Nestlé India profit inches up on Maggi, Nescafé demand; stock hits one-year high

Nestlé India posted a marginal year-on-year rise in quarterly profit, supported by sustained urban demand for Maggi noodles, Nescafé coffee and chocolates. Revenue growth accelerated versus last year, aided by channel expansion via quick-commerce platforms and premiumization. Shares jumped around 5%, touching a one-year high and lifting the consumer goods index. Management signaled continued brand and capacity investments. Key watchpoints remain input-cost trends, competition in instant foods, and elasticity at elevated price points into the festive quarter.