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Nestlé reports strongest quarterly growth in nearly a decade
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Friday, 24 April, 2026, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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The board of directors of Nestlé India approved the financial results (standalone and consolidated) for the fourth quarter and financial year ended March 31, 2026.
Manish Tiwary, chairman and managing director of Nestlé India, said, “I am pleased to share that this quarter, Nestlé India delivered high double-digit growth and recorded its highest-ever domestic sales, at Rs 6,445 crore. This performance was powered by double-digit volume growth, driven by over 50% increase in advertising spends, whilst delivering a healthy EBITDA margin of 26.3%.”
“Total sales and domestic sales for the quarter increased by 23.4% and 23.1%, respectively. Encouragingly, all product groups contributed to this performance. I extend my sincere appreciation to our colleagues for their steadfast teamwork and shared sense of purpose, as the company continued to serve consumers amidst a demanding external environment. Penetration and premiumisation, combined with disciplined resource allocation and strong execution, have been key in driving growth,” said Tiwary.
During the financial year ended March 31, 2026, the company remained focused on the fundamentals and executed with resilience, delivering double-digit, volume-led growth alongside strong market share gains. Over the last five years the power brands MAGGI noodles consistently maintained its leadership position in the market, while KitKat and Nescafé have accelerated their market share growth.
“We progressed on our structural cost-efficiency agenda and delivered our highest-ever operational cost savings, which enabled higher reinvestments behind brands, accelerated digital, tech-enabled capabilities across sales and operations. We maintained tight discipline on profitability and cash generation and continued to upgrade and expand capacity prudently to meet growing consumer and customer demand and support future growth. Technology was leveraged to eliminate costs that did not add value to consumer and customers. These structural cost savings created headroom to channel those savings back into brand investment, higher advertising, consumer facing activation, stronger penetration and distribution,” said Tiwary.
Confectionery product group grew at a high double-digit pace in both value and volume underpinned by strong underlying transaction growth across the powerhouse brands. Increased distribution, enhanced freshness through the visicooler programme and a slew of innovations helped sustain this momentum.
The Powdered and Liquid Beverages product group achieved another year of high double-digit growth, driven by increased coffee penetration, accelerated premiumisation, and deeper category relevance across consumer segments, supported by strong brand equity and an expanded footprint.
Prepared Dishes and Cooking Aids product group posted strong volume-driven growth, fuelled by engaging urban consumers and expanding rural reach, leading to gains in both market share and penetration.
Milk Products and Nutrition product group showed resilience, delivering steady growth. The company expanded portfolio accessibility and value by introducing new and larger pack sizes across to support consumer needs.
The Pet food business reported high double-digit growth, driven by a strong innovation pipeline to expand penetration and trials, wider distribution and a sharper focus on building deeper bonds between pets and pet parents.
Nespresso continued its growth path with the opening of the second boutique in India in Gurugram that has resonated well with coffee connoisseurs.
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