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Nestle India slumps as Q1 PAT slides 12% YoY to Rs 659 crore
Nestle India slumps as Q1 PAT slides 12% YoY to Rs 659 crore

Business Standard

time7 days ago

  • Business
  • Business Standard

Nestle India slumps as Q1 PAT slides 12% YoY to Rs 659 crore

Nestle India dropped 4.83% to Rs 2,334.25 after the company's standalone net profit declined 11.70% to Rs 659.23 crore in Q1 FY26, compared with Rs 746.60 crore posted in Q1 FY25. However, revenue from operations jumped 5.86% to Rs 5,096.2 crore in Q1 FY26, compared to Rs 5,096.2 crore in Q1 FY25. Total sales stood at Rs 5,074 crore in the June 2025 quarter, up 5.86% from Rs 4,793 crore recorded in the same period a year ago. During Q1 FY26, domestic sales grew by 5.45% YoY to Rs 4,860 crore, while export sales jumped 15.98% YoY to Rs 213.95 crore. Profit before tax tumbled 10.76% year on year (YoY) to Rs 900.47 crore in the quarter ended 30 June 2025. The companys e-commerce growth was driven by targeted on-platform interventions, strategically aligned with portfolio relevance and the evolving preferences of shoppers. The firm stated that organized trade saw widespread growth across categories, driven by store expansions and bolstered by effective in-store activations, which enhanced consumer accessibility and strengthened connections with shoppers. The companys out of home segment continued to deliver strong growth, establishing itself as a total solution provider for every operator's needs. The companys export segment registered high double-digit growth, driven by food categories such as coffee, instant tea, and breakfast cereals, despite commodity headwinds. Additionally, the company launched Masala-Ae-Magic in the United Kingdom. Nestl domestic performance in Q1 FY26 saw strong results across various product groups, particularly in prepared dishes and cooking aids. The MAGGI portfolio showed robust growth, with consumption trends showing a positive uptick. Both Quick Commerce and RUrban contributed significantly to the overall performance. Notably, products like Double Masala Classic Noodles and the Spicy range (including Spicy Garlic, Spicy Cheesy, Spicy Pepper, and Spicy Manchurian) generated considerable momentum. In the Milk Products and Nutrition category, MILKMAID posted single-digit growth. The growing up milk segment continued to gain market share, supported by product renovations. Confectionery growth was fueled by rural acceleration, premiumization, and increased in-home penetration, further supported by Quick Commerce. New product launches, including KITKAT Duo, KITKAT Lemon n Lime, and KITKAT Dark Sharebag, also contributed positively. The Powdered and Liquid Beverages segment experienced strong performance, particularly with NESCAFClassic, NESCAFSunrise, and NESCAFGOLD, which achieved double-digit growth, driven by successful cold coffee activations during the summer. NESCAF?'s premium portfolio further boosted the development of the coffee market in India, contributing positively to both top-line and bottom-line growth. Regarding commodity prices, NestlIndias outlook indicates that coffee prices are expected to remain stable in the lower range, with the upcoming Vietnam crop projected to be normal. Cocoa and edible oil prices have stabilized and are expected to stay range-bound. Milk prices are anticipated to decrease with the arrival of a favorable monsoon and the flush season. Suresh Narayanan, chairman and managing director (MD), NestlIndia said, I am pleased to inform you that we have delivered a balanced growth in three out of our four product group categories. Prepared Dishes and Cooking Aids, Powdered and Liquid Beverages and Confectionery have bounced back to volume-led growth. Seven out of twelve top brands grew at double-digit. I would like to extend my gratitude to the resilience and resolve of our employees, the commitment of our sales force, the relentless efforts of our distributors and retailers and the trust of our consumers and shareholders. The quarter was impacted by elevated consumption prices across the commodity portfolio. Over the past ten financial years, NestlIndia has achieved remarkable progress, with our revenue growing at a CAGR of 10.3%. During this period, profits from operations as a percentage to sales increased by 500 basis points, profit after tax soared by 490%, and sales rose by 150%. Our market capitalization grew 3.9 times, and we achieved a total shareholder return (TSR) CAGR of 17%. These accomplishments would not have been possible without your faith and commitment. As Narayanan prepares to step down from his role, he expressed his heartfelt thanks to partners, distributors, retailers, and suppliers for their collaboration and support. He also wished success to Manish Tiwary, who will take over as chairman and managing director of NestlIndia, effective 1st August 2025. Furthermore, Suresh Narayanan will retire from his position as chairman and managing director on 31st July 2025. Nestlis the world's largest food and beverage company. It manufactures internationally famous brand names such as Nescaf Maggi, Milkybar, Kit Kat, Bar-One, Milkmaid, and Nestea.

I'm a bedding expert — 3 cooling body pillows I'd buy in the 4th of July sales to beat the heat
I'm a bedding expert — 3 cooling body pillows I'd buy in the 4th of July sales to beat the heat

Tom's Guide

time03-07-2025

  • Lifestyle
  • Tom's Guide

I'm a bedding expert — 3 cooling body pillows I'd buy in the 4th of July sales to beat the heat

One of my favorite ways to sleep is to curl up on my side under a cozy duvet cocoon. Comfortable? Yes. However, when the temperature soars up to 28°C (82.4 F) in the summer, it's also stiflingly hot. As a bedding product tester, I recently tried swapping my duvet for a cooling body pillow and it kept me cool and comfortable all night long. And in even better news, you can buy your own cooling body pillow for less in the 4th of July sleep sales. One of my favorites is the Coop Cool+ Body Pillow, down to $135.20 at Coop Sleep Goods from $169. Like the best cooling pillow, the full-body counterpart incorporates specialist tech like cooling gel-infused shredded foam, moisture-wicking breathable cover and more, which prevents overheating and nightsweats. Body pillows are rarer in the market than your regular bed pillows and therefore trickier to discern the good ones from the bad. This is why I have rounded up three of the deals I recommend to make your search easier. Let's go... (Psst, still shopping for other sleep deals? We're also tracking the best 4th of July mattress and bedding deals live as they drop.) 1. Coop Cool+ Body Pillow: was from $169 now from $135.20 at Coop Sleep GoodsCoop is a brand featured not once but twice in our guide to the best pillow of the year, under the adjustable and cooling categories. Purely because they have nailed both and have crafted products suitable for all sleeping styles and body types. The recently launched Cool+ Cooling Body Pillow is no exception with its cooling gel-infused memory foam and microfiber adjustable fill. It also comes in a cool-to-touch with moisture-wicking liners on the side. With this you can say goodbye to awkward sleep postures, overheating and nightsweats. Grab this now at 20% off for 4th of July (which drops the MSRP $169 to $135.20) along with sleep benefits like: 100-night sleep trial, 5-year warranty and free shipping. User score: ★★★★½ (based on 6 reviews) 2. Cozy Earth Bamboo Down Alternative Body Pillow: was from $313 now from $219 at Cozy EarthWhile this does not include actively cooling elements, this body pillow from Cozy Earth recreates the plush softness and temperature regulation of natural down. The secret here is the hypoallergenic bamboo and recycled polyester fill, which also wicks away any moisture, ensuring a cool and dry sleep all night. So if you prefer something for year-round use without dedicated cooling options, the Cozy Earth Bamboo Down Alternative Body Pillow is an ideal pick. You can now save up to 30% off for 4th of July, which lowers the price significantly $219 from $313. User score: ★★★★★(based on over 80 reviews) 3. Nestl Cooling Body Pillow: was from $54.99 now from $39.99 at AmazonFinally, the most affordable pick out of the three. Nestl, however, is by no means a new brand on the block, launching their own their version of the viral 'husband pillow'. Similar to the Coop Cool+, this cooling body pillow from Nestl consists of gel-infused shredded memory foam (CertiPUR-US certified) adjustable fill. It also stands out with a dual-textured cover— a cool-to-touch feel on one side and soft rayon on the other. You can now find it at 27% off which drops the price to $39.99 from $54.99 on Amazon. User score: ★★★★½ (based on over 7K reviews)

