Nestle India Q3FY26 results: Profit jumps 46% as GST rate cuts boost demand - Business Standard

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…

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