Nestle India Q1 results: Profit soars 48% YoY to Rs 975 cr
FMCG major Nestle India on Wednesday reported a net profit of Rs 975 crore for the first quarter of FY27, registering a 48% growth compared with Rs 660 crore in the same quarter last year.
The company’s revenue from operations for the quarter under review stood at Rs 6,378 crore, marking a 25% year-on-year (YoY) increase from Rs 5,096 crore, Nestle said in a regulatory filing.
EBITDA for the quarter revenue came in at Rs 1,538 crore, 40% higher from Rs 1,100 crore in the corresponding quarter of the previous financial year. Margin for the quarter improved 250 basis points to 24.2% from 21.6% in Q1FY26.
Nestle said commodity markets remain mixed. Coffee is expected to remain well supplied, supported by higher production in Brazil and Vietnam, although near-term volatility could persist due to fund activity and weather-related delays in Brazil’s harvest.
Cocoa and sugar prices remain under pressure, with cocoa affected by erratic rainfall in key producing regions, while sugar prices have strengthened following lower-than-expected crop estimates. Uneven monsoon conditions linked to El Niño also pose a risk to the next crop.
Edible oil prices remain stable but elevated, while wheat and milk prices are expected to stay range-bound. The protein complex, including dairy-based proteins, continues to face inflationary pressures as demand driven by nutrition and protein fortification trends grows faster than supply.
Nestle Q1 segment-wise performance
Prepared dishes and cooking aids: Maggi continued to focus on strengthening brand engagement through exclusive product launches and collaborations. These included a limited-edition Maggi bowl on quick-commerce platforms and an on-ground merchandise collaboration with Uniqlo.
Milk products and nutrition: Nestle’s science-based nutritional products for infants continued to see sequential improvement, supported by increased efforts to strengthen the trust of parents and healthcare professionals. Everyday milk powder regained positive momentum in priority markets, while products targeted at toddlers continued to report strong growth and gain market share.
The company’s revenue from operations for the quarter under review stood at Rs 6,378 crore, marking a 25% year-on-year (YoY) increase from Rs 5,096 crore, Nestle said in a regulatory filing.
EBITDA for the quarter revenue came in at Rs 1,538 crore, 40% higher from Rs 1,100 crore in the corresponding quarter of the previous financial year. Margin for the quarter improved 250 basis points to 24.2% from 21.6% in Q1FY26.
Nestle said commodity markets remain mixed. Coffee is expected to remain well supplied, supported by higher production in Brazil and Vietnam, although near-term volatility could persist due to fund activity and weather-related delays in Brazil’s harvest.
Cocoa and sugar prices remain under pressure, with cocoa affected by erratic rainfall in key producing regions, while sugar prices have strengthened following lower-than-expected crop estimates. Uneven monsoon conditions linked to El Niño also pose a risk to the next crop.
Edible oil prices remain stable but elevated, while wheat and milk prices are expected to stay range-bound. The protein complex, including dairy-based proteins, continues to face inflationary pressures as demand driven by nutrition and protein fortification trends grows faster than supply.
Nestle Q1 segment-wise performance
Prepared dishes and cooking aids: Maggi continued to focus on strengthening brand engagement through exclusive product launches and collaborations. These included a limited-edition Maggi bowl on quick-commerce platforms and an on-ground merchandise collaboration with Uniqlo.
Milk products and nutrition: Nestle’s science-based nutritional products for infants continued to see sequential improvement, supported by increased efforts to strengthen the trust of parents and healthcare professionals. Everyday milk powder regained positive momentum in priority markets, while products targeted at toddlers continued to report strong growth and gain market share.
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