Nestle India Q3FY26 results: Profit jumps 46% as GST rate cuts boost demand - Business Standard
Nestle India posted a 46 per cent increase in quarterly profit on Friday, aided by higher demand for packaged food items, including Maggi noodles and KitKat chocolates, after consumption tax cuts lifted spending. The Indian unit of Swiss food major Nestle said net profit rose to ₹1,018 crore ($110.77 million) for the third quarter ended December 31, from ₹696 crore a year earlier. Shares rose as…