Nestle India gains on Q2 profit rise

Nestle India

16/10/2025 08:00

** Nestle India NEST.NS turns positive after posting marginal rise in Q2 profit

** NEST rises 3.4% post results; FMCG sub-Index .NIFTYFMCG adds 1%, led by Nestle India's gains

** Profit before exceptional items and tax rises to 10.29 bln rupees (~$117 mln) vs year-ago 10.21 bln rupees

** Q2 rev jumps ~11% y/y to 56.44 bln rupees

** Stock rated "hold" on avg; median PT is 1,210 rupees, per data compiled by LSEG

** YTD, NEST gains 16%

 (Reporting by Urvi Dugar)

 ((UrviManoj.Dugar@thomsonreuters.com))