nestle india
Food
GST to impact registered sales growth till June next year: Nestle
FMCG major Nestle India expects its registered sales growth to be impacted till June next year on account of GST.
According to a PTI report: However, sales volume will not be impacted as much, the company said in a investors...
Food
Nestle India's April-June net profit up 9 per cent
IANS -
Nestle India on Wednesday reported a rise of 9.66 per cent in its net profit after tax for the second quarter (Q2) of 2017.
The company's net profit for the April-June quarter stood at Rs 263.43 crore -- up 9.66...
Food
Nestle to pass on GST benefits to consumers
FMCG major Nestlé India said that it will pass on benefits of reduced tax rate under GST on various products such as milk powder to consumers once the new tax regime kicks in.
There has been considerable reduction in GST...
Food
Nestlé introduces iron fortified noodles; to cut down sodium level further in Maggi
Nestlé India has launched iron fortified noodles as part of its mission to reduce sodium content in the noodles further by 10 per cent by 2020 and increasing micronutrient fortification, the company said in a statement.
"Over the last 10...
Food
Nestle India's January-March net profit up 6.7 per cent
IANS -
Nestle India on Friday reported a surge of 6.7 per cent in its net profit after tax for the first quarter (Q1) of 2017.
The company's net profit for the January-March quarter stood at Rs 306.76 crore -- up 6.7...
Food
Nestle India introduces 4 new regional flavours of Maggi
FMCG major Nestle India has strengthened the range of its popular instant noodles Maggi by introducing four new regional flavours.
The new range consists of four new flavours - Amritsari Achari, Mumbaiya Chatak, Super Chennai and Bengali Jhaal, which have...
Food
Nestle to bring more global brands into India
Nestle India is exploring ways to bring some products from its 2,000 global brands to the country and also reduce dependency on a single brand, a top company official has said.
"We have 2,000 brands globally and we will be...
Food
Nestle to diversify into premium coffee, pet care, skin health, cereals segment
Out of Maggi crisis, FMCG firm Nestle India, is looking to diversify into new segments like premium coffee business, pet care, skin health and cereals while it looks at 2017 as a "year of aggression".
According to a PTI report:...
Food
Sales around Rs 100 crore impacted due to demontization: Nestle
FMCG major Nestle said it has taken Rs 100 crore hit on sales due to demonetization and the sector will take another six months to overcome the impact of the Government's move to scrap old high value notes.
"We took...
Food
Nestle India reports decline of 8.66 pc standalone net profit to Rs 167.31 crore in Q4
FMCG major Nestle India on Wednesday reported a decline of 8.66 per cent in its standalone net profit to Rs167.31 crore for the fourth quarter ended on 31 December 2016.
The company, which follows January-December financial year, had posted a...
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Swiggy announces 5th ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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