Nestle India share price falls nearly 4% as FMCG major reports drop in September quarter profit

Nestle India's revenue from operations, which includes other operating revenue, was at Rs 5,104 crore, up 1.33 per cent.

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26 Aug, 2025 12:21

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Nestle India share price dropped 3.94 percent in October 17 trade to its intraday low of Rs 2,365 per share on the NSE after the the FMCG major reported marginal fall in the September quarter profit.

The company reported a decline of 0.94 percent in its net profit at Rs 899.49 crore for the quarter that ended September 2024, in which it faced high commodity prices and some of its key brands faced softer consumer demand.

The company had posted a net profit of Rs 908.08 crore in the July-September period a year ago, according to a regulatory filing from Nestle India.

Nestle India stock has been losing for the last 7 days and has fallen 7.96 percent in the period. At the time publishing, the stock was trading at Rs 2,386.15 apiece on the NSE, down 3.09 percent.

Over 18 lakh shares changed hands today of Nestle India which is a constituent of Nifty 50 index generating a total turnover of Rs 435.59 crore. The large cap company has a market cap of Rs 2,29,768.29 crore, as per NSE website.

It's shares have delivered negative returns of 13 percent in 2024 so far. The benchmark Sensex outperformed the scrip advancing over 12 percent in the same period.

Nestle India, the maker of popular brands like Maggi, Nescafe, and Kit Kat, reported flat total income at Rs 5,110.86 crore, impacted by a decline in revenue from other income sources.

Meanwhile, its parent company, Nestle SA, has lowered its sales and profit forecast for the year, facing challenges in regaining market share as higher prices have led consumers to shy away from branded products.

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