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Nestle's strong growth baked in
Mint Chennai
|February 03, 2026
Nestle India’s growth was at a multi-quarter high in Q3FY26, but Ebitda margin fell to a multi-quarter low.
Nestle India Ltd’s shares are flirting with the 52-week high of ₹1,339.60 attained on 30 January.
The December quarter (Q3FY26) results announced on Friday could well support the stock. After all, the packaged-food company’s volume growth for the quarter was the strongest in almost five years.
“Volume-plus-sales-mix growth was at 16% year-on-year, in our view, much above our forecast of 8% year-on-year and the highest among peers,” Nomura Financial Advisory and Securities (India) said in a report.
Nestle benefited from improved demand amid the broader market recovery following the reduction in the goods and services tax rates.
Investments in increasing capacity and building brands helped growth.
The company increased consumer-focused media and advertising spending by 42% year-on-year.
These factors helped Nestle to report multi-quarter high revenue growth in Q3.
Diese Geschichte stammt aus der February 03, 2026-Ausgabe von Mint Chennai.
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