{
  "id": 14642283,
  "title": "Nestlé India Reports Standalone Q2 FY27 Profit Of ₹1,026.77 Crore, Up 36.3% Year-On-Year",
  "url": "https://urgent.news/2026/10/15/nestle-india-reports-standalone-q2-fy27-profit-of-1-026-77-crore-up",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T07:41:49.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/nestl-india-reports-standalone-q2-fy27-profit-of-102677-crore-up-363-year-on-year"
  },
  "original_language": "en",
  "account": "Mumbai, October 15 - Nestlé India reported a significant Q2 FY27 profit of ₹1,026.77 crore, marking a 36.3% increase from ₹753.20 crore in Q2 FY26. Total income rose to ₹6,808.60 crore, up from ₹5,649.15 crore in the same period last year. For the half year ending September 30, 2026, Nestlé India's standalone profit after tax was ₹2,001.89 crore, a 41.7% increase from ₹1,412.43 crore in the same period of the previous year. Total income for the half year grew to ₹13,209.25 crore from ₹10,749.47 crore. Sales growth was strong, with domestic sales increasing by 20.4% and total sales up by 20.5% compared to Q2 FY26. The cost of materials consumed as a percentage of sales decreased from 45.5% to 43.1% in Q2 FY27. Nestlé India's Chairman and Managing Director, Manish Tiwary, emphasized the company's continued strong and broad-based growth across all product groups, noting that investments in brands were significantly increased with advertising and marketing spend up by 46%. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin remained healthy at 23.8% for the quarter, and standalone earnings per share (EPS) for Q2 FY27 were ₹5.32, up from ₹3.90 in the same period last year. For the six months ended September 30, 2026, EPS was ₹10.38, compared to ₹7.32 in the previous year. The company also announced an investment of 7,612,500 equity shares of ₹10 each, or 26% equity stake, in Radiance KA Sunshine Seven Private Limited to establish a captive renewable energy power plant for one of its manufacturing facilities. The Board of Directors' meeting was held on October 15, 2026, starting at 10:30 hours and concluding at 12:05 hours.",
  "summary": "Mumbai: Nestlé India on Friday reported a standalone profit after tax of ₹1,026.77 crore for the second quarter (Q2) of financial year 2026-27, a rise of 36.3% from the ₹753.20 crore recorded in Q2 FY26. Total income for the quarter also increased to ₹6,808.60 crore, up from ₹5,649.15 crore in the prior year. Financial Performance For the six months ended 30 September 2026, the standalone profit…",
  "key_points": [
    "Nestlé India reported ₹1,026.77 crore profit in Q2 FY27, up 36.3% YoY.",
    "Total income increased to ₹6,808.60 crore, a 20.5% rise.",
    "Sales growth strong with domestic sales up 20.4%."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}