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 growth of 18.5%. The company declared an interim dividend of ₹7 per share, payable February 26, 2026. Key management changes include the appointment of Edouard Mac Nab as CFO and Jagdeep Singh Marahar as Executive Director – Technical, effective March 1, 2026, and June 1, 2026, respectively. The company also approved in-principle investments in renewable energy SPVs.
The announcement includes strong financial results with record turnover, significant sales growth, and key management appointments that will shape the company's future financial and technical operations. The planned investments in renewable energy also indicate strategic direction.
The company reported strong double-digit sales growth, record turnover, and positive commentary from the Chairman and Managing Director regarding performance and future outlook. The declaration of an interim dividend also contributes to a positive sentiment.
Nestlé India Limited announced its 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%, reaching a record quarterly turnover of ₹5,643.5 crore. This performance is attributed to strategic investments in capacity expansion and brand building, supported by market recovery post-GST benefits. The EBITDA margin stood at 21.3% for the quarter.
The Board of Directors approved the unaudited financial results (standalone and consolidated) for the period. An interim dividend of ₹7 per equity share for the financial year 2025-26 was declared, payable from February 26, 2026, to eligible shareholders on the record date of February 6, 2026.
Key management changes were also approved. Mr. Edouard Dominique Jean Mac Nab was appointed as an Additional Director and Whole-time Director, designated as "Executive Director – Finance & Control and Chief Financial Officer," effective March 1, 2026, succeeding Ms. Svetlana Boldina. Mr. Jagdeep Singh Marahar was appointed as a Whole-time Director, designated as "Executive Director – Technical," effective June 1, 2026, replacing Mr. Satish Srinivasan. Mr. Marahar will also serve as Head of Technical from May 1, 2026. Additionally, Mr. Mandeep Singh Chhatwal was appointed as a Non-Executive Director effective January 1, 2026.
The company also 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 Board meeting commenced at 12:00 hours and concluded at 13:20 hours on January 30, 2026.
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