Nestle India Announces Leadership Appointment, Investments And Q3 Results

Nestle India Ltd, one of the country’s leading FMCG companies, announced multiple strategic updates alongside its December quarter results. The company reported consolidated profit of Rs 10.18 billion and declared an interim dividend of Rs 7 per share. Nestle also approved investments in two special purpose vehicles (SPVs) with Adani Green Energy Ltd and Radiance Renewables, aimed at consuming at least 51% of the annual generated power.  

Key highlights from the announcement include  

• Appointment of Edouard Dominique Jean Mac Nab as Executive Director – Finance & Control and CFO.  
• Q3 consolidated profit stood at Rs 10.18 billion.  
• Interim dividend declared at Rs 7 per share.  
• Investments approved in SPVs with Adani Green Energy and Radiance Renewables.  
• Company to consume at least 51% of annual generated renewable power.  
• Milk prices remain firm despite flush season, driven by strong demand.  
• Edible oil prices continue elevated, expected to trade sideways in H1 2026.  
• Upcoming wheat harvest in April 2026 looks promising, supporting food supply outlook.  

Industry experts note that Nestle India’s focus on leadership strengthening, renewable energy investments, and stable profitability reinforces its long-term growth strategy in India’s dynamic FMCG market.  

Sources: Reuters, Economic Times, Business Standard