Nestle India reported a standalone net profit of ₹986.4 crore for the second quarter of FY25, marking an 8.6% increase from ₹908 crore in the same quarter last year. The company’s revenue from operations saw a slight rise of 1.3%, reaching ₹5,104 crore compared to ₹5,037 crore in the previous year.
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However, the operational earnings before interest, tax, depreciation, and amortization (EBITDA) fell by 4.7% to ₹1,168 crore from ₹1,225 crore year-on-year, resulting in an EBITDA margin decrease of 130 basis points to 22.9%. In terms of consolidated results, the net profit for Q2FY25 declined to ₹899 crore from ₹908 crore in the same quarter last fiscal.
Chairman and Managing Director Suresh Narayanan highlighted the challenging external environment, characterized by muted consumer demand and rising commodity prices for coffee and cocoa. Despite this, the company focused on growth, with five of its top twelve brands experiencing double-digit growth.
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The beverages segment particularly thrived, with NESCAFE CLASSIC, NESCAFE SUNRISE, and NESCAFE GOLD leading the way, while MILKMAID and the toddler product range also saw high double-digit growth.
In the Out-of-Home segment, strong double-digit growth was reported, though elevated commodity prices continue to pose challenges, especially for cereals and edible oils. At 2:30 PM, Nestle India’s shares were down 2.93% at ₹2,390.00 on the BSE.
