FAST MOVING CONSUMER GOODS · NSE/BSE: NESTLEIND

Nestle India Earnings Summary — Q2 FY2027

Sentiment: Positive

AI-generated summary

Generated 2026-10-22

Business Intelligence Report

Nestle India Q2 FY2027 results: Profit up +35.9% YoY; revenue grew +20.3% YoY; OPM 23.6%.

Quarterly Business Intelligence

Q2 FY2027

Financials from Financial Intelligence · data as of 2026-09-30

Revenue

₹6,788 Cr

QoQ +6.4%YoY +20.3%

Net Profit

₹1,010 Cr

QoQ +5.3%YoY +35.9%

Operating Profit

₹1,598 Cr

QoQ +5.0%YoY +30.7%

Operating Margin

23.6%

QoQ -31 bpsYoY +188 bps

AI Quarterly Scorecard™

/ 100

Strong

Revenue Momentum90

Profit Growth82

Margin Expansion65

Growth Consistency72

Operating Efficiency71

Financial Stability76

Computed deterministically from the last 10 reported quarters.

Quarterly Business Momentum

Revenue & Growth

Revenue grew 6.4% sequentially in Q2 FY2027.
Revenue of ₹6,788 Cr is 20.3% higher year-on-year.
Revenue has compounded at 16.5% annualised over the last 10 quarters.
Revenue is at its highest level in 10 quarters.

Profitability

Net profit of ₹1,010 Cr is 35.9% above the same quarter last year.
Profit growth is outpacing revenue growth, pointing to positive operating leverage.
Net profit has compounded at 14.4% annualised across the period.

Margins

Operating margin stands at 23.6% in Q2 FY2027.
Operating margin expanded by 188 bps year-on-year.
Over the last two years operating margin has expanded by 74 bps.
PBT margin is 20.4%.

Operating Efficiency

Expense growth of 17.4% remained below revenue growth of 20.3%.
Operating profit of ₹1,598 Cr is 30.7% higher year-on-year.
Operating leverage continues to improve.

Overall Momentum

6 of the last 6 measured quarters delivered year-on-year revenue growth.
Overall quarterly business momentum scores 76/100 (Strong) on the latest 10 quarters.
Business momentum remains positive heading into the next quarter.

Quarterly Financials

Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %

Metric	Trend	Latest Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Revenue	Improving	6,788	6,378	6,748	5,667	5,644	5,096	5,504	4,780	5,104	4,814
Expenses	Improving	5,190	4,856	4,979	4,486	4,421	4,009	4,128	3,685	3,940	3,700
Operating Profit	Improving	1,598	1,522	1,768	1,181	1,223	1,087	1,376	1,095	1,164	1,114
Operating Margin	Stable	23.6%	23.9%	26.2%	20.9%	21.7%	21.3%	25.0%	22.9%	22.8%	23.1%
Other Income	Volatile	17	16	-18	170	6	4	9	4	190	39
Interest	Accelerating	40	42	37	28	46	47	38	35	32	32
Depreciation	Improving	192	188	205	174	163	157	155	150	122	113
Profit Before Tax	Improving	1,382	1,308	1,509	1,148	1,018	888	1,192	914	1,200	1,009
Tax	Volatile	373	349	398	150	275	241	319	226	301	262
Net Profit	Improving	1,010	959	1,111	998	743	647	873	688	899	747
Net Margin	Stable	14.9%	15.0%	16.5%	17.6%	13.2%	12.7%	15.9%	14.4%	17.6%	15.5%

Source: Financial Intelligence (Structured Quarterly Data)•Latest Quarter: Q2 FY2027•Figures in ₹ Crore • Margins in %•Automatically updated from Financial Intelligence · 2026-09-30