FMCG major Nestle India Ltd on Thursday reported a 13.4% decline in consolidated net profit to ₹646.59 crore for the June 2025 quarter, mainly impacted by high commodity prices.
Nestlé India Q2 Net Profit Falls 13.4% to ₹646 Crore; Sales Rise 5.8%
Despite higher sales, Nestlé India's bottom line takes a hit due to elevated costs and one-off expenses.
Nestlé India Q2 Net Profit Falls Shutterstock
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The company had posted a net profit of ₹746.6 crore a year ago, according to a regulatory filing by Nestle India.
Its revenue from the sale of products increased 5.86% to ₹5,073.96 crore in the June quarter. It was ₹4,792.97 crore in the corresponding period of the last fiscal year.
"The quarter was impacted by elevated consumption prices across the commodity portfolio. In addition, we witnessed higher operations costs as a result of significant expansion in manufacturing in the last seven to eight months," said Nestle India Chairman and Managing Director Suresh Narayanan.
Borrowings from commercial banks to fund temporary operational cash-flow requirements resulted in higher finance costs in the quarter.
"However, we have noticed stabilising prices for edible oil and cocoa, a declining trend in coffee and a stabilising to modest increase in pricing of milk," said Narayanan.
The total expenses of Nestle India rose 9.25% to ₹4,199.73 crore.
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Domestic sales climbed 5.45% to ₹4,860.01 crore against Rs 4,608.50 crore in the corresponding period of the previous fiscal.
Its exports surged 16% to 213.95 crore.
Shares of Nestle India were trading at ₹2,338.45 apiece, down 4.66% at BSE
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