Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’): Update on one-on-one meet with an analyst held on 18th February 2025
| Title | Description | BSE Dissemination Date |
| Nestlé India Board declares Interim Dividend | Nestlé India Ltd has informed BSE that the Board of Directors of the Company has declared on April 15, 2006, an interim dividend for the year 2006, of the Rs 6/- per equity shares. This will be paid to shareholders on and from May 9, 2006 together with the final dividend for the year 2005 of Rs 2/- per equity shares which was announced earlier and is subject to approval by the shareholders at the Annual General Meeting on April 25, 2006. | Apr 17, 2006 |
| Nestle India Board to consider interim dividend | Nestlé India Ltd has informed BSE that the Board of Directors of the Company will consider declaration of Interim Dividend for the year 2006, if any on April 15, 2006. The Interim Dividend for the year, 2006 if any, so declared shall be paid on and from May 09, 2006. | Apr 04, 2006 |
| Nestlé India fixes Book Closure | Nestle India Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from April 21, 2006 to April 25, 2006 (both days inclusive) for the purpose of payment of final dividend for 2005. | Mar 06, 2006 |
| Nestlé India announces Q4 & FY 05 results | Nestlé India has announced the following results for the quarter & year ended December 31, 2005: The Unaudited results for the quarter ended December 31, 2005 The Company has posted a net profit of Rs 741.60 million for the quarter ended December 31, 2005 as compared to Rs 764.90 million for the quarter ended December 31, 2004. Total Income net of excise has increased from Rs 5768.60 million for the quarter ended December 31, 2004 to Rs 6285.40 million for the quarter ended December 31, 2005. The Audited results for the year ended December 31, 2005 The Company has posted a net profit of Rs 3095.70 million for the year ended December 31, 2005 as compared to Rs 2519.20 million for the year ended December 31, 2004. Total Income net of excise has increased from Rs 22420.30 million for the year ended December 31, 2004 to Rs 25006.40 million for the year ended December 31, 2005. The Board of Directors has recommended a final dividend for 2005 of Rs 2/- per equity share, for approval of the shareholders. The 47th Annual General Meeting of the Company will be held on April 25, 2006. Mr. Martial Rolland, Chairman and Managing Director of the Company stated, "Nestlé India has performed well during the year and I am satisfied with the direction in which we are moving. Our strong brands and our strive towards continuous innovation and renovation helped us achieve sustainable and profitable growth. All this is done with a strong involvement of the community, an involvement that has expanded and has never wavered since our early 1960s pioneering work in the milk district of Moga, Punjab." | Mar 06, 2006 |
| Nestlé India - FY 05 results on Mar 06, 2006 | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 06, 2006, to consider the Audited Financial Results for the year ended December 31, 2005 and the recommendation of final dividend for the year ended December 31, 2005, if any. | Feb 22, 2006 |
| Nestlé India - FY 05 results by March 2006 | Nestlé India Ltd has informed BSE that Company would be publishing Audited Financial Results for the year ended on December 31, 2005 within stipulated period of 3 months after the year end. The Audited results would be considered at the Board meeting proposed in the month of March 2006, date of which shall be intimated separately. Consequently, the Company shall not be publishing the Un-audited Financial results for the fourth quarter ended December 31, 2005 (Q4). | Jan 16, 2006 |
| Nestlé India - Business Update | Nestlé India Ltd has hosted the second Financial Analyst meet for the year 2005, to assist the Company in understanding the Company's operations. Mr. Martial Rolland, Chairman and Managing Director of the Company and Mr. Shobinder Duggal, Director-Finance and Control reviewed the Company's performance during the 9 months of 2005. Mr. Rolland reaffirmed the trust of the Company in the areas of Nutrition, Health and Wellness as well as its focus on Innovation and Renovation, using the Nestlé Group's extensive strengths in Research & Development and stated "Having been part of the fabric of India for so many years we have developed a strong consumer intimacy based on quality and trust. Together with the Nestlé Group's superior Research and Development capabilities this provides us with unique opportunities to offer consumers greater convenience, Taste, Nutrition, Health and Wellness. We have recently realigned some of the internal structures to become a multifocal Company and our '7 Value Driver' model will keep us on track for long term, sustainable and profitable growth." Mr. Shobinder Duggal, Director-Finance and Control evaluated the evolution of the seven value drivers and reviewed how they have helped to sustain and improve shareholder's value. Highlights of the presentation and clarifications are given below: - Gross Sales, as reported have grown 12.2% for the nine months of 2005. This topline growth consisted of 8.7% on account of Real Internal Growth (RIG) and 3.5% on account of increase in selling prices, testifying the strength of Nestlé brands. - Volume growth for most categories was satisfactory: (Milk Products & Nutrition + 4.2%; Prepared Dishes & Cooking Aids + 7.5%; Chocolates & Confectionary + 14.8%). The exception was Beverages (-0.2%) that was negatively impacted mainly by lower coffee exports to Russia and discontinuation of Dust Tea business in India. - Value growth for all the categories was healthy: (Milk Products & Nutrition + 10.4%; Prepared Dishes & Cooking Aids + 17.5%; Chocolates & Confectionary + 14.8%; Beverages + 10.0 %). This also indicated the relevance and strength of the Company’s brands and products. - Products such as Nestlé Chocostick, Nestlé Butter and Dust Tea that did not add value to the Nestlé India portfolio have been discontinued. - Initiatives to balance exports portfolio are delivering results. The percentage of exports to markets other than Russia continue to improve and are currently at 54% of exports as compared to 49% in the comparable period of 2004. - EBITDA margin further improved by 250 basis points, to 20.5% of Gross Sales in the 9 months of 2005 over 18.0% of Gross Sales in the comparable period last year. - Advertising and Sales Promotion expenses during the 9 months of 2005 were lower than the comparable period last year, limited by Globe implementation that required a learning curve on stringent planning steps and also had a frozen period. They are expected to go up from the levels seen in the nine month period ending with September 2005. - Fixed and Operating Working Capital Intensity improved further for the 5th consecutive year Operating Cash Flows achieved record level and the Operating Cash Flows as a percentage of Sales improved over the same period last year. - The Company has announced two interim dividends aggregating to 230% of the nominal share value for the year 2005. This is the highest paid dividend in any one year out of the profits for that year. Successful implementation of GLOBE during the year is expected to help the Company sustain a healthy performance in the future. - The foundation stone for Nestlé India's factory in Pantnagar was laid in October and the plant is expected to go into commercial production in second half of 2006. | Dec 08, 2005 |
