Nestlé India delivers growth in Q3 FY25 despite external pressures

Nestlé India has reported total sales of Rs 4762.1 crore for the third quarter ended December 31, 2024, a growth of 3.9%. Domestic sales recorded growth of 3.3%. Profit from operations stood at 20.3% of sales. Nestlé’s net profit for Q3 FY2025 was up 5% at Rs 696.1 crore.

Commenting on the results, Suresh Narayanan, Chairman and Managing Director of Nestlé India, stated, “This quarter, 3 out of 4 product groups delivered healthy growth led by a combination of pricing and volume. Key brands continue to perform and this augurs well in a challenging environment.”

He added, “Our powdered and liquid beverages business was the largest growth contributor this quarter, with high double-digit growth. Beverages retail achieved a significant milestone by surpassing Rs 2,000 crore business in the last twelve months, spearheaded by NESCAFÉ CLASSIC, NESCAFÉ SUNRISE, and NESCAFÉ GOLD. With this stellar performance, NESCAFÉ strengthened its leadership position by gaining market share and bringing 3.7 million households into the coffee category.”

Nestlé India’s Out-of-Home business reported strong double-digit growth with significant acceleration in the food & beverage solutions portfolio. E-commerce continued its path of acceleration posting high double-digit growth and contributing 9.1% to domestic sales. New products launched since 2015 now contribute to approximately 7% of sales.

Narayanan further said, “It was a quarter that was marked with food inflation, moderation in urban consumption, with gradual recovery in rural consumption. I would like to extend my heartfelt appreciation to my colleagues, distributors, retailers and partners for their tenacity and resilience, despite the prevailing external pressures.”