Nestlé India bets on rural push and tech-led distribution as FY26 sales hit Rs 23,072 cr

Chairman Manish Tiwary's first shareholder letter outlines a rural penetration drive via NesMitra, 1,000 Retail ONE kiosks, and Purina PetCare expansion. FY26 delivered double-digit volume-led growth despite inflation, backed by a 1:10 stock split and 1:1 bonus issue.

— Source publishedSat, 6 Jun, 2026, 15:23 IST·First seen Sat, 6 Jun, 2026, 15:36 IST·Source NDTV Profit

What happened

Nestle India Chairman Manish Tiwary's first shareholder letter outlines rural penetration, tech-enabled distribution via NesMitra, 1,000 Retail ONE kiosks, and

Key facts

  • Rs 23,071.5 crore FY26 sales
  • 1,000 Retail ONE kiosks
  • 1:10 stock split 2024
  • 1:1 bonus 2025

Why this matters

Purina PetCare expansion plus rural distribution buildout opens M&A and partnership angles in pet nutrition, regional foods, and rural fintech-enabled distribution platforms.