| Nestlé India Board declares Interim Dividend | Nestlé India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 06, 2005, inter alia, has declared a Second Interim Dividend of Rs 18/- per equity share on equity shares of Rs 10/- each for the year 2005. Further the Company has informed that the Second Interim Dividend for the year 2005 shall be paid on and from December 22, 2005. The total dividend payment during 2005 would aggregate to Rs 23/- per equity share (including interim dividend of Rs 5/- per share paid in May 2005). This represents 230% of the nominal share value. Chairman and Managing Director of the Company, Mr. Martial Rolland stated "Our Company's policy is to reward its shareholders. This is expressed in our dividend distribution, the one for this year being the highest paid dividend in any one year out of the profits for that year." | Dec 06, 2005 |
| Nestlé India Board to consider interim dividend | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 06, 2005, to consider declaration of Second Interim Dividend for the year 2005, if any. The Second Interim for the year 2005, if any, so declared shall be paid on and from December 22, 2005. Further the Company has informed that December 12, 2005 has been fixed as Record Date for the purpose of determining entitlement of shareholders to the Second Interim Dividend for the year 2005, if any. | Nov 18, 2005 |
| Nestlé India announces Q3 results | Nestlé India Ltd has announced the following unaudited results for the quarter ended September 30, 2005: The Company has posted a net profit of Rs 745.90 million for the quarter ended September 30, 2005 as compared to Rs 688.50 million for the quarter ended September 30, 2004. Total Income (net of excise) has increased from Rs 5631.60 million in Q3-04 to Rs 6304.80 million for the quarter ended September 30, 2005. Mr. Martial Holland, Chairman and Managing Director of the Company stated, "Our performance during the quarter and in the nine months of 2005 is good and shows that we are on the right track. I am confident that with the initiatives in place we will continue to record sustainable growth. Our seventh plant at Pantnagar in Uttaranchal for which the foundation stone has been laid on October 26 shows our confidence in the future and our continued commitment to the development of India. | Oct 28, 2005 |
| Nestlé India starts construction of Uttaranchal factory | Nestlé India Ltd has announced that soon after finalizing the location for its 7th factory at Pantnagar in Uttaranchal, the Company is ready to roll out the project. On October 26, 2005, the Chief Minister of Uttaranchal Shri Narayan Datt Tiwari laid the foundation stone for the factory. The Company will invest over Rs 1000 million in the factory. This is the seventh factory of the Company and like the other factories, this factory will also be of international standards. This factory at Pantnagar will initially manufacture culinary products including its very popular MAGGI 2-Minute noodles. The factory will benefit from and will be closely aligned with the Research and Development Facilities of the Nestlé Group and its proprietary, world-class technology. The Company today has six factories and facilitates direct and indirect employment and provides livelihood to about one million people including farmers, suppliers of raw and packaging materials and other goods. The Company's new factory at Pantnagar will further facilitate this and create employment, help develop local resources and create prosperity in the local communities. | Oct 26, 2005 |
| Nestlé India - Q3 results on Oct 28, 2005 | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 28, 2005 inter alia, to consider the Un-audited Financial Results of the Company for the 3rd Quarter ended September 30, 2005 (Q3). | Oct 10, 2005 |
| Nestlé India Board approves setting up of new unit in Uttaranchal | Nestlé India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 29, 2005, inter alia, has approved setting up of a new Factory in the State of Uttaranchal, mainly for the manufacture of culinary products. The project will involve an investment of around Rs 100 crores over 2 to 3 years & it is foreseen that the factory will go into commercial production during the first half of 2006. The new factory is being set up in an area benefiting from various tax incentives. The Company currently has six manufacturing plants across India & the unit proposed in the State of Uttaranchal will be the seventh plant. | Jul 29, 2005 |
| Nestlé India announces Q2 results | Nestlé India Ltd has announced the following unaudited results for the quarter ended June 30, 2005: The Company has posted a net profit of Rs 827.70 million for the quarter ended June 30, 2005 as compared to Rs 427.80 million for the quarter ended June 30, 2004. Total Income has (net of excise) increased from Rs 5174.00 million in Q2-04 to Rs 6237.80 million for the quarter ended June 30, 2005. Mr. Martial Rolland, Chairman and Managing Director of the Company stated "Nutrition, health and wellness have been part of the DNA of Nestlé since its inception in 1866 and the Company, with its strong research-driven science and brands is uniquely placed to leverage these elements within our portfolio. With this in mind and a closer understanding of our consumers and customers, we will grow our existing brands and accelerate our innovation and renovation process, as can be seen with the recent successful launch of MAGGI Vegetable Atta Noodles. I am satisfied with our quarterly performance and I am confident that we are on the right track." | Jul 29, 2005 |
| Nestlé India - Delisting of securities from DSE | Nestlé India Ltd has informed BSE that the securities of the Company are delisted from the Delhi Stock Exchange Association Ltd (DSE) w.e.f. July 15, 2005. | Jul 14, 2005 |
| Nestlé India - Q2 results on July 29, 2005 | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 29, 2005, inter alia, to consider the Unaudited Financial Results for the second quarter (Q2) ended June 30, 2005. | Jul 12, 2005 |
| Nestlé India announces Q1 Results | Nestlé India Ltd has posted a net profit of Rs 780.50 million for the quarter ended March 31, 2005 as compared to Rs 643.70 million for the quarter ended March 31, 2004. Gross Revenue has increased from Rs 5849.90 million in Q1-04 to Rs 6203.80 million for the quarter ended March 31, 2005. Mr. Martial Rolland, Chairman and Managing Director of the Company stated, "I am satisfied with the direction in which the Company is moving. We are focused on growing our top line, improving market shares, rationalizing organizational structure and enhancing operational efficiencies through Nestlé Group's "Operational Excellence" initiative. At the same time we are renewing our focus on innovation and renovation and leveraging our access to world- class technology available with Nestlé S.A., to increase Nutrition, Health and Well ness across our product portfolio. The recently launched MAGGI Vegetable Atta Noodles that has been well received by consumers is an example of these efforts." | Apr 29, 2005 |
| Nestlé India - Outcome of AGM | Nestlé India Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on April 29, 2005, inter alia, have accorded to the following: 1. Approved the Balance Sheet as at December 31, 2004 and the Profit and Loss Account for the year ended on that date together with the Reports of the Directors' and Auditors' thereon. 2. Declared the special Dividend for 2004 of Rs 4.50 per equity share and confirmed the Interim Dividends aggregating Rs 20.00 per equity share, already paid during the year, 2004. 3. Re-appointed Mr. Rajendra S Pawar as a Director. 4. Re-appointed M/s A F Ferguson as the Auditors of the Company upto the conclusion of the next Annual General Meeting of the Company. 5. Approved the appointment of Mr. Martial Gildas Rolland as the Managing Director of the Company for a period of five years effective December 11, 2004. 6. Approved the appointment of Mr. Shobinder Duggal as a Whole-Time Director of the Company for a period of five years effective May 10, 2004. 7. Approved the Payment of Commission and Sifting Fee to the Non-Executive Directors of the Company. 8. Approved delisting of equity shares of the Company from the Delhi Stock Exchange Association Ltd, New Delhi | Apr 29, 2005 |
| Nestlé India Board declares Interim Dividend | Nestlé India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 19, 2005, has declared an Interim Dividend of Rs 5/- (Rupees five only) per equity share for the year 2005, which shall be paid on and from May 10, 2005. Further the Company has informed that the Register of Members and Share Transfer Books will remain closed from April 25, 2005 to April 29, 2005 for the purpose of determining the shareholders entitled for payment of the Interim Dividend, 2005. The Interim Dividend for 2005 of Rs 5/- per equity share and the special Dividend for 2004 of Rs 4.50 per equity share, impending approval of shareholders at the Annual General Meeting on April 29, 2005, will be paid together on and from May 10, 2005. | Apr 19, 2005 |
| Nestlé India Board to consider Interim Dividend | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 19, 2005, inter alia, to consider declaration of Interim Dividend for the year 2005, if any. The Company has further informed that Book closure as announced earlier (i.e., from April 25, 2005 to April 29, 2005) shall also determine the entitlement of the shareholders to the Interim Dividend for 2005, if any, that may be declared by the Board of Directors. Further the Company has informed the Interim Dividend for the year 2005, if any, so declared shall be paid on / after May 10, 2005. | Apr 08, 2005 |
| Nestlé India continues to focus on improving efficiencies | Nestlé India Ltd has informed BSE that the Company has on April 01, 2005, met with the Financial Analysts, to get assistance in understanding the Company's operations. Mr. Martial Rolland, Chairman and Managing Director of the Company and Mr. Shobinder Duggal, Director - Finance and Control reviewed the Company's performance during 2004. Mr. Rolland reaffirmed that "Nestlé India is focused on long term, sustainable and profitable growth. Our economic model is robust and the seven value drivers of the model enable us to review and sustain our continuous efforts for sales growth, profit margins and capital efficiencies. The current environment of rising aspirations, changing lifestyles towards greater wellness and Out Of Home Consumption, coupled with increasing disposable incomes should accelerate growth in FMCG products. Nestlé India is in a strong position and is well disposed to benefit from this in the future. Innovation and Renovation will be critical to seize the opportunities arising from rising income and consumerism. We will focus on new concepts and driving preference for our products, which will be facilitated by our very strong brands and the tremendous Research and Development capability of our parent company. GLOBE implementation will further strengthen our business." Presenting the financial data for the full year 2004, Mr. Duggal explained that continued focus on the seven value drivers helped sustain and improve shareholder's value, tripling the economic profit over the last five years. Highlights of the presentation and clarifications are given below: * Domestic sales growth, as reported, was 5.3% for the year. * Top line growth was impacted by a shortage and increased price of milk solids during a part of the year. Consequently Management allocated this important raw material to relatively more profitable products. Certain products were also discontinued. Under comparable circumstances the RIG (Real Internal Growth) of 4.4% on reported numbers would have been 7.0%. * Volume growth for most categories was satisfactory [Milk Products & Nutrition + 7.4%; Prepared Dishes & Cooking Aids + 3.8%; Chocolate & Confectionary + 9.9%]. The exception was Beverages [- 4%] that showed a decline, largely because in 2003 the category also included Packaged Drinking Water, which was withdrawn subsequently following the market test. * Initiatives to balance exports and reduce dependence on exports to Russia, are delivering results. Exports to other markets have increased from 33% of exports in 2003 to 52% in 2004. * Nestlé Group Savings initiatives partially offset the negative impact from increased commodity prices and helped in achieving healthy EBITDA margin of 19.0% in 2004, compared to 19.5 % in 2003. * The Company further improved the Fixed and Operating Working Capital Intensity reaching even higher levels of efficiency * The Company achieved a good operating cash flow of INR 3.7 billion and paid record dividend (also for approval at the AGM is a special dividend mainly out of undistributed profits) in 2004. * As a high tax payer, the Company through its business contributed (directly and indirectly) towards tax collections to the exchequer, close to Rs 6.2 Billion at Central and State levels. * Provisions for contingencies are in line with statutory accounting standards and are necessary for good corporate governance and protecting shareholder value. Provisions are made for potential obligation on clear criteria - Past event, Probability of future cash outflow, Reasonable estimate. * In keeping with the situation of the FMCG sector, sustaining margins could be challenging. Oil prices are hardening and while prices of some commodities are currently lower compared to 2004, they are still higher than 2002 and 2003 levels. * The GLOBE initiative is progressing satisfactorily and its implementation will allow the Company to adopt Best Practices and help to sustain and improve efficiencies by implementing sophisticated and integrated information technology systems, much needed for a complex value chain. GLOBE is a substantial investment, necessary to retain the ability of the Company to react and respond more efficiently to the demands of the consumers and shareholders. GLOBE will be implemented across all functions and processes in the Company to better integrate them. Its implementation is planned for in the second quarter of calendar year 2005 and is likely to adversely impact the cost of Company in the short run, to avail of the benefits in the future. * In terms of the Union Budget, the Company hopes that the proposed Fringe Benefit Tax on advertising and other genuine business costs which adversely impacts the FMCG sector will be re-considered by the government. * Implementation of VAT is a positive move, though piecemeal approach is causing uncertainty. VAT will also tax a larger part of the value chain than hitherto and at higher tax rates. While clarifying queries from analysts, Mr. Martial Rolland stated that the Company is committed to shareholder value and will continue to leverage its access to the Nestlé Group's proprietary technology, Brands/ expertise, centralised Research and Development to strengthen its efforts to provide Nutrition, Health and Wellness across its portfolio and strategic four pillars namely, Innovation and Renovation, Availability, Effective & Efficient Operations, Consumer Communications. Mr. Rolland also stressed that this effort will be supported by the commitment and quality of the People, aligned structures and the implementation of GLOBE." | Apr 04, 2005 |
| Nestlé India announces audited Q4 & FY-04 results | Nestlé India Ltd has posted a net profit of Rs 764.90 million for the quarter ended December 31, 2004 as compared to Rs 454.20 million for the quarter ended December 31, 2003. Total Income has increased from Rs 5356.90 million in Q4-03 to Rs 5768.60 million for the quarter ended December 31, 2004. The Company has posted a net profit of Rs 2519.20 million for the year ended December 31, 2004 as compared to Rs 2630.80 million for the year ended December 31, 2003. Total Income has increased from Rs 21684.50 million in FY-03 to Rs. 22420.30 million for the year ended December 31, 2004. The Board of Directors has recommended a special dividend for the year 2004 of Rs 4.50 per equity shares, mainly out of accumulated profits, for approval of the shareholders. The Register of Members and Share Transfer Books of the Company will remain closed from April 25, 2005 to April 29, 2005, both days inclusive for the purpose of Annual Closing and determining entitlement of shareholders to the special Dividend for 2004. The Annual General Meeting of the Company will be held on April 29, 2005. Further the Company has informed that the Board of Directors has recommended delisting of equity shares of the Company from the Delhi Stock Exchange, for the approval of the shareholders. Commenting on the performance during 2004, Mr. Martial Rolland, Chairman and Managing Director of the Company stated, "There has been a shift in consumer spending towards asset building and non-food related lifestyle changes, driven by low cost credit available widely to consumers and diverting some consumer demand from FMCG products. Hence, we focused on maintaining market shares, improving organizational structure, improving penetration into newer territories and controlling costs. The fourth quarter of 2004 witnessed a more favourable growth." | Mar 14, 2005 |
| Nestlé India Board to consider FY - 04 results & dividend on Mar 14, 2005 | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 14, 2005, to consider the audited financial results for the year ended December 31, 2004 and the recommendation of dividend for the year ended December 31, 2004, if any. | Feb 28, 2005 |
| Nestlé India - FY 04 results by March 2005 | Nestlé India Ltd has informed BSE that the Company would be publishing Audited Financial Results for the year ended December 31, 2004 within stipulated period of 3 months after the year end. The Audited Results would be considered at the Board meeting proposed in the month of March 2005. Further the Company has informed that it shall not be publishing the Unaudited Financial Results for the fourth quarter ended December 31, 2004. | Jan 14, 2005 |
| Nestlé India Board declares Second Interim Dividend | Nestlé India Ltd has informed BSE that the Board of Directors of the Company today (December 07, 2004) have declared a Second Interim Dividend of Rs 10/- (Rupees ten only) per equity share for the year 2004, on the entire subscribed and paid up capital of 9,64,15,716 equity shares of nominal value of Rs 10 each. The Second Interim Dividend shall be paid on / from December 23, 2004. Further the Company has informed that December 13, 2004 has been fixed as the Record Date for payment of the Second Interim Dividend. | Dec 07, 2004 |
| Nestlé Board to consider declaration of Second Interim Dividend | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 14, 2005, to consider the audited financial results for the year ended December 31, 2004 and the recommendation of dividend for the year ended December 31, 2004, if any. | Nov 22, 2004 |
| Nestlé India announces Q3 results | Nestlé India Ltd has informed BSE that the Board of Directors of the Company shall consider declaration of Second Interim Dividend for the year 2004, if any, on December 7, 2004. The Second Interim dividend for the year, 2004 if any, so declared shall be paid on/after December 23, 2004. The record date for the Second Interim Dividend for the year 2004, if any, has been fixed as December 13, 2004. | Oct 28, 2004 |
| Nestlé India Q3 results October 28, 2004 | Nestlé India Ltd has posted a Net Profit of Rs 688.50 million for the quarter ended September 30, 2004 as compared to Rs 759.90 million for the quarter ended September 30, 2003. Total income (net of excise) has increased from Rs 5377.90 million in SQ-03 to Rs 5631.60 million in the quarter ended September 30, 2004. | Oct 08, 2004 |
| Martial Rolland appointed as Chairman & MD of Nestlé India | Nestlé India Ltd has informed BSE that Mr. Carlo Donati, Chairman & Managing Director of the Company shall be leaving the Company to take up a new assignment within Nestlé Group. Further Mr. Martial Rolland shall takeover as the Chairman & Managing Director of the Company, subject to necessary approvals. The above changes are scheduled to be effective during December 2004. | Sep 28, 2004 |
| Nestlé announces Q2 results | Nestlé India Ltd has posted a net profit of Rs 427.80 million for the quarter ended June 30, 2004 as compared to Rs 669.70 million for the quarter ended June 30, 2003. Total income has decreased from Rs 5525.40 million in the JQ-03 to Rs 5474 million in the quarter ended June 30, 2004. | Jul 28, 2004 |
| Nestlé India Q2 results on July 28, 2004 | A meeting of the Board of Directors of Nestlé India Ltd will be held on July 28, 2004 to consider the Unaudited Financial Results for the second quarter and half year ended June 30, 2004. | Jul 19, 2004 |
| Nestlé India Board declares Interim dividend | Nestlé India Ltd has informed BSE that the Board of Directors of the Company today (July 16, 2004) have declared an Interim Dividend of Rs 10/- per equity share for the year 2004. | Jul 16, 2004 |
| Nestlé India Board to consider Interim dividend | Nestlé India Ltd has informed BSE that a meeting of the BoD of the company is scheduled on July 16, 2004 to consider declaration of interim dividend. The interim dividend for the year 2004, if any, so declared shall be paid on / after July 30, 2004. | Jul 09, 2004 |
| Nestlé fixes Record Date | Nestlé India Ltd has fixed July 21, 2004 as Record Date for determining the entitlement of shareholders to the Interim Dividend for the year, 2004, if any, as may be declared by the Board of Directors at a later date. | Jun 29, 2004 |
| Nestlé India announces Q1 Results | Nestlé India Ltd has posted a Net Profit of Rs 643.70 million for the Quarter ended March 31, 2004 (MQ-04) as compared to a Net Profit of Rs 747 million for the Quarter ended March 31, 2003 (MQ-03). Total Income has increased from Rs 6091.50 million in MQ-03 to Rs 6235.30 million in MQ-04. | Apr 30, 2004 |
| Nestlé India Q1 results on April 30, 2004 | Nestlé India Ltd has informed BSE that a meeting of the Board of Directors of the Company has been convened on April 30, 2004 to consider the Unaudited Financial Results of the Company for the First Quarter ended March 31, 2004. | Apr 16, 2004 |
| Nestlé - Change in Directorate | Nestlé India Ltd has informed BSE that Mr. Michael T Scales, Director – Finance & Control of the company would be taking up a new assignment with the Beverage Partners, Worldwide, Switzerland, during May 2004. Mr. Shobinder Duggal currently Vice President – Corporate control of the company will take over from Mr. Scales as Director – Finance & Control. | Apr 13, 2004 |
| Nestlé India announces Audited Q4 & FY-03 Results | Nestlé India Ltd has posted a net profit of Rs 454.20 million for the Quarter ended December 31, 2003 (DQ-03) as compared to a Net Profit of Rs 376.70 million in the Quarter ended December 31, 2002 (DQ-02). Total Income has increased from Rs 4907.80 million in DQ-02 to Rs 5717.70 million in DQ-03. The Company has posted a net profit of Rs 2630.80 million for the year ended December 31, 2003 (FY-03) as compared to a Net Profit of Rs 2015.20 million in the previous year ended December 31, 2002 (FY-02). Total Income has increased from Rs 20756 million in FY-02 to Rs 23076.60 million in FY-03. The Board of Directors at their meeting held today (March 15, 2004) have not recommended any final dividend for the year 2003 taking into account the two interim dividends for the year 2003 of Rs 10 each aggregating to Rs 20 per equity share. The Register of Members and Share Transfer Books of the Company will remain closed from April 26, 2004 to April 30, 2004, both days inclusive for the purpose of Annual Closing. | Mar 15, 2004 |
| Nestlé India FY 03 results on March 15, 2004 | Nestlé India Ltd has informed BSE that the Audited Financial Results for the year ended December 31, 2003 shall be considered by the Board of Directors at its meeting to be held on March 15, 2004. | Feb 27, 2004 |
| Nestlé FY03 results by March 31, 2004 | Nestlé India Ltd has informed BSE that the company would be publishing audited financial results for the year ended December 31, 2003 within stipulated period of 3 months after the year end. The audited results would be considered at the Board Meeting proposed in the month of March 2004, the date for which would be intimated separately. Consequently, the Company would not be publishing the unaudited financial results for the fourth quarter ended December 31, 2003. | Jan 16, 2004 |
| Nestlé declares second interim dividend | The Board of Directors of Nestlé India Ltd at their meeting held today (December 05, 2003) has declared the second interim dividend of Rs 10 per share for the year ended December 31, 2003. | Dec 05, 2003 |
| Nestlé - 2nd Interim Dividend to be considered on December 5, 2003 | Nestlé India Ltd has informed BSE that the Board of Directors shall consider declaration of second Interim dividend for the year 2003, if any on December 5, 2003. | Noc 12, 2003 |
| Nestlé fixes Record Date | Nestlé India Ltd has fixed December 11, 2003 as Record Date for determining the entitlement of shareholders to the 2nd Interim Dividend for the year, 2003, if any, as may be declared by the Board of Directors at a later date. | Nov 10, 2003 |
| Nestlé- Press Release | Chairman & Managing Director of Nestlé India, Mr. Carlo Donati expresses satisfaction on the company’s performance but maintains caution "Current GDP projections indicate improved growth in the economy but the general feel good factor is mainly triggered by sectorial good performance which is not really being observed in the FMCG arena. Hopefully the full impact from the good monsoon will help generate additional demand for FMCG in general and for Nestlé products in particular." | Oct 31, 2003 |
| Nestlé announces Q3 results | Nestlé India Ltd has posted a net profit of Rs 759.90 million for the quarter ended September 30, 2003 as compared to Rs 440.80 million for the quarter ended September 30, 2002. Total income has increased from Rs 5299.30 million in the SQ-02 to Rs 5742 million in the quarter ended September 30, 2003. | Oct 31, 2003 |
| Nestlé Q3 results on Oct 31, 2003 | A meeting of the Board of Directors of Nestlé India Ltd will be held on October 31, 2003 to consider the unaudited financial results of the company for the quarter ended September 30, 2003. | Oct 16, 2003 |
| Nestlé to discontinue Water Business | Nestlé India Ltd has informed BSE that pursuant to review of Water Business being conducted since last year, the company has assessed that the financial returns even in the longer term are unsatisfactory. Accordingly, Nestlé India would be discontinuing the water business. | Aug 26, 2003 |
| Nestlé announces Q2 results | Nestlé India Ltd has posted a net profit of Rs 669.70 million for the quarter ended June 30, 2003 as compared to Rs 583.30 million for the quarter ended June 30, 2002. Total income has increased from Rs 5202.20 million in the JQ-02 to Rs 5525.40 million in the quarter ended June 30, 2003. The Board of Directors has declared an Interim Dividend of Rs 10/- per share for the year 2003. | Jul 31, 2003 |
| Nestlé Q2 Results on July 31, 2003 | The Meeting of the Board of Directors of Nestlé India Ltd will be held on July 31, 2003, to take on record the Unaudited Financial Results for the quarter and half year ended June 30, 2003. | Jul 10, 2003 |
| Nestlé Board to consider Interim Dividend | Nestlé India Ltd has informed BSE that the Board of Directors shall consider declaration of Interim Dividend for the year, 2003, if any, on July 31, 2003. | Jul 10, 2003 |
| Nestlé India fixes record date for interim dividend | Nestlé India Ltd informs BSE that the record date has been fixed as August 6, 2003 for determining the entitlement of the shareholders to the Interim Dividend for the year ending December 31, 2003, if any, as may be declared by the Board of Directors at a later date. | Jul 07, 2003 |
| Nestlé India announces Q1 Results | Nestlé India Ltd has posted a Net Profit of Rs 747.00 million for the Quarter ended March 31, 2003 (MQ-03) as compared to a Net Profit of Rs 614.40 million for the Quarter ended March 31, 2002 (MQ-02). Total Income has increased from Rs 5346.50 million in MQ-02 to Rs 6091.50 million in MQ-03. Mr. Carlo Donati Chairman & Managing Director said, "The steady growth in sales and profits in recent years, even in a rather depressed economic environment is an outstanding achievement. We will continue to look for ways and means to offer value-for-money and focus on products that provide nutrition, wellness and convenience in today's challenging lifestyle." | Apr 30, 2003 |
| Nestlé India Q1 results on Apr 30, 2003 | A meeting of the Board of Directors of Nestlé India Ltd is proposed to be held on April 30, 2003 to consider the Unaudited Financial Results of the Company for the first Quarter ended March 31, 2003. | Apr 17, 2003 |
| Nestlé India leverages culture of innovation & renovation Reveals 'Nestlé Development Nutrition Plan' | Nestlé India Ltd today (March 27, 2003) rolled out the Nestlé Development Nutrition Plan for infant weaning and launched its infant food CERELAC 123 as a range of products graded to the needs of infants in each stage of the plan. Chairman & Managing Director of Nestlé India, Mr. Carlo Donati stated "The Nestlé Development Nutrition Plan is another excellent example of the Nestlé Culture of Innovation & Renovation to provide nutrition, wellness and safe food. The Nestlé Development Nutrition Plan is a scientific approach to proper nutrition in the crucial months of weaning. It is based on the understanding that during weaning infants go through three distinct stages of eating experience and their food needs to be carefully formulated to fulfill the right physical and nutritional needs during each stage. CERELAC 123 has been accordingly designed to ensure that the infant has a different eating experience at each stage of development and thus provides balanced nutrition as well as facilitates a proper food acceptance pattern." | Mar 27, 2003 |
| Nestlé India - Press Release on FY-02 Results | Commenting on the performance during 2002 Mr. Carlo M Donati Chairman and Managing Director of Nestlé India Ltd stated "The steady growth in sales and profits in the depressed economic environment is an outstanding achievement. Nestlé India team has again demonstrated its ability to stay focussed in its efforts for business excellence and continuous innovation and renovation to deliver value to consumers. I am concerned with the economic outlook but I am reassured that we have a capable, committed and professional team that has set high benchmarks for itself and can be expected to further consolidate on the trust that consumers place in the Nestlé Brands." | Mar 07, 2003 |
| Nestlé India announces Q4 & FY-02 Results | Nestlé India Ltd has posted a net profit of Rs 2015.20 million for the year ended December 31, 2002 (FY-02) as compared to a Net Profit of Rs 1731.50 million in the previous year ended December 31, 2001 (FY-01). Total Income has increased from Rs 19372.30 million in FY-01 to Rs 20755.80 million in FY-02. The Company has posted a net profit of Rs 376.70 million for the Quarter ended December 31, 2002 (DQ-02) as compared to a Net Profit of Rs 361.60 million in the Quarter ended December 31, 2001 (DQ-01). Total Income has increased from Rs 4756.10 million in DQ-01 to Rs 4907.80 million in DQ-02. The Register of Members and Share Transfer Books of the Company will remain closed from April 24, 2003 to April 30, 2003, both days inclusive for the purpose of Annual Closing. | Mar 07, 2003 |
| Nestlé India FY-02 results on Mar 07, 2003 | Nestlé India Ltd has informed BSE that the Audited Financial Results for the year ended December 31, 2002 would be considered at the Board Meeting to be held on March 07, 2003. As the company would be publishing Audited Financial Results for the year ended December 31, 2002 the Unaudited Financial Results for the Quarter ended December 31, 2002 shall not be published. | Feb 20, 2003 |
| Nestlé India FY-02 results by March 31, 2003 | Nestlé India Ltd has informed BSE that the company would be publishing Audited Financial Results for year ended December 31, 2002 within the stipulated period of three months after the year end. The Audited Results would be considered at the Board meeting proposed in the month of March 2003. Consequently the company shall not be publishing the Unaudited Financial Results for the fourth quarter ended December 31, 2002. | Jan 20, 2003 |
| Nestlé India declares Interim Dividend for the year 2002 | Nestlé India Ltd has informed BSE that the Board of Directors has declared today (December 05, 2002) Interim Dividend of Rs 18 per Equity Share for the year 2002. The dividend is subject to deduction of applicable tax at source. The Company had earlier informed that the Interim Dividend is proposed to be paid on/from December 20, 2002. | Dec 05, 2002 |
| Nestlé India clarifies on News Item | With reference to a News Item published in a leading financial daily titled "Nestlé to sell biscuits arm Excelsia to Parson", Nestlé India Ltd has clarified that it does not have any shareholding in Excelsia Foods Pvt Ltd. Excelsia Foods is a wholly owned subsidiary of Nestlé S A, Switzerland. So the press item does not relate to Nestlé India Ltd. | Dec 05, 2002 |
| Nestlé India Board to consider declaration of Interim Dividend | Nestlé India Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on December 05, 2002 to consider declaration of Interim Dividend for the year 2002 if any. The Interim dividend for the year, 2002, if any, so declared shall be paid on/after December 20, 2002. Earlier the Company had informed that it has fixed December 11, 2002 as the record date for the said purpose. | Nov 26, 2002 |
| Nestlé fixes record date for Interim Dividend | Nestlé India Ltd has informed BSE that December 11, 2002 has been fixed as a record date for determining the entitlement of the shareholders to the interim dividend for the year 2002, if any, as may be declared by the Board of Directors at a later date. | Nov 11, 2002 |
| Nestlé India satisfied with performance and will remain focussed | Mr. Carlo M Donati, Chairman & Managing Director and Mr. Michael T Scales, Director Finance & Control restated Nestlé India's commitment to the economic model that focuses on seven value drivers that are a mix of sales growth, capital efficiency and profit margins. They also reiterated commitment to the four strategic pillars for the company's operations-low cost operations, innovation & renovation, improved product availability and effective consumer communications. Mr. Donati said, "We are clear in our strategy and the search for excellence continues. Nestlé India has continued to grow the domestic market even though the performance of FMCG companies has not been particularly healthy. I am optimistic that continued focus on our business and ongoing initiatives to facilitate innovation and renovation, distribution management and consumer communications will help us to sustain our performance." | Nov 08, 2002 |
| Nestlé announces Q3 results | Nestlé India Ltd has posted a net profit of Rs 440.80 million for the quarter ended September 30, 2002 as compared to Rs 526.70 million in the quarter ended September 30, 2001. Total Income has decreased from Rs 5360.10 million in SQ-01 to Rs 5299.30 million in the quarter ended September 30, 2002. The uncertain market conditions and weak consumer confidence persisted through the third quarter with drought like conditions and falling monsoons in many parts of the country weakening the market. Impact on Nestlé’s business was mitigated, as the company continued to focus on efforts to better understand and anticipate consumer needs to enable it to develop products that provide nutrition and wellness. Improved product portfolio, rationalisation of distribution costs, value for money and affordability continued to be thrust areas. The company maintained its emphasis on continuous improvement and the implementation of best practices to support its efforts for long term sustainable and profitable growth. | Oct 31, 2002 |
| Nestlé Q3 results on October 31, 2002 | Nestlé India Ltd has informed BSE that the Board of Directors shall consider the unaudited financial results of the Company for the third quarter ended September 30, 2002 at the Board meeting proposed to be held on October 31, 2002. | Oct 18, 2002 |
| Nestlé India clarifies on news item | With reference to the news item "Nestlé lines up Rs 100 crore investment in dairy segment" appearing in a leading financial daily, Nestlé India Ltd has informed BSE that the amount of Rs 1000 million is not only for the dairy segment but is a broad indication, based on past investments made, of the possible total Company investment in all sectors of its business such as Production, Information Technology, Distribution etc. The Company has further informed that the Company has entered into businesses like bottled water, Chilled dairy including Dahi and Nestlé UHT Milk, which require sustained marketing support. The figure as stated in the article is a broad and general estimate and actual expenses will depend on the dynamic and competitive environment and the business requirements. | Sep 09, 2002 |
| Nestlé India Q2 net up by 30.37% | Nestlé India Ltd has posted a net profit of Rs 583.30 million for the quarter ended June 30, 2002 as compared to Rs 447.40 million for the quarter ended June 30, 2001. Total Income has increased from Rs 4717.40 million for the quarter ended June 30, 2001 to Rs 5202.20 million in the quarter ended June 30, 2002. Chairman & Managing Director Mr. Carlo M Donati cautions regarding the difficult market environment but expresses pride in the Nestlé team. "I am happy with the results achieved for the quarter & for the first half of the year, but sustainable growth continues to be under pressure. Difficult market conditions, weak consumer sentiment, particularly in the FMCG area, could be further compounded by the unfortunate possibility of a failing monsoon & may impact the performance for the second half of the year. | Jul 30, 2002 |
| Nestlé H1 results on July 30, 2002 | Nestlé India Ltd has informed BSE that Board Meeting is scheduled to be held on July 30, 2002 to consider the unaudited financial results for the second quarter and half year ended June 30, 2002. | Jul 08, 2002 |
| Nestlé clarifies on news item | With reference to news item in today’s press that the Enforcement Directorate has filed prosecution against Nestlé India and some of its officials, alleging irregularities under FERA in some coffee exports to Russia during 1995-96, Nestlé India Ltd has informed BSE that it refutes the allegations that there was any irregularity in relation to the coffee exports during 1995-96. Nestlé India is professionally run and promotes the highest standards of honesty, integrity and work ethics within the organisation. All exports were done in accordance with the applicable regulations and all export proceeds have been received by Nestlé India through authorised banking channels. Appropriate action is being taken to clear these allegations against the Company and its officials. | Jun 01, 2002 |
| M T Scales appointed as Director- Fin & Control of Nestlé India wef June 17, 2002 | Nestlé India Ltd has informed BSE that the appointment of Mr. Michael T. Scales as Director - Finance & Control of the Company shall be effective from June 17, 2002. | May 23, 2002 |
| Nestlé India cautious but expects to sustain performance | Nestlé India Ltd has informed BSE that its economic model focuses on seven value drivers that are a mix of sales growth, capital efficiency and profit margins. This focus and the thrust on Innovation and Renovation has helped the company to improve internal efficiencies and introduce products that consumers want and thereby achieve topline growth and sustained profitability despite the difficult environment. Mr. Carlo M. Donati stated "It is difficult to predict what growth we can achieve in the coming months since the future is a function, amongst other things, of the GDP growth rate, social and political stability and raw material prices. However, with the initiatives implemented by my team over the past 3 years we have achieved efficiencies in our operations that should help us. We will continue to implement 'Best practices' and emphasise 'Continuos improvement' as a culture so that we constantly optimize our costs and the effectiveness of our spends.' | May 07, 2002 |
| Nestlé Q1 net up by 55.05% | Nestlé India Ltd has posted a net profit of Rs 614 million for quarter ended March 31, 2002 as compared to Rs 396 million for corresponding period last fiscal. The total income has increased from Rs 4537 million in MQ 2001 to Rs 5346 million in MQ 2002 This is due to increased sales coupled with benefits resulting from favorable commodity prices, which have now started to firm up. | Apr 30, 2002 |
| Nestlé Q1 results on April 30, 2002 | A meeting of the Board of Directors of Nestlé India Ltd is scheduled to be held on April 30, 2002 to consider the unaudited financial results for the quarter ended March 31, 2002. | Apr 11, 2002 |
| Nestlé fixes Book Closure for AGM | Nestlé India Ltd has informed BSE that the register of members and share transfer books of the Company shall be closed from April 26, 2002 to April 30, 2002 both days inclusive for the purpose of AGM. | Mar 23, 2002 |
| Nestlé Board cancels proposed interim dividend | Nestlé India Ltd has informed BSE that the Board of Directors shall not be considering declaration of any interim dividend for the year 2002 on March 18, 2002. Consequently the record date for interim dividend (March 23, 2002) also stands cancelled | Mar 11, 2002 |
| Nestlé Q4 net up by 133.54%, FY-01 net up by 46.03% | Nestlé India Ltd has posted a net profit of Rs 362 million for the quarter ended December 31, 2001 as compared to Rs 155 million in the corresponding period last fiscal. Total Income has increased from Rs 4435 million in DQ-2000 to Rs 4755 million in the quarter ended December 31, 2001. The company has posted a net profit of Rs 1732 million for the year ended December 31, 2001 as compared to Rs 1186 million in the previous year ended December 31, 2000. Total Income has increased from Rs 16882 million in the year ended December 31, 2000 to Rs 19372 million in the year ended December 31, 2001. Net profit for the year has increased by 46% over 2000. Of this 6.7% is due to a statutory change in accounting policy (Deferred Taxation) relating to provision for taxation .The balance increase of 39.3% is mainly due to increased sales, lower commodity prices and improved asset rotation which have been partially offset by the costs associated with Water, Liquid Milk/ Chilled Dairy business. Also the lower provision for contingencies and reduction in income tax rate has contributed to the increase in net profit. Chairman & Managing Director Mr. Carlo M Donati states "The year that has gone by clearly demonstrated the strength of Nestlé brand and the ability of its team to stay focussed and innovative in difficult conditions. The year 2001was a difficult year for the Industry and excellent results by Nestlé India during this period only reflects the integrity, pragmatism and the professionalism of the Nestlé India team and its determination to succeed in an increasingly competitive environment" | Mar 06, 2002 |
| Nestlé to consider interim dividend on March 18, 2002 | A meeting of the Board of Directors of Nestlé India Ltd is scheduled to be held on March 18, 2002 to consider the declaration of Interim Dividend @ of about Rs 6.00 per equity share. The company has further informed that any interim dividend for 2002 declared by the Board of Directors on March 18, 2002 is proposed to be paid from March 28, 2002. | Mar 06, 2002 |
| Nestlé India fixes record date for interim dividend | Nestlé India Ltd has fixed the record date as March 23, 2002 for determining the entitlement of the shareholders to interim dividend for 2002 if any as may be declared by the Board of Directors at a latter date. | Mar 01, 2002 |
| Nestlé Clarifies on Press News that Nestlé SA is acquiring shares in Nestlé India to delist | A Section of media has reported that Nestlé S A Switzerland is acquiring shares in Nestlé India Ltd as a part of its goal to delist the company. In this regard Nestlé India has received a clarification from Nestlé S A Switzerland which is reproduced hereunder "A Section of media has reported that Nestlé S A Switzerland is acquiring shares in Nestlé India Ltd as a part of its goal to delist the company. It is clarified that there is no specific proposal by Nestlé S A, Switzerland to delist the company Nestlé S A, Switzerland shall be seeking approval of the GOI to acquire upto 10% equity in Nestlé India Ltd as and by way of creeping acquisition under the Indian Laws. The approval is only to enable Nestlé S A, Switzerland to acquire the shares in case it so desires The current shareholding of Nestlé Group, Switzerland in Nestlé India Ltd is 53.96% and in case the proposal for additional 10% equity is fully implemented, the shareholding would increase to 63.96%. | Feb 26, 2002 |
| Nestlé SA to seek approval from GOI to acquire upto 10% of the equity shares on Nestlé India | Nestlé India Ltd has informed BSE that Nestlé S A Group, Switzerland which currently holds 53.96% of the total paid up capital of Nestlé India Ltd, are seeking approval of Government of India to acquire upto 10% of the equity shares of the company from other shareholders of the company as and by way of creeping acquisition. Subject to necessary approvals being received, the purchase of equity shares of Nestlé India Ltd would be to the extent of shares available at a price which is acceptable to Nestlé SA Switzerland. | Feb 25, 2002 |
| Nestlé India FY-01 results on March 06,2002 | Nestlé India Ltd has informed BSE that the audited Financial results for the year ended December 31,2001 shall be considered by the Board of directors at their meeting proposed to be held on March 06,2002. Further the Board will also consider recommendation of final Dividend for the year ended December 31, 2001 if any | Feb 21, 2002 |
| Nestlé announces change in Director | Nestlé India Ltd has informed BSE that Mr. Jean Marc Waelti, Director - Finance & Control of the Company, would be taking up a new assignment with Nestlé Japan, which would be effect from May 1, 2002. | Feb 07, 2002 |
| Nestlé clarifies on news item | With reference to the news article captioned "Nestlé may pick stake in Dynamix" appearing in a leading financial daily, Nestlé India Ltd has informed BSE that the Company has been always willing to consider opportunities which further strengthens its manufacturing resources, Nestlé picking up an equity stake is one of the possible options. The Company has further informed that it sources UHT Milk and some milk products from Dynamix Dairy, but has not entered into any negotiations or agreement. | Feb 05, 2002 |
| Nestlé to publish FY-01 results by March 31, 2002 | Nestlé India Ltd has informed BSE that the company will be publishing audited financial results for the year ended December 31, 2001 within the stipulated period of 3 months after the year end. The Audited Resutls would be considered at the Board Meeting proposed in the month of March 2002, date of which will be announced later. Consequently, the Company shall not be publishing the Unaudited Financial Results for the fourth quarter ended December 31, 2001. | Jan 23, 2002 |
| Nestlé Group holding in Nestlé India at 53.27% | Nestlé India Ltd has informed BSE that there has been a change of 1948500 shares (2.02%) in the equity shareholding of the promoters and persons having control over the company since the last disclosure made with regard to last book closure from June 16, 2001 for the purpose of annual closing and payment of dividends. The shareholding of the promoters and the persons having control over the company as on December 11, 2001 i.e. the record date relevant for payment of dividends is as under. Name No of shares % of shareholding Nestlé SA Switzerland 2390088 24.79 Nestlé's Holding Ltd (C/o Callenders Sawyer Klonaris & Smith) 27463680 28.48 Total Nestlé Group Shareholding 51364548 53.27 The total shareholding on June 16, 2001 of Nestlé Group was 49416048 equity shares representing 51.25% of the equity capital. The aforesaid disclosure was made under Regulation 8(3) of the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 1997. | Jan 10, 2002 |
| Nestlé India announces Interim Dividend of Rs 10 per share | Nestlé India Ltd has informed BSE that the Board of Directors of the Company, at their meeting held today (December 05, 2001) has declared a Second Interim Dividend of Rs 10 per equity share (Rupees Ten per equity share) for the year 2001. The Second Interim Dividend of Rs 10/- per equity share is proposed to be paid on/ from 20th December, 2001. | Dec 05, 2001 |
| Nestlé to consider second interim dividend on Dec 05, 2001 | Nestlé India Ltd has informed BSE that the Board of Directors of the company will consider declaration of second interim dividend for the year 2001, if any, on December 05, 2001. The second interim dividend for 2001, if any, shall be paid on/after December 20, 2001. | Nov 06, 2001 |
| Nestlé fixes record date for second interim dividend | Nestlé India Ltd has informed BSE that the Company has fixed December 11, 2001 as the record date for determining the entitlement of the shareholders to second interim dividend for 2001, if any, as may be declared by the Board of directors at a later date. | Nov 01, 2001 |
| Nestlé Q3 net profit up by 39.05% | Nestlé India Ltd has posted a net profit of Rs 527 million for the quarter ended September 30, 2001 as compared to Rs 379 million for the corresponding period last fiscal. Total Income has increased from Rs 4722 million in SQ 2000 to Rs 5361 million in the quarter ended September 30, 2001. Out of the increase of net profit by 39.05% (11.60% increase) is due to a change in accounting policy i.e. due to implementation of accounting standard AS-22 in line with SEBI guidelines. The balance increase of 27.40% is mainly due to increased sales, lower commodity prices and improved asset rotation which have been partially offset by the costs associated with Water, Liquid milk/Chilled dairy businesses. The lower provision for contingencies and reduction in income tax rate also contributed to the increase in net profit. Commenting on the performance of the company after the Board meeting, Nestlé India Chairman & Managing Director, Mr. Cairo M Donati stated " The continuing excellent performance of Nestlé India reflects the integrity of the Nestlé culture. The focus on consumer and the professionalism of our executives has sustained innovation and renovation within the company and their pragmatic attitude has ensured excellent top-line and impressive bottom-line contribution for Nestlé India. However despite these strengths, the uncertain and difficult domestic and international market environment coupled with the seasonality factors will impact our performance in the fourth quarter." | Oct 31, 2001 |
| Nestlé Q3 results rescheduled on October 31, 2001 | A meeting of the Board of Directors of Nestlé India Ltd has been convened on October 31, 2001 to consider the unaudited financial results for the quarter ended September 30, 2001. Earlier the Board meeting was convened on October 29, 2001 for consideration of the results for the quarter ended September 30, 2001 | Oct 16, 2001 |
| Nestlé Q3 results on October 29, 2001 | Nestlé India Ltd has informed BSE that their Board proposes to meet on October 29, 2001, where it shall consider the Unaudited Financial Result for the third quarter ended September 30, 2001. | Oct 09, 2001 |
| Nestlé India announces change in management structure | Nestlé India Ltd has informed the BSE that the Board of Directors of the Company at its meeting held on July 27, 2001 has effected the following changes: 1. Mr. B M Khaitan Non Executive Director shall cease to be a Director of the Company with effect from 1st October 2001 consequent upon his resignation from that date 2. Mr. Rajendra S Pawar has been appointed as a Non Executive Director of the Company in place of Mr. B M Khaitan with effect from 1st October 2001. Mr. Rajendra S Pawar Chairman and Managing Director NIIT Ltd is a leading and well known personality in the field of Information Technology. His appointment as a Director of the Company would be of immense benefit to the Company and would add a valuable perspective to the Board of Directors. | Jul 28, 2001 |
| Nestlé Q2 net profit up by 20.48% | Nestlé India Ltd has posted a net profit of Rs 447 million for the quarter ended June 30, 2001 for the quarter ended June 30, 2001 as against Rs 371 million in the corresponding period last fiscal. Net Sales rose by 11.55%, from Rs 4198 million in the quarter ended June 30, 2000 to Rs 4683 million in the quarter ended June 30, 2001. While Domestic Sales grew at 11.9%, export sales for the quarter increased by 9.5%, mainly on account of exports to Russia. Other Income for the quarter ended June 30, 2001 is at Rs 36 million as against Rs 19 million in the quarter ended June 30, 2000. Interest Cost has declined from Rs 40 million in JQ 2000 to Rs 23 million in JQ 2001. The continuing lack of buoyancy in the economy has been a concern during the past months but did not affect the Company in any significant manner. During the quarter, the Company has maintained its thrust on improving availability of its products and of promoting packs and flavours in line with customer needs. The various brands of the Company have performed well and new products launched in the recent past reported trials and acceptance. The company management has expressed satisfaction with the performance during the quarter. Commenting on the performance Mr. Carlo Donati, Chairman & Managing Director Said "The excellent top-line growth and the contribution to bottom-line is the result of the increasing pace of innovation and renovation within the company. The focus on continuous improvement as a process in all areas is evident in the results for this quarter and cumulative results for the first half. Though our entry into new businesses and continuing lack-lustre markets may impact results in the near future, I am confident that the Company is moving in the right direction." | Jul 27, 2001 |
| Nestlé Q2 results on July 27, 2001 | A meeting of the Board of Directors of Nestlé India Ltd has been convened on July 27, 2001 to consider unaudited financial results for the quarter ended June 30, 2001. | Jul 10, 2001 |