Archive · 24 Jul 2025

Nestle India's Q1 Profits Drop Despite Revenue Growth

Nestle India's Q1 Profits Drop Despite Revenue Growth

Nestle India, the food company, made less money this past quarter.

Their profits went down because things cost more to make and sell.

Even though they sold more overall, the increased costs impacted their earnings.

Some of their popular products like Maggi noodles and Kitkat did very well, especially in smaller cities and towns.

They are also selling more online.

They are hopeful that prices for some ingredients will go down soon.

The company also appointed a new chairman.

Sources