Nestle India Q2 earnings: Net profit at Rs 1,026 crore, stock plunges 9%
Nestle India stock fell 9% to Rs 1259 in the afternoon session today against the previous close of Rs 1384.15. Market cap of the firm slipped to Rs 2.53 lakh crore
- Oct 15, 2026,
- Updated Oct 15, 2026 1:25 PM IST
Nestle India Ltd shares were trading lower on Thursday after the firm reported its Q2 earnings. Nestle India stock fell 9% to Rs 1259 in the afternoon session today against the previous close of Rs 1384.15. Market cap of the firm slipped to Rs 2.53 lakh crore. Profit after tax rose 36.3% to Rs 1,026.8 crore against Rs 753.2 crore profit in the corresponding quarter a year ago. Total sales rose to Rs 6,782.2 crore in Q2 against Rs 5630.2 crore in the year ago period.
Total sales growth stood at 20.5% and domestic sales growth came at 20.4%
EBITDA margins came at 23.8% and Earnings per share came at Rs 5.32 in Q2 against Rs 3.90 in the year ago period.
Manish Tiwary, Chairman and Managing Director, Nestle India, said: I am pleased to share that the quarter saw a continuation of strong and broad-based growth across all product groups, with total sales reaching Rs 6,782.2 crore, with a growth of 20.5%, that was driven by robust, double-digit volume growth. We continued to focus on efficiencies across our operations while significantly increasing investments behind our brands, with advertising and marketing spends up by 46%.
On the outlook of commodity prices, the firm said "Coffee and wheat are expected to remain range-bound, while sugar and edible oils have stabilized at elevated levels. Cocoa remains volatile due to weather-driven crop concerns in key origins. Milk prices have strengthened seasonally but should ease as flush supplies arrive."
Nestle India Ltd shares were trading lower on Thursday after the firm reported its Q2 earnings. Nestle India stock fell 9% to Rs 1259 in the afternoon session today against the previous close of Rs 1384.15. Market cap of the firm slipped to Rs 2.53 lakh crore. Profit after tax rose 36.3% to Rs 1,026.8 crore against Rs 753.2 crore profit in the corresponding quarter a year ago. Total sales rose to Rs 6,782.2 crore in Q2 against Rs 5630.2 crore in the year ago period.
Total sales growth stood at 20.5% and domestic sales growth came at 20.4%
EBITDA margins came at 23.8% and Earnings per share came at Rs 5.32 in Q2 against Rs 3.90 in the year ago period.
Manish Tiwary, Chairman and Managing Director, Nestle India, said: I am pleased to share that the quarter saw a continuation of strong and broad-based growth across all product groups, with total sales reaching Rs 6,782.2 crore, with a growth of 20.5%, that was driven by robust, double-digit volume growth. We continued to focus on efficiencies across our operations while significantly increasing investments behind our brands, with advertising and marketing spends up by 46%.
On the outlook of commodity prices, the firm said "Coffee and wheat are expected to remain range-bound, while sugar and edible oils have stabilized at elevated levels. Cocoa remains volatile due to weather-driven crop concerns in key origins. Milk prices have strengthened seasonally but should ease as flush supplies arrive."