Net profit of Nestle India rose 8.62% to Rs 986.36 crore in the quarter ended September 2024 as against Rs 908.08 crore during the previous quarter ended September 2023. Sales rose 1.30% to Rs 5074.76 crore in the quarter ended September 2024 as against Rs 5009.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales5074.765009.52 1 OPM %23.0124.45 - PBDT1142.371226.76 -7 PBT1020.771115.60 -9 NP986.36908.08 9 Powered by Capital Market - Live News

The Board of Nestle India at its meeting held on 17 October 2024 has approved the appointment of Manish Tiwary as �Non-retiring Director� and �Managing Director� (Key Managerial Personnel) of the Company w.e.f. 1 August 2025 for a term of five consecutive years, subject to approval of the shareholders. To ensure a smooth transition due to Suresh Narayanan`s retirement as Chairman and Managing Director of the Company on 31 July 2025, the Board of Directors has decided that Manish Tiwary will commence his role at Nestl� India as Managing Director (Designate) starting 1 February 2025, taking on full responsibilities as Managing Director w.e.f. 1 August 2025.Powered by Capital Market - Live News

Nestle India announced that Suresh Narayanan, Chairman and Managing Director will retire at the close of business hours on 31 July 2025.The Company has received nomination from Nestl� S.A. for the appointment of Manish Tiwary as the Managing Director of Nestle India with effect from 1 August 2025. The proposal is subject to necessary approvals. Powered by Capital Market - Live News

Nestle India will hold a meeting of the Board of Directors of the Company on 17 October 2024.Powered by Capital Market - Live News

Net profit of Nestle India rose 6.91% to Rs 746.60 crore in the quarter ended June 2024 as against Rs 698.34 crore during the previous quarter ended June 2023. Sales rose 3.76% to Rs 4792.97 crore in the quarter ended June 2024 as against Rs 4619.50 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales4792.974619.50 4 OPM %23.2522.85 - PBDT1121.771046.69 7 PBT1009.06939.33 7 NP746.60698.34 7 Powered by Capital Market - Live News