Nestle India keeps royalty fee to Swiss parent at 4.5%
A majority of shareholders of Nestle India had voted against a proposal for a hike in royalty payments to the Swiss parent in May.
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Nestle stock up 3% as Q1 profit jumps 27% to ₹934 cr
The FMCG major's revenue grew 9% year-on-year at ₹5,268 crore during the quarter under review, as against ₹4,830 crore in the corresponding period of the previous year.
Nestle India shares drop for second straight day
Nestlé India says it has already reduced added sugars by up to 30% over the past 5 years depending on the variant.
Nestle India sets record date for 1:10 stock split; share rises
The board of Nestle has set January 5, 2024, as the record date for the stock split for the first time in the ratio of 1:10.
Nestle shares surge 4% on interim dividend plan, stock split proposal
The share price of Nestle India surged as much as 4.45% to hit an intraday high of ₹23,333.65.
Colgate shares jump 6.7%, Nestle tanks 2.7% after Q1 results
The net profit of Colgate Palmolive Ltd stood at ₹273.68 crore, witnessing a growth of 30.52% as against ₹209.67 crore in the corresponding period of the previous year.
Nestle India Q1 profit up 25% at ₹737 cr; net sales surge 21%
Nestle India declares interim dividend of ₹27 per equity share. It will be paid on and from 8th May 2023, along with the final dividend for 2022 of ₹75.0 per equity share
Return Of The FMCG Giants
How legacy FMCG companies staged a comeback in their battle with new-age brands by investing in data-led strategies, acquisitions and premium product portfolio.
Diwali Bonanza! Sensex surges 525 points, Nifty ends above 17,700
The BSE Sensex closed 524 points higher and the NSE Nifty rose 162 points in the one-hour special Muhurat trading session on Monday.
Nestlé India Q3 profit up 8.3% YoY; declares dividend of ₹120 apiece
Nestle has launched its first-ever d2c platform -- MyNestle, which will offer curated product bundles, personalised gifting, subscriptions, and discounts. It’ll be launched in Delhi-NCR initially.
