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Nestle India shares fall over 7% despite 35.9% profit jump as food inflation and rich valuations weigh

Nestle India reported a 35.9% year-on-year rise in consolidated net profit to ₹1,009 crore and 20.3% revenue growth, yet its shares fell over 7%. Food inflation, commodity costs and high FMCG valuations raised concerns about future earnings.

Nestle India: profit and revenue growth against the share price fall after results
Consolidated net profit
₹1,009 crore
Net profit growth, year on year
35.9%
Revenue growth
20.3%
Share price fall after results
over 7%
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  1. Nestle India Q2 preview: PAT seen above ₹1,000 crore as ~10% volume growth lifts revenue 20–21%, , Business Standard
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