Refresh your outdoor oasis for less: Top 10 Wayfair deals happening now
Refresh your outdoor oasis for less: Top 10 Wayfair deals happening now

USA Today

time15-06-2025

  • Lifestyle
  • USA Today

Refresh your outdoor oasis for less: Top 10 Wayfair deals happening now

AI-assisted summary Wayfair is currently offering deals on various home and outdoor items. The article highlights the top 10 Wayfair deals available, including outdoor furniture, grills, and more. Wayfair has a paid rewards program called Wayfair Rewards for additional savings. The next time you're ready to update your home with new furniture, decor, bedding, rugs or even outdoor furnishings, remember that Wayfair is the ultimate destination to find the best deals. You can always count on their significant savings, especially during seasonal transitions when deeper markdowns are available. With summer approaching, Wayfair is now featuring some seriously hot deals on items such as outdoor rugs, patio furniture, grills and more. Whether you're shopping during the Wayfair Epic Summer Sale event or splurging during their Way Day events, Wayfair consistently offers deals throughout the year that are simply too good to pass up. To help you navigate the savings, we've curated this helpful list of the top 10 best Wayfair deals you can score right now! Rest assured, we'll keep this list fresh as new sales roll out, so be sure to bookmark this page and check back often. Here are the top 10 best Wayfair deals you can grab now 1. Lark Manor Deltana Floral Outdoor Area Rug Lark Manor Deltana Floral Outdoor Area Rug This outdoor rug is resistant to weather, water, stains, fading and wear. Plus, its vibrant design will add the perfect touch to your patio. This outdoor rug is resistant to weather, water, stains, fading and wear. Plus, its vibrant design will add the perfect touch to your patio. Save up to 79% at Wayfair 2. Beachcrest Shawnna Home Weather-Resistant Foldable Adirondack Chair Beachcrest Shawnna Home Weather-Resistant Foldable Adirondack Chair These weather-resistant chairs feature stainless steel hardware and a folding design that's great for when you want to take them on the go. These weather-resistant chairs feature stainless steel hardware and a folding design that's great for when you want to take them on the go. Save up to 57% at Wayfair 3. Sol 72 Outdoor Hopkinton 13FT Rectangular Market Umbrella Sol 72 Outdoor Hopkinton 13FT Rectangular Market Umbrella This umbrella features a height-adjustable, powder-coated steel pole and 12 ribs give this umbrella extra support. This umbrella features a height-adjustable, powder-coated steel pole and 12 ribs give this umbrella extra support. Save up to 67% at Wayfair 4. Nestl Set of 2 Chaise Lounge Chair Set Nestl Set of 2 Chaise Lounge Chair Set These chaise lounge chairs are crafted from weatherproof polypropylene resin with a stylish wood-textured design. These chaise lounge chairs are crafted from weatherproof polypropylene resin with a stylish wood-textured design. Save 74% at Wayfair 5. Beachcrest Home Denison 3-Piece Seating Set w/ Cusions Beachcrest Home Denison 3-Piece Seating Set w/ Cusions This seating set features two rocking chairs and a matching side table to create a breezy getaway on your back porch or patio. This seating set features two rocking chairs and a matching side table to create a breezy getaway on your back porch or patio. Save 70% at Wayfair 6. Wade Logan Arlethe Wood 4-Person Patio Conversation Set with Cushions Wade Logan Arlethe Wood 4-Person Patio Conversation Set with Cushions The set includes two armchairs, a bench, a coffee table and cushions to seat four comfortably. The set includes two armchairs, a bench, a coffee table and cushions to seat four comfortably. Save 49% at Wayfair 7. Outdoor Pizza Oven Outdoor Pizza Oven This pizza oven features a rapid baking function, reaching temperatures up to 1000°F with only 15 minutes of preheating, allowing you to cook delicious food in just 90 seconds. This pizza oven features a rapid baking function, reaching temperatures up to 1000°F with only 15 minutes of preheating, allowing you to cook delicious food in just 90 seconds. Save 53% at Wayfair 8. Nexgrill 4-Burner Propane Gas Grill Nexgrill 4-Burner Propane Gas Grill This grill offers a spacious 626 sq. in. total cooking area and four stainless steel burners. This propane BBQ grill is built for performance. This grill offers a spacious 626 sq. in. total cooking area and four stainless steel burners. This propane BBQ grill is built for performance. Save 59% at Wayfair 9. Loon Peak Burroughs Fir Wood Potting Bench Loon Peak Burroughs Fir Wood Potting Bench This potting bench features a removable sink for convenient planting and cleanup, while the drawer, hooks and shelving provide organized storage. This potting bench features a removable sink for convenient planting and cleanup, while the drawer, hooks and shelving provide organized storage. Save 59% at Wayfair 10. Galvanized Steel Locking Parcel Box Galvanized Steel Locking Parcel Box This delivery box is made of high-quality steel with advanced security features and rugged construction, making it perfect for keeping your packages safe in any outdoor environment. This delivery box is made of high-quality steel with advanced security features and rugged construction, making it perfect for keeping your packages safe in any outdoor environment. Save 48% at Wayfair What is Wayfair Rewards? Wayfair has a paid rewards membership program called Wayfair Rewards. If you're interested in saving money on furniture, home goods and kitchen appliances, you should absolutely consider taking advantage of a Wayfair Rewards membership How much does a Wayfair Rewards membership cost? A Wayfair Rewards annual membership costs $29, but it will quickly pay for itself through the savings you'll get on shipping. Wayfair Rewards Join Wayfair Rewards to earn rewards on your purchases, get free shipping and more. Join Wayfair Rewards to earn rewards on your purchases, get free shipping and more. Join Wayfair Rewards

