Nestle India logged its best quarterly performance in a decade, driven by broad-based volume growth and strong momentum in e-commerce and beverages. The company leaned on a faster path to consumers through quick-commerce and pushed its Nescafe coffee offerings, supported by higher advertising spends. Despite the marketing push, Nestle protected margins through efficient operations and targeted investments.
Nestle India shares surged over 3% on Wednesday, climbing to an intraday high of Rs 1,425.20, after the company reported 23% year-on-year revenue growth in Q4FY26. The momentum also lifted broader sentiment, with the Nifty FMCG index rising about 1% to around 51,299.45. Investors reacted positively to the strong earnings backdrop.
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Suresh Narayanan’s decade at Nestlé India has spanned the Maggi crisis and a subsequent turnaround that helped reshape the company’s footprint and valuation. Now he is stepping aside as Manish Tiwary takes charge of Nestlé’s India business. The question is what new priorities will define the next chapter for the global food giant.
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