Nestlé India delivers volume led double-digit sales growth

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Pune (Voice news service):- The Board of Directors of Nestlé India today approved the results for the second quarter of financial year 2025-26.Commenting on the results, Mr. Manish Tiwary, Chairman and Managing Director of Nestlé India stated, I am happy to report that domestic sales grew at a double-digit rate, led by volume growth. Three out of four product groups delivered strong volume led double-digit growth. Our domestic sales reached INR 5,411 crore, the highest ever recorded in any quarter. I would like to thank our employees for their commitment and resolve.

The recent amendments in the Goods and Services Tax (GST) rates announced by the Government of India is a positive step for consumers. It is expected to stimulate consumption, drive affordability and contribute to the overall growth of the FMCG sector and the economy. We have been working closely with our partners, distributors, wholesalers, and retailers, to pass on the benefits of the revised GST rates, across our product groups to our consumers.

The Confectionery product group grew at a strong double-digit rate, driven by significant underlying volume growth. KITKAT was the largest growth driver and continued to gain market share. India remains the second largest KITKAT market for Nestlé worldwide. The numeric distribution expansion of KITKAT, particularly in rural areas, contributed to this growth. MUNCH and MILKYBAR also grew at high double-digit rates.

The Powdered and Liquid Beverages product group delivered another quarter of high double-digit growth. NESCAFÉ continued to lead the coffee category, gaining market share and increasing household penetration.

The Prepared Dishes and Cooking Aids product group registered a strong double-digit value growth on the back of accelerated volume growth. MAGGI Noodles delivered a double-digit volume growth, while Masala-ae-Magic continued its strong run.

The Milk Products and Nutrition product group had mixed performance, with certain segments showing growth while others exhibited muted performance. Nonetheless, we are encouraged by the improving underlying trends in some segments.

The Pet Food business reported high double-digit growth, achieving its highest turnover since its integration into the Nestlé India business. The PURINA FRISKIES cat food brand launched two new variants: Meaty Grills and Indoor Delights.

Nestlé Professional, the Out-of-Home (OOH) business, displayed strong double-digit growth.This reflects the business’s dedication to evolve its portfolio into a comprehensive solution provider for operator needs within the Food & Beverage sector. India is the fastest growing market for the Nestlé OOH business in the Zone and now ranks as the second largest in size in Zone Asia, Oceania and Africa.

To serve our consumers we have an omni-channel approach, ensuring that our brands are available at locations and channels that are most convenient for consumers. E-Commerce continued to maintain its growth momentum, supported by festive unlocks, thematic interventions, and new product launches such as the KITKAT Delights Range and MAGGI Double Masala. This momentum was further strengthened by a sharpened focus on ensuring availability and strategic partnerships with key platforms specifically in e-commerce.

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