Sellout Risk! These Resort-style Lounge Chairs Are Back in Stock and 71% Off
Sellout Risk! These Resort-style Lounge Chairs Are Back in Stock and 71% Off

Travel + Leisure

time03-06-2025

  • General
  • Travel + Leisure

Sellout Risk! These Resort-style Lounge Chairs Are Back in Stock and 71% Off

Sun-dwellers—and sand-haters—who like to lay out on the beach or by the pool know the importance of a comfy lounge chair. These recliners are ideal for kicking back and relaxing, reading a book, or basking in the sun. While they're practically synonymous with cocktail umbrellas and warm-weather vacations at luxe, 5-star hotels, they also deserve a spot in your own backyard. Whether you're planning a staycation this summer or just looking to furnish your space with resort-inspired pieces, the Nestl Chaise Lounge Chair set is back in stock and an ideal pick for any outdoor setup. The two-chair set has sold out in the past, but right now you can snag it on sale for 71 percent off at Wayfair. This set comes in both black and light gray, and both colors are currently marked down for just $86 apiece. While affordable, these lounge chairs are 'very sturdy and comfortable,' according to one shopper. They are also easy to assemble, per that same reviewer, who said they were 'out of the box and poolside in minutes.' A second customer agreed that the chairs took 'two minutes to put together.' Any superior piece of patio furniture needs to be durable, and this set is UV-, rust-, and mildew-resistant. One shopper who was looking for a 'solid and sturdy' set that would stand up to a 'humid climate,' called this set the ideal pick. While these chairs can sit out in the sun all summer long, they are also stackable for easy storage. Another reviewer also said they are 'so lightweight' and 'easy to move around.' Similar to most chaise lounge chairs, these have an adjustable backrest that can be set to five different heights depending on your preference, including a fully flat-lay option, making them ideal for a bite by the pool, taking a quick nap, or any other lounge need in between. While you can buy lounge chair cushions separately to customize this set to suit your taste, one shopper said they are 'beautiful and very comfortable even without cushions.' These chaise lounge chairs will likely sell out again, so snag them while they're in stock and on sale for 71 percent off at Wayfair. For more outdoor chair sales, keep scrolling. Love a great deal? Sign up for our T+L Recommends newsletter and we'll send you our favorite travel products each week.

