Shares of Nestle India jumped more than 8% to a fresh 52-week high on Tuesday after the FMCG company reported a 27% year-on-year rise in consolidated net profit to Rs 1,111 crore for the January-March quarter of FY26, beating estimates and boosting investor confidence.
Along with the Q4 results, Nestle India announced a final dividend of Rs 5 per equity share for the financial year ending on March 31, 2026. The record date for dividend eligibility is set for July 10, subject to shareholder approval.
Chairman and Managing Director Manish Tiwary noted that Nestlé India achieved its highest-ever domestic sales at INR 6,445 crore, driven by double-digit volume growth and over 50% increase in advertising spends. The EBITDA margin stood at 26.3%.
Shares gained more than 6% to hit a fresh 52-week high of Rs 1,369.80 apiece, making it the top Nifty 50 gainer. The stock has gained around 12% in one week and nearly 15% in one month.
