Latest news with #Kitkat
Time of India
6 days ago
- Entertainment
- Time of India
Ayushmann Khurrana breaks the loop with Kitkat and Spotify
Kitkat and Spotify have come together to help consumers 'Break the Loop' and break free from their monotonous playlists. Featuring Bollywood actor Ayushmann Khurrana , Kitkat's new campaign is inviting people to break out of their usual Spotify playlists and discover fresh tracks, genres and moods, turning everyday music breaks into moments of discovery. The film, conceptualised by Leo Burnett , brings alive Kitkat's core message of meaningful, refreshing breaks in a modern, digital context. With specially designed KitKat packs, every break becomes a playful moment of discovery. Just scan the pack to unlock personalised Spotify tracks based on your listening behavior, serving you fresh music you've never heard before. Gopichandar Jagatheesan, head, confectionery business, Nestlé India , said, 'With 'Break the Loop,' we're extending that idea to the digital world, teaming up with Spotify to give consumers a light-hearted, relatable reason to pause their day and refresh not just their mood, but their songs too.' Sanketh Garimella, director of sales - CPG and auto, Spotify India said, "Kitkat's new campaign is a great example of how those who listen to their favorite songs over and over again, every day, can easily find new music they'll love on Spotify, with playlists curated just for them." The campaign kicks off with a digital-first film across YouTube and Meta platforms, supported by a multi-touchpoint rollout including outdoor media, Spotify in-app audio advertising and engaging social content. Watch the video here:
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Business Standard
7 days ago
- Business
- Business Standard
Nestle Q1 results: Shares slip 4%; check key earnings details here
Nestle Q1 results: Kitkat and Maggie maker Nestle India shares slipped 4.4 per cent in trade, logging an intra-day low at ₹2,344 per share on BSE. The southward movement in the stock came after the company reported a fall in its Q1FY26 net profit. At 11:47 AM, Nestle share price was trading 4.42 per cent lower at ₹2,344.35 per share on BSE. In comparison, BSE Sensex was down 0.51 per cent at 82,303.13. How did Nestle India fare in Q1? Nestle India reported its Q1FY26 results on Thursday, July 24, 2025, during market hours. In the June quarter (Q1FY26), the fast-moving consumer goods (FMCG) company registered a 13 per cent fall in the consolidated net profit year-on-year (Y-o-Y) to ₹646.6 crore as compared to ₹746.6 crore. Its total expenses also grew 9.2 per cent to ₹4,200 crore, as compared to ₹3,844 crore a year ago. However, its revenue from operations grew 5.8 per cent to ₹5,096 crore, from ₹4,814 crore a year ago. Reportedly, Nestle's financial performance was impacted due to elevated consumption prices across commodity profiles. Further, borrowing from commercial banks to fund temporary operational cash-flow requirements resulted in higher finance costs during the quarter. The management also noted that there has been a significant rise in demand over the recent quarters, which has led to a growth in urban markets. With the onset of monsoons, management anticipates milk prices to decline. Additionally, according to management, prepared dishes, cooking aids, powdered, liquid beverages and confectionery have bounced back to volume-led growth. Confectionery category saw high double-digit growth. E-commerce has maintained its growth momentum, contributing to 12.5 per cet of domestic sales, driven by Quick Commerce and new launches. While, edible oil and cocoa prices have stabilised, a decline is seen in coffee prices. Nestle appoints new chairman and MD The board, along with the financial results, approved the appointment of Manish Tiwary as the chairman of the board, effective August 1, 2025. Tiwary will assume his office as chairman and managing director of the company instead of Suresh Narayanan, who has retired on July 31, 2025. "This is to inform you that the Board of Directors of the Company, at its meeting held today, inter alia, considered and approved appointment of Manish Tiwary as the Chairman of the Board, effective August 1, 2025. Accordingly, Tiwary will assume his office as Chairman and Managing Director of the Company, effective August 1, 2025. Suresh Narayanan, will relinquish his office as Chairman and Managing Director of the Company upon his retirement on 31st July 2025," the filing read. About Nestle India Nestle India is an FMCG company which has a diverse portfolio of products. Maggi, Nescafe, KitKat, Cerelac, Milkybar, Milo, Nestea, and Polo are some iconic brands under Nestle's umbrella.
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Business Standard
22-07-2025
- Business
- Business Standard
Nestle Q1 preview: What to expect from Kitkat maker in June quarter?
