Nestle India rises after quarterly profit, revenue jump

Nestle India

22/07/2026 07:05

** Shares of Nestle India NEST.NS rise more than 3% to 1,499.30 rupees 
** Indian unit of Swiss food major Nestle NESN.S posted 48% y/y rise in Q1 profit, helped by strong demand for its Maggi, KitKat and Nescafe brands
** Co's June-quarter revenue from operations rose 25% y/y
** 35 analysts have a "hold" rating on avg; median PT 1,461 rupees - data compiled by LSEG
** YTD, stock up about 16.5%

(Reporting by Surbhi Misra in Bengaluru)
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