Nestle India reported a 13.4% YoY drop in Q1 FY26 net profit to Rs 647 crore, citing high input and operational costs. Revenue rose 5.9% to Rs 5,096 crore. Despite profit pressure, the company saw growth in e-commerce, out-of-home business, and urban demand.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets