FMCG & Consumer Markets

Nestlé India’s Board of Directors approved the unaudited financial results for the second quarter and half year ended 30 September 2026. Standalone revenue from operations was approximately ₹6,788 crore, up about 20 percent year-on-year, and net profit was approximately ₹1,027 crore, up about 36 percent. EBITDA was approximately ₹1,614 crore with a margin of about 23.8 percent. Consolidated total sales reached ₹6,782.2 crore, an increase of 20.5 percent, while domestic sales grew 20.4 percent.

Eveready Industries and Zepto have launched “Batteries for Better,” a doorstep battery collection and recycling initiative that lets customers return used household batteries through Zepto deliveries, starting in Delhi and Bengaluru.

Bikaji Foods has partnered with veteran bakery expert Thayekunni Khaleel, giving him a 30% stake in Bikaji Bakes while retaining a 70% majority stake to accelerate growth in India’s bakery and packaged foods market.

House of Makeba launches O’Vanta in Ahmedabad, an immersive dining concept that combines a seven-course vegetarian menu with synchronized light, sound, aroma and storytelling.

Swiggy is shifting its focus toward sustainable growth and profitability in quick commerce, even as competition intensifies across India’s fast-growing instant delivery market. The company’s quick-commerce business Instamart reported a more than 53% year-on-year rise in revenue to ₹1,057 crore in the March quarter, while losses narrowed 4.5% to ₹736 crore. Gross order value for […]

Unilever is in talks to sell its food business to US-based McCormick & Company, in a move that could mark a significant shift for the British consumer goods group as it focuses on higher-growth beauty, household, and personal care segments.