Moneycontrol BureauIn a latest development, Nestle India says that Maggi Noodles are sold out on Snapdeal. The popular noodle brand was being sold at Rs 144 for 12 packs (70 gms). Nestle India has partnered with Snapdeal for online sales.
Maggi Noodles is back in the market today. Nestle India has started rolling out Masala version of the popular noodles brand. The company has said Maggi Noodles will not be avialable in 8 states that have banned its sale.
"Most states do not have a ban on sale of Maggi Noodles. For states where specific directions are required we are engaging with them," a company statement said.
The company is presently manufacturing Maggi noodles at three locations namely Nanjangud (karnataka), Moga (Punjab) and Bicholim (Goa). It also says that the company is in the process to obtain directions for commencing manufacture in Himachal Pradesh and Uttarakhand. Nestle India had said that all samples of Maggi Noodles Masala have been cleared by three National Accreitation Board for Testing and Calibration Laboratories) accredited labs mandated by High Court to test newly manufactured samples. "Nestle India has conducted 3500 tests representing over 200 million packs in both national and international accredited laboratories for testing and all reports are clear. Various countries including USA, UK, Singapore and Australia have found Maggi Noodles exported from India safe for consumption," the FMCG major clarifies. Nestle India's September quarter was severely hit by absence of its popular brand Maggi noodles. Its Q3 net profit slumped 60 percent to Rs 124.2 crore from Rs 311.3 crore in corresponding quarter last fiscal. During the period, net sales fell 32.1 percent to Rs 1736.2 crore (year-on-year) largely due to impact of Maggi noodles. In addition to loss of sales from the business disruption net sales worth Rs 15.32 crore have been reversed during the quarter in relation to Maggi Noodles stock being withdrawn from trade partners and market, the company said.Posted by Nasrin SultanaFollow @NasrinzStory
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