business / news / / Livemint
Nestlé India’s consolidated profit jumped 27% year-on-year to ₹1,110.
Nestlé India reported its strongest quarterly growth in a decade, driven by double-digit volume growth.
KEY POINTS
- Nestlé India is expanding into rural markets, now present in 216,000 villages with 45,000 distribution hubs.
- The company is avoiding shrinkflation, focusing on transparent pricing and maintaining pack sizes despite cost pressures.
- Nestlé India's pet-care segment is growing at high double digits after acquiring Purina Petcare India and investing in Drools.
- Nespresso has been launched in India, with plans to expand locally tailored offerings for premium coffee consumers.
COMPANIES
Summarized by Newsio from Livemint. How we summarize →