Nestle Q1 results preview: Kitkat and Maggi maker Nestle is scheduled to release its first quarter (Q1FY26) results on Thursday, July 24, 2025. Brokerages reckon Nestle's performance is likely to remain muted amid the inflationary setting across its segments. Further, a surge in the depreciation, given the commissioning of new capital expenditure and lower other non-operating income, is likely to have a bearing on earnings growth. Nestle Q1 results 2025: Profit estimates Brokerages tracked by Business Standard estimate Nestle's net profit to decline 5.6 per cent year-on-year (Y-o-Y) on average, to ₹731.85 crore as compared to ₹775.9 crore. Sequentially, the net profit is expected to fall 17.34 per cent from ₹885.4 crore in Q4FY25. Nestle Q1 results 2025: Revenue expectations Here's how brokerages expect Nestle to fare in Q1FY25: Kotak Institutional Equities: Analysts at the brokerage forecast 6.6 per cent Y-o-Y growth in net revenues, led by 6.5 per cent/7 per cent growth in domestic/exports as against 4.2 per cent/(-)8.7 per cent in Q4FY25. Consolidated revenue is pegged at ₹5,130.4 crore as compared to ₹4,814 crore a year ago. Volume (tonnage) is expected to grow at 3 per cent, a slight improvement against 2 per cent in Q4. The gross margin is likely to contract 65 basis points (bps) Y-o-Y to 57 per cent as against 65 bps decline in Q4, impacted by high inflation in coffee, cocoa, milk, wheat and palm oil prices. Earnings before interest, tax, depreciation and amortisation (Ebitda) is anticipated to grow at 8.1 per cent to ₹1,191.3 crore Y-o-Y as compared to ₹1,102.3 crore and Ebidta margin is pegged at 23.2 per cent, up 30 bps Y-o-Y from 22.9 per cent. Emkay Global Financial Services: The brokerage sees a 5 per cent topline growth in Q1FY26 to ₹ 5047.5 crore Y-o-Y with 1 per cent volume growth. To negate the inflationary stress, the company has selectively effected price hikes, although Emkay sees price growth to be lower amid increased promotion intensity. Gross margin is expected to contract 110 bps Y-o-Y to 56.5 per cent. Ebitda margin is likely to see a 70 bps contraction Y-o-Y to 22.2 per cent from 22.9 per cent. Ebitda is likely to grow 2 per cent to ₹1,121.8 crore as compared to ₹1,102.3 crore. Motilal Oswal Financial Services: Motilal analysts expect Nestle's overall sales to grow 5.7 per cent Y-o-Y, led by 5.5 per cent growth in domestic sales and 10 per cent growth in export sales. However, while demand recovery is underway, a higher dependency on urban markets may weigh on the company's volumes. The company has most likely implemented a price hike in response to rising commodity prices. Motilal forecasts gross profit margin to contract 60 bps Y-o-Y to 57 per cent, impacted by a rise in raw material prices like coffee and edible oil, while a stable Ebitda margin of 23.3 per cent in Q1FY26 is expected. Nuvama Institutional Equities: The brokerage reckons consolidated revenue to grow 4.7 per cent Y-o-Y in Q1FY26 to ₹503.87 crore. Domestic sales are likely to grow 4–5 per cent Y-o-Y, while domestic volumes shall grow 2–3 per cent Y-o-Y. Exports revenue is likely to decrease by 2–3 per cent Y-o-Y. Nuvama expects price hikes of 3 per cent in Q1FY26, mainly led by coffee and premium chocolates. The company's Ebitda is likely to grow 6.5 per cent Y-o-Y to ₹1,174 crore as compared to ₹1,102.3 crore. Given the benefit of the recent palm oil duty, Nestle's gross/Ebitda margin is expected to improve 115 bps/40 bps Y-o-Y to 56.5 per cent/23.3 per cent. As the urban slowdown tapers down likely by Q2FY26, demand trends are anticipated to further improve hereon.
Daily Mail
17-06-2025
- Business
- Daily Mail
Customers react to KitKat's shrinkflation
Kitkat fans have snapped after shrinkflation hit the teatime chocolate favourite, with multipacks getting smaller and more expensive. Some packs have shrunk by three whole bars while the price has gone up 40p or more. Packs of 21, which were previously available for £3.60 in Tesco , now contain just 18 bars but now cost £4. Nine packs, which were £1.95 or £1.30 with a Tesco Clubcard in April, are down to eight and cost £2.20. The change has been spotted by shoppers who have railed at the latest example of shrinkflation, where products shrink in size but the price remains the same or goes up. It comes after multipacks of Cadbury Twirl chocolate bars recently shrunk from 10 to 9, Dairy Milk Little Bars went from four to six and packs of Freddos are now four from five. The British Retail Consortium said global cocoa prices are around three times higher at the moment than in 2022, after being badly affected by poor harvests in parts of Africa. Nestlé said: 'Like every manufacturer, we have seen significant increases in the cost of cocoa, making it much more expensive to manufacture our products. 'As always, we continue to be more efficient and absorb increasing costs where possible. 'To maintain the same high quality, delicious products that consumers know and love, it has sometimes been necessary to make adjustments to the price, weight or size of some of our products. 'Retail pricing is always at the discretion of individual retailers.' The manufacturer confirmed the recommended retail price (RRP) of the packs had changed from £5.09 for the old 21-packs to £5.50 for 18-packs, while the old nine packs had gone from £2.25 to £2.50 for eight.
Time of India
10-06-2025
- Entertainment
- Time of India
Kitkat gives GenZ a break from decision-making
HighlightsNestle Kitkat has launched the campaign 'Kitkat Snap to Decide' featuring actor Jackie Shroff, aimed at providing a fun break from everyday decision-making. According to Gopichandar Jagatheesan, head of the confectionery business at Nestle India, the campaign transforms trivial dilemmas into light-hearted moments for consumers, particularly targeting Generation Z. The campaign encourages individuals to take a playful approach to decision-making, promoting the idea that sometimes the best way to decide is simply to snap and go with the flow. Nestle Kitkat has launched its latest campaign, ' Kitkat Snap to Decide ' with actor Jackie Shroff . Gopichandar Jagatheesan, head, confectionery business , Nestle India , said, 'With 'Snap to Decide', we've taken a familiar brand ritual and turned it into a fun, relatable tool that gives them a much-needed break from decision-making .' While life continues to be all about choices, from trivial to significant —especially for the Gen Z—this campaign transforms everyday dilemmas into light-hearted, 'no-pressure' moments. From choosing playlists to picking meals – even the smallest of choices can feel exhausting in today's always-on world. With Snap to Decide, Kitkat offers a playful way to take a break from overthinking —just snap and go with the flow, the brand stated in a press note. The rollout continues with a range of digital creators who are bringing the idea to life: sometimes, the best way to decide is with the snap of a Kitkat. Watch the video here: View this post on Instagram A post shared by KITKATINDIA (@kitkatindia)
