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Nestle India News

25 Oct 2024

Indian Stock Market Opens Flat, Axis Bank And ITC Among Top Gainers

Sensex Today: IndusInd Bank, NTPC, Mahindra & Mahindra, JSW Steel, Tata Steel and L&T were the top losers.

08 Jul 2024

Nestle India Interim Dividend Declared: Check Record Date And Other Details

Nestle India shares soared following the news of the interim dividend.

18 Apr 2024

Nestle Adds Sugar In Baby Foods Sold In India But Not In US, UK, Switzerland

Swiss investigative organisation Public Eye has found in its report that Nestle adds upto 3 grams of sugar in its baby food per serving in India, however the same is sugar-free in countries like US, United Kingdom, Germany Switzerland.

21 Oct 2023

Maggi's Revival Tale: How Suresh Narayanan Saved India's Most Popular Noodles

Under the leadership of Suresh Narayanan, the Chairman and Managing Director of Nestle India, the company came out its worst crisis in the country and regained the former dominant position in the Noodles segment.

12 Apr 2023

Nestle India Declares Interim Dividend Of Rs 27 For 2023

It has fixed April 21, 2023 as the record date to determine the eligibility of shareholders for the payment of said interim dividend.

Nestle Q3 Result

19 Oct 2022

Company reports 8% NET PROFIT, highest sales growth in 5 years - Details here

Nestle India announces Q3 result for this FY. It has increased by 8.3% to Rs 668 crore in September. Nestle owns famous noodles brand Maggi.

17 Feb 2022

Nestle India Q4 profit dips 20% to Rs 386.66 crore, revenue up 8.9%

Nestle had posted a profit of Rs 483.31 crore in the same period a year ago. The company's revenue from operations was up 8.93 per cent to Rs 3,739.32 crore during the period under review. Nestle India's domestic sales were up 9.17 per cent to Rs 3,559.78 crore.

13 Oct 2021

Sensex rallies 453 points to new peak, Nifty claims 18,100 level

M&M was the top gainer in the Sensex pack, zooming over 5 per cent. M&M was followed by PowerGrid, ITC, L&T, Tech Mahindra, Titan and Tata Steel. Maruti, HUL, Nestle India, Axis Bank and SBI were among the laggards.

09 Aug 2021

Nestle India's popular brands to sport masks on packaging to create awareness

Nestle is tweaking its product packaging to leverage the power of iconic brands like Maggi, Kitkat, Nescafe and Everyday to deliver the message. The company will have a campaign in print and digital media informing its consumers about the packaging changes, generating awareness. The company has already implemented the changes at its factory lines and the products are expected to hit the market in coming weeks.

18 Feb 2019

Nestle India plans up to 3-dozen product launches in 2019, eyes higher exports

Nestle India, at present, has eight factories across the country.

07 Aug 2018

Maggi attains over 60% market share, touches pre-crisis level in value terms

However, volume-wise Maggi is still away from the pre-crisis period, when Nestle used to dominate the market with 75 percent market share.

04 Dec 2017

Maggi compliant with latest FSSAI norms, no ash added: Nestle

District administration of Shahjahanpur, UP, had slapped a fine on Nestle India and its distributors last week after Maggi had allegedly failed to pass the lab test and found ash content above the permissible limits for human consumption.

29 Nov 2017

Maggi noodles safe for consumption, Nestle India rejects allegation of ash

The district administration of Shahjahanpur, UP, has slapped a fine on Nestle India and its distributors after its popular noodles brand Maggi allegedly failed to pass the lab test, even as the FMCG major maintained that "it's a case of application of incorrect standards".

29 Nov 2017

Maggi in trouble again, fails lab test in Uttar Pradesh

Nestle India's popular Maggi has failed lab test in UP Shahjahanpur district administration has slapped a fine on Nestle India Lab tests found ash content above the permissible limits of human consumption.

12 Nov 2017

Will pass on GST rate cut benefits to consumers: Nestle

As many as 178 items of daily use were shifted from the top tax bracket of 28 percent to 18 percent while a uniform 5 percent tax was prescribed for all restaurants, both air- conditioned and non-AC.

12 May 2017

Nestle Q1 up 6.8% to Rs 307 crore

The company, which follows January-December period as financial year, had posted a net profit of Rs 287.32 crore for the March quarter of last fiscal.

15 Feb 2017

Nestle Q4 net profit down 8.6% to Rs 167.31 crore

FMCG major Nestle India on Wednesday reported a decline of 8.66 percent in its standalone net profit to Rs 167.31 crore for the fourth quarter ended December 31, 2016.

28 Jan 2017

Maggi noodles has cornered 60% market share: Nestle India CMD

Nestle India's instant noodles brand Maggi, whose sales were severely hit by the Food Safety and Standards Authority of India (FSSAI) ban in 2015, has now cornered close to 60 per cent market share, a top company official said.

30 Sep 2016

SC to hear Nestle's plea to destroy 550 tonnes of Maggi today

The Supreme Court will on Friday hear the Maggi noodles matter on the application of Nestle India Ltd, who had approached it seeking 550 tonnes of seized expired stock be handed over to them by the Food and Safety Standards Authority of India (FSSAI) so that the stock can be destroyed.

26 Sep 2016

One for girl child: Nestle India gives its brands a new look

Nestle India, in partnership with NGO Nanhi Kali, is giving its popular brands Maggi, Nescafe and Kitkat a new look as part of an initiative to support education for girl child.

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