Nestle India reported a 35.9 percent year-on-year increase in consolidated net profit to Rs 1,009.6 crore for the quarter ended September 2026, while revenue from operations rose 20.3 percent to Rs 6,788.3 crore. However, the company's shares plunged nearly 7 percent on Thursday as management flagged rising inflation, particularly food inflation, and continued commodity cost pressures.

On a standalone basis, Nestle India's net profit rose 36.2 percent year-on-year to Rs 1,026.8 crore, while revenue from operations increased 20.3 percent to Rs 6,788.3 crore. The standalone profit exceeded CNBC-TV18's poll estimate of Rs 1,018 crore, while revenue was broadly in line with the estimate of Rs 6,789 crore.

Nestle India shares fell 6.7 percent to Rs 1,291 in afternoon trade.

Nestle India Q2 results: Strong volume growth, EBITDA margin at 23.8%
Nestle India Chairman and Managing Director Manish Tiwary said the company recorded broad-based growth across product groups, supported by robust double-digit volume growth. Total sales rose 20.5 percent to Rs 6,782.2 crore, while domestic sales increased 20.4 percent.

The company's EBITDA margin stood at 23.8 percent during the quarter, even as advertising and marketing expenditure surged 46 percent as Nestle stepped up investments in its brands.