Nestle India Q2 Results: Standalone profit jumps 36% YoY to Rs 1,027 crore, revenue rises 20%

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The company’s revenue from operations came in at Rs 6,788 crore, 20% higher from Rs 5,644 crore reported in the corresponding quarter of the previous financial year.

Post earnings announcement, shares of the company fell 7% to trade at Rs 1,260 on the NSE.

Margins for the quarter under review improved 200 basis points to 23.8% from 21.% in Q2FY26. EBITDA gained 31% to Rs 1,614 crore versus Rs 1,232 crore reported in the year-ago period.

The management said rising inflation, particularly food inflation, is a reality. “We remain focused on navigating these external challenges through continuous innovation and renovation, sustained investments behind our brands, and an intensified focus on productivity and operational efficiencies to mitigate commodity cost pressures,” the company said.

It added that 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 Q2 business highlights

E-commerce growth was driven by continued momentum in quick commerce, supported by better product availability, channel-specific assortments and pack sizes, stronger digital shelf execution and targeted shopper engagement. Organised trade also recorded strong growth across key categories, aided by better in-store execution, consumer activations, improved shelf visibility and continued expansion of the store network.

The out-of-home business grew on the back of customer retention and acquisition, innovation and premiumisation. Nestlé expanded its beverage portfolio through Nescafe Duo Gusto, described as an industry-first hot and cold machine, and a wider range of cold beverage solutions such as Nestle Shikanji. In food, recipe-led innovations supported the expansion of Maggi Coconut Milk Powder in coastal cuisines and increased adoption of Milkmaid in cafés and bakeries.

Exports sustained strong double-digit growth, driven by portfolio expansion and market development. During the quarter, Maggi Masala-e-Magic was launched in Canada, while Nescafe Sunrise expanded into five West African markets. Nestlé also introduced a new instant coffee variant in the Middle East.