Nestle Shares Soar 4% on 45% Q3 Profit Jump, Declares Rs 7 Dividend

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News18•30-01-2026, 15:49
Nestle Shares Soar 4% on 45% Q3 Profit Jump, Declares Rs 7 Dividend
- •Nestle India's share price surged 4.04% to a new 52-week high of Rs 1,339.85 on January 30, 2026.
- •The company reported a 45% year-on-year increase in consolidated net profit to Rs 998.4 crore for Q3FY26.
- •Revenue from operations grew to Rs 5,667 crore, driven by robust volume-led growth and operating leverage.
- •Sales volumes saw an 18.5% increase, the highest in nearly five years, contributing to record quarterly turnover.
- •Growth was broad-based across all product groups and channels, with strong performance in rural markets and increased ad spending.
Why It Matters: Nestle India's strong Q3 performance, marked by a 45% profit rise and record sales, boosted its share price.
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