Nestle India posts higher profit as tax cuts boost demand

Nestle India

30/01/2026 08:25

Jan 30 (Reuters) - Nestle India NEST.NS posted a 46% increase in third-quarter profit on Friday, aided by improving demand for packaged food items, including Maggi noodles and Nescafe coffee, after consumption tax cuts lifted spending.

The Indian unit of Swiss food major Nestle NESN.S said net profit rose to 10.18 billion rupees ($110.77 million) for the quarter ended December 31, from 6.96 billion rupees a year earlier.

($1 = 91.9000 Indian rupees)

 (Reporting by Komal Salecha in Bengaluru; Editing by Sonia Cheema)

 ((Komal@thomsonreuters.com;))