Nestlé India (NESTLEIND) Q3 25/26 earnings summary

Executive summary

• Achieved record quarterly turnover of INR 5,643.5 crore, with 18.5% year-over-year sales growth and the strongest volume growth in nearly five years, driven by broad-based demand and strategic investments in capacity and brand building.

• All four product groups delivered positive volume-led growth, with three out of four achieving robust double-digit growth; confectionery was the fastest-growing segment.

• EBITDA margin stood at 21.3% for the quarter, reflecting operational efficiency and increased advertising spend.

Financial highlights

• Total sales for Q3 FY2025-26 reached INR 5,643.5 crore, up 18.5% year-over-year; domestic sales grew 18.3%.

• EBITDA for the quarter was INR 1,202.1 million, representing 21.3% of sales.

• Profit after tax for the quarter was INR 1,018.1 crore; EPS stood at INR 5.28.

• Exceptional items of INR 1,569.5 million included a writeback of income tax provisions, restructuring costs, and a non-recurring gratuity charge due to new labour codes.

• Writeback of INR 3,120.4 million in provisions positively impacted results, with INR 2,023.2 million under exceptional items and INR 1,097.2 million under tax expense.

Outlook and guidance

• Focus remains on innovation, consumer-centricity, and operational excellence, with continued investment in automation and technology to drive efficiencies.

• Management expects commodity prices for milk and edible oil to remain elevated, while coffee prices have stabilized.