Walmart is selling a 'luxurious' and 'soft' $63 queen sheet set for just $20
Walmart is selling a 'luxurious' and 'soft' $63 queen sheet set for just $20

Yahoo

time23-04-2025

  • Lifestyle
  • Yahoo

Walmart is selling a 'luxurious' and 'soft' $63 queen sheet set for just $20

I have a new thing. I sleep hot and have to keep a fan blowing on me at night, which I know can't be good for my health. It seems my days of needing cooling bed sheets have officially begun (ladies, I think you know what I mean), which is what led me to the Nestl Bed Sheets at Walmart — they're not only sweat-wicking, but also obscenely soft and comfortable. Like, to the point where you ask yourself, "Why is this four-piece sheet set only $20?" While the bestseller usually retails for $63, it's currently on sale for nearly 70% off as part of the retailer's Flash Deals section — special markdowns which only last a few days. It's rare to find a set of sheets so luxurious for $20, like virtually impossible. Then, when you factor in the fact that these sheets keep you cool in the summer and warm in the winter, you have bedding that's in season year-round. Plus, they have a high-end aesthetic, which typically costs a premium. When I dug into this incredible deal further, I realized these sheets have so much going for them. Yes, the decadent softness is their claim to fame. And the sweat-wicking is a nice bonus. But these sheets also have the ability to repel wrinkles and pet hair — two of the banes of my existence — so they come out of the washing machine flawless. And they fit extra deep mattresses like mine. If you have a pillow top mattress or use a mattress pad, the sizing of these snuggly sheets also works perfectly. And speaking of snug, the fitted sheet is made with secure elastic, so it hugs your mattress without riding up or shifting around. They thought of everything. Even the look of Nestl Bed Sheets is posh. The pillowcases have a decorative, stitched hem that gives a five-star hotel feel. And they come in 48 colors, many of which are neutrals like ivory, linen, grey, gold and silver that have an intrinsic elegance to them. I've upgraded my bedding to all shades of off-white, and it feels like quiet luxury. But if you love a more vivid hue, Nestl sheets come in a range of both bold and soothing blues, reds, purples, and yellows, too. Plus, Nestl sheets come in nine mattress sizes, including standard ones like queen and king and less common ones like split king and California king. And yes, all the sizes are on sale. A deal on a fan favorite like this is rare — and a discount this big, even more so. I mean, a queen-sized set costs as much as a large lasts a lot longer! Walmart shoppers have the final word, as always, and so I pored over more than 16,000 five-star reviews to see what so many folks love about these bedroom must-haves. "The sheets are super soft, and they are cool, which is a big deal for my hot-natured husband," one fan wrote of the comfort factor. And they were in the majority. "Best night sleep I've had in a long time," another shopper raved, calling the sheets "very soft and comfortable like a soft T-shirt. ... this is definitely a five-star." Another said, "Showed them to my daughter and she was in awe of how soft they were. My husband was jealous — he just spent $200 for a set of high-count Egyptian cotton sheets and they are not nearly as soft as mine!" As for the fit, one customer said there was "absolutely no pilling," and that the sheets "fit over thick mattresses and additional [mattress] pads." And yes, that would include pillowtop mattresses, too. "The only brand that doesn't slip off at the corners," another reviewer wrote. "I was impressed with my first time purchase that I ordered more." As for the quality, customers have called it "excellent," "exceptional," "luxurious," "amazing" and "outstanding," among many other exalted adjectives. "The fabric quality and workmanship were very nice," wrote one informed customer, who added, "I am a seamstress and very choosy about fabric and stitching." "There was no shrinkage or discoloration after being washed," another reviewer wrote, while others commented that there were no wrinkles, fuzz or pet hair. Some customers find that the sheets aren't quite thick enough. "A little thinner than I like my sheets to be, but they sleep well," one wrote. "These blue bed linens are impressive at first glance," added another. "The rich color and workmanship make a good first impression. But, when I feel the fabric, it feels surprisingly thin and light — thinner and lighter than my other bed linens." The reviews quoted above reflect the most recent versions at the time of publication. Want to save even more? Make sure you're signed up for Walmart+. It's easy to sign up for your free 30-day trial here. You'll get free shipping and grocery delivery, savings on gas and prescriptions, exclusive access to major deals, and more. (And by the way, those without Walmart+ still get free shipping on orders of $35 or more.)

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