Nestlé India on Friday reported a strong set of earnings for the third quarter ended December 31, 2025, driven by robust domestic sales and a major tax-related credit. The FMCG major’s consolidated net profit for the quarter surged 45.12% year-on-year (YoY) to ₹998.42 crore, up from ₹688.01 crore in the corresponding period last fiscal.

Revenue and operational performance

The company’s revenue from operations grew by 18.57% YoY to ₹5,667.04 crore, compared to ₹4,779.73 crore in Q3 FY25. This growth was primarily led by domestic sales, which rose 18.3% to ₹5,402.6 crore. Export sales also saw a healthy increase, climbing to ₹240.92 crore from ₹196.08 crore a year ago.

At the operational level, EBITDA rose 9% to ₹1,202.07 crore. While total expenses increased to ₹4,667.63 crore—led largely by a rise in the cost of materials and employee benefits—the bottom line received an exceptional item credit of ₹156.95 crore. The earnings per share (EPS) for the quarter stood at ₹5.28.

Interim dividend and renewable energy push

The board declared an interim dividend of ₹7 per equity share. The record date for this payout has been set for February 6, 2026, with payments beginning on February 26.

The board also granted in-principle approval for investments in two special purpose vehicles (SPVs) with Adani Green Energy Limited and Radiance Renewables Private Limited. Nestlé India plans to acquire up to a 26% stake in these SPVs to establish captive renewable energy plants, securing green power for its manufacturing units.

Leadership succession

Edouard Mac Nab has been appointed as the new chief financial officer (CFO) and whole-time director for a five-year term starting March 1, 2026. He will succeed Svetlana Boldina, who is moving to a new role within a Nestlé affiliate.

Jagdeep Singh Marahar will take over as executive director – technical effective June 1, 2026, succeeding Satish Srinivasan upon his retirement.

Nestlé India shares ended 3.46% higher at ₹1,332.50 apiece on the national stock exchange. The stock has surged over 20% in the past one year, outperforming the benchmark Nifty 50 index that has risen close to 10% during the same period.