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Suresh Narayanan

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FMCG sector facing sluggish demand, F&B growth declines to 1.5-2%: Nestle India CMD

PTI -
This decline is due to a combination of factors, including food inflation, the outgoing Nestle CMD said at a media roundtable here. New Delhi: The FMCG sector is facing sluggish demand with the growth in F&B declining to 1.5-2% as...
Food & Beverage

Nestle India Q2 profit marginally down to Rs 899.49 cr, hit by softer demand and high commodity prices

PTI -
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 New Delhi: FMCG major Nestle India Ltd on Thursday reported a marginal decline of...
Latest News

Manish Tiwari to take over driving seat of Nestle India, Suresh Narayanan to retire in 2025

PTI -
Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from 1 August 2025 New Delhi: FMCG major Nestle India on Monday announced a change of leadership with the appointment of...
Latest News

Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories

PTI -
Dr Reddy's will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over the counter) segments New Delhi: Nestle India and Dr Reddy's Laboratories Ltd on Thursday announced that they have entered into a...
Food

Nestle hopes to reach 1.2 lakh villages in next 2-3 years

Indiaretailing Bureau -
With focus on fast-growing rural market, FMCG major Nestle has plans to reach around 1.2 lakh villages with each having population of over 5,000 over the next two-three years, supported by distribution expansion and some portfolio tweaking, its Chairman & Managing Director...
Food

Nestle India witnesses growth in smaller markets amid pandemic

IANS -
Nestle India witnessed a change in consumption trend amid the COVID-19 pandemic as demand growth in small towns and rural areas outperformed those in the Tier-I cities, said the company's Chairman and MD, Suresh Narayanan. "Smaller towns have become the...
Food

Nestle India's Jul-Sep net profit falls 1.4 pc, revenue rises

IANS -
Nestle India on Friday reported 1.37 percent decline in its net profit, on a year-on-year basis, for the July-September quarter, at Rs 587.09 crore. During the corresponding period of the last financial year, it had reported a net profit of...
Food

COVID-19: Nestle says consumer behaviour changing, essentials ‘taking precedence’ over luxury

Indiaretailing Bureau -
The COVID-19 pandemic has brought a major shift in consumption patterns among consumers as necessary purchases are taking precedence over luxury spending, Suresh Narayanan, Chairman, Nestle India said. According to a PTI report: Stating that the coronavirus crisis has witnessed...
Food

Nestle India's Apr-Jun net profit up 11 pc on higher sales

IANS -
Nestle India on Tuesday reported an 11.15 percent rise in its net profit for the quarter ended June on a year-on-year basis on the back of rise in sales and lower taxes. Its profit after tax for the April-June quarter...
Food

Nestle India to focus on core categories to explore growth opportunities: Suresh Narayanan

Indiaretailing Bureau -
Food and nutrition major Nestle India plans to focus on core categories, including milk and nutrition, chocolates and confectionery and coffee and beverages to explore growth and expansion opportunities in these segments, a top company official said. According to a...
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Home Decor & FurnishingIndiaretailing Bureau -

Home furnishings brand OBEETEE launches new outlet in Ahmedabad

Located at Bodakdev, the new outlet is the only OBEETEE store to house its complete furniture range Bengaluru: Handcrafted carpets...
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