Nestle India’s net profit down 4.3 per cent; acquires Purina Petcare
In terms of categories, milk products and nutrition, confectionery and beverages witnessed double-digit growth across brands.
The delicious story of how Milkmaid became the byword for condensed milk in India
Colonialism brought condensed milk to India. And it was colonialism, with capitalism, that made Milkmaid a pantry staple in urban kitchens.
Nestle’s pricing power to play rescue act in trying times
In CY21, gross margin dipped y-o-y, but lower ad spends helped Ebitda margin improve. Costs outlook is firm in CY22, but Nestle’s strong pricing power should help.
Pay Upto 16% More For Maggi; Nestle Milk Becomes Expensive| HUL, Nestle Hike Price
Prices have surged for almost all consumer goods across almost categories, the most recent product in the category is Nestle’s Maggi.
