Nestle reports strong sales growth; profit up 46%

Nestlé India reported a strong volume-led sales growth of 18.5%, posting its highest-ever quarterly turnover of Rs 5,643 crore in the third quarter ended Dec 2025, aided by a recovery in demand, following a cut in GST rates. Net profit surged 46% year-on-year to Rs 1,018 crore for the period.The company attributed the robust performance to strategic investments in capacity expansion and brand building, aided by a recovery in market demand following GST-related benefits, according to its chairman and managing director, Manish Tiwary. Confectionery, including Kitkat and Munch, was the fastest-growing product group, experiencing robust double-digit growth fuelled by strong underlying volume increases, significant advertising spends, expansion of store presence alongside rural market acceleration, and increased in-home penetration driven by quick commerce. The Powdered and Liquid Beverages product group witnessed a robust growth this quarter, marking 18 consecutive quarters of double-digit sell-out growth. Further, the Prepared Dishes and Cooking Aids product group led by Maggi registered strong double-digit value growth on the back of accelerated volume growth. The Milk Products and Nutrition product group showed improved performance with mid-single-digit growth, with certain segments demonstrating promising growth while others exhibited muted performance.