Nestlé India Q3 profit jumps 46% to ₹1,018 crore; revenue rises 19%

Nestlé India has reported a remarkable performance in the third quarter of FY26, with net profit soaring by 46% year-on-year to ₹1,018 crore, compared to ₹696 crore in the same period last year. The robust growth was primarily driven by higher consumer spending fueled by recent GST and income tax cuts, which boosted discretionary consumption across urban and rural markets. The company’s revenue also recorded a significant rise of 19% to ₹5,667 crore, reflecting strong demand for packaged food products, including flagship brands like Maggi, KitKat, and Munch.