The cereal-maker's new boss says he wants to instil a "performance mindset" and prioritise earnings.
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Shares of Nestlé India surged 5% to Rs 1,281 on the NSE on October 16 after the company reported its Q2 FY26 results. Standalone profit after tax (PAT) fell 23.6% YoY to Rs 753.2 crore, while revenue rose 10.6% to Rs 5,643.61 crore. On a consolidated basis, PAT declined 17.4% to Rs 743.17 crore.
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The 0.1% growth follows a slight contraction in the economy during July, official figures show.
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