Packaged Foods company Nestle India announced Q3FY25 results Total Sales of Rs 4762.1 crore. Total Sales Growth at 3.9%. Domestic Sales Growth at 3.3%. Profit from Operations at 20.3% of Sales. Net Profit of Rs 696.1 crore. Earnings Per Share of Rs 7.22. Suresh Narayanan, Chairman and Managing Director of Nestle India said: “This quarter 3 out of 4 product groups delivered healthy growth led by a combination of pricing and volume. Key brands continue to perform and this augurs well in a challenging environment. Our powdered and liquid beverages business was the largest growth contributor this quarter, with high double-digit growth. Beverages retail achieved a significant milestone by surpassing Rs 2,000 crore business in the last twelve months, spearheaded by NESCAFE CLASSIC, NESCAFE SUNRISE, and NESCAFE GOLD. With this stellar performance, NESCAFE strengthened its leadership position by gaining market share and bringing 3.7 million households into the coffee category. I would like to thank our 5,000 coffee farmers in Karnataka, Kerala, and Tamil Nadu for their dedication and hard work in growing high-quality coffee beans that goes into making the perfect cup of coffee. I would like to express my gratitude to my colleagues at Nanjangud Factory, as well as those in the commercial organization and our partners, for their diligence and commitment to manufacturing and marketing NESCAFE and making it available to our valued consumers. The distribution reach of Nestle India has also been enhanced in the last twelve months amongst Food & Beverage companies, wherein we have had one of the most impressive expansion of outlets by almost 5% according to Nielsen report. The RUrban strategy continues to enhance our footprint. This is an essential element of the ‘penetration led growth’ strategy and has resulted in maximum contribution to the expansion of our distribution reach. Our manufacturing capacity will witness a significant jump with the commissioning of the third Confectionery unit in Sanand factory to manufacture KITKAT towards fulfilling our ambition of Rs 5,800 crore capital expenditure between 2020-2025. Earlier in 2024, we had announced that our super premium coffee portfolio NESPRESSO with its coffee capsules, machines, accessories and recipes will soon be available in India. I am pleased to inform you NESPRESSO website https://www.nespresso.com/in/en/ went live and has received encouraging response from consumers, coffee aficionados and coffee connoisseurs in India. The first NESPRESSO boutique will open soon in Delhi, unlocking new coffee experiences for consumers. Further expansions are planned across other major cities. I am happy to inform you that confectionery recorded high single-digit growth with KITKAT delivering double-digit growth and building on new product launches. Prepared Dishes and Cooking Aids posted high single-digit growth led by MAGGI noodles, which returned to credible volume growth and Masala-ae-Magic which has had a strong, consistent performance on growth. In the nutrition business, products for toddlers’ milk and specific nutritional needs continued to deliver strong performance. The Petcare business witnessed highest growth this quarter since its integration into the Nestle India business in 2022. Particularly noteworthy is the performance with ‘Felix’, a premium cat food brand. I am pleased to inform you that the Nestle Health Science joint venture with Dr. Reddy’s Laboratories Ltd has integrated well and has seen good synergies in its business operations. It is reassuring and of significance that there is a unique convergence of relevance and resonance with consumer needs. We have seen strong growth in the overall portfolio of brands, and this augurs well for accelerating our focus on health and wellness as part of this joint venture. Our Out-of-Home business reported strong double-digit growth with significant acceleration in the food & beverage solutions portfolio. E-commerce continued its path of acceleration posting high double-digit growth and contributing 9.1% to domestic sales. New products launched since 2015 now contribute to approximately 7% of sales. It was a quarter that was marked with food inflation, moderation in urban consumption, with gradual recovery in rural consumption. I would like to extend my heartfelt appreciation to my colleagues, distributors, retailers and partners for their tenacity and resilience, despite the prevailing external pressures. Environmental sustainability remains fundamental to our business. It gives me immense pride to inform you that we have made strong strides in addressing climate concerns across our value chain and regularly assess the progress of environmental goals. To reduce methane emissions and provide renewable energy 5800 small and 200 large biodigesters have been installed in dairy farms in 24 districts across Punjab and Haryana. This has also improved manure management and encouraged sustainable agricultural practices. I firmly believe in business as a force for good. As part of our commitment, we launched Project Vriddhi five years ago, in Nuh district. Today, we celebrate the transformation of 14 villages through improved agricultural practices by engaging 1000 farmers, restoring eight ponds with 25 million litres of storage potential, imparting digital literacy and enhancing skills for women and children. This initiative has positively impacted the lives of 18,000 individuals and has witnessed a multiplier effect on several development indicators.” Result PDF