Suresh Narayanan
FMCG
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 IndiaNew 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 2025New Delhi: FMCG major Nestle India on Monday announced a change of leadership with the appointment of...
Beauty & Wellness
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) segmentsNew 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
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
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
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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Digital Icon : Umesh Sharma
With over 18 years of dynamic leadership and expertise in the ever-evolving field of marketing, Umesh Sharma leads the charge at Baazar Retail Pvt....
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