Nestle India Q3 FY26: Sales surge 18.5% to record ₹5,643.5 crore; interim dividend declared
Nestlé India reported a record Q3 FY26 turnover of ₹5,643.5 crore, with sales up 18.5% driven by volume. An interim dividend of ₹7 per share was declared, payable Feb 26, 2026. Key appointments include Edouard Mac Nab as CFO from March 1, 2026. The company also plans investments in renewable energy SPVs.
The announcement includes strong financial results, a dividend declaration, significant management changes, and strategic investments in renewable energy, all of which have a material impact on the company's outlook.
The company reported strong double-digit sales growth, record turnover, and positive management commentary about growth drivers and future strategies.
Nestlé India Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a robust, broad-based volume-led sales growth of 18.5%, achieving its highest-ever quarterly turnover of ₹5,643.5 crore.
The Board of Directors declared an interim dividend of ₹7 per equity share for the financial year 2025-26. This dividend will be paid on or after February 26, 2026, to eligible shareholders as of the record date, February 6, 2026.
Key management changes were approved, including the appointment of Mr. Edouard Mac Nab as Additional Director and Whole-time Director (Executive Director – Finance & Control and Chief Financial Officer) for five years from March 1, 2026, succeeding Ms. Svetlana Boldina. Mr. Jagdeep Singh Marahar was approved as Whole-time Director (Executive Director – Technical) for five years from June 1, 2026, replacing Mr. Satish Srinivasan, and will also serve as Head of Technical from May 1, 2026. Mr. Mandeep Singh Chhatwal was appointed as Non-Executive Director from January 1, 2026.
In strategic initiatives, the company approved, in principle, investments in two special purpose vehicles (SPVs) with Adani Green Energy Limited and Radiance Renewables Private Limited for captive renewable energy power plants. Nestlé India will invest up to 26% in the capital of these SPVs and consume at least 51% of the annual generated power.
The company's performance was driven by strategic investments in capacity and brand building, supported by market recovery and increased consumer-focused media and advertising spending by 42% year-on-year. The EBITDA margin stood at 21.3%. All four product groups delivered positive volume-led growth, with Confectionery being the fastest-growing segment. The Powdered and Liquid Beverages group saw its 18th consecutive quarter of double-digit sell-out growth. Prepared Dishes and Cooking Aids registered strong double-digit value growth, while Milk Products and Nutrition showed mid-single-digit growth. The Pet Food business and Nestlé Professional (Out-of-Home business) also reported strong double-digit growth.
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Nestle India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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