Nestle India shares soar 5% regardless of Q2 revenue tumbling 24% YoY; right here’s why

Shares of Nestle India gained 5% to their day’s excessive of Rs 1,281 on the NSE on Thursday, October 16, following the corporate’s Q2 FY26 outcomes. The corporate reported a 23.6% year-on-year (YoY) decline in standalone revenue after tax (PAT) to Rs 753.2 crore, at the same time as income from operations rose 10.6% YoY to Rs 5,643.61 crore, in contrast with Rs 5,104 crore in the identical quarter final 12 months.

On a consolidated foundation, PAT fell 17.4% to Rs 743.17 crore from Rs 899.49 crore in Q2 FY25.

Complete gross sales reached Rs 5,630.2 crore, reflecting a ten.9% YoY development, with home gross sales up 10.8%, underscoring regular demand within the residence market. The corporate attributed this development to sturdy volumes, with home gross sales of Rs 5,411 crore marking the best ever in any quarter.

The export section recorded excessive double-digit development, supported by sturdy demand throughout product teams. MAGGI Noodles and its variants continued to carry out effectively globally. The corporate expanded its portfolio by extending NESCAFÉ Bulk into the Center East and launching NESCAFÉ Dawn within the United Arab Emirates, Saudi Arabia, Singapore, and New Zealand.

Moreover, the KITKAT vary was launched in Singapore, and MILKMAID Doypack was launched in Sri Lanka.

The FMCG main additionally famous that the latest amendments to Items and Companies Tax (GST) charges introduced by the Authorities of India are a constructive step for shoppers, anticipated to stimulate consumption, improve affordability, and contribute to the general development of the FMCG sector and the economic system.“We now have been working intently with our companions, distributors, wholesalers, and retailers to move on the advantages of the revised GST charges throughout our product teams to our shoppers,” the corporate stated in a press launch.At round 12:20 pm, shares of the corporate have been buying and selling at Rs 1,254, up 3% from the final shut on the NSE. The Nestlé India inventory is up 15.5% on a year-to-date foundation.

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