Nestle India Q2 Results Preview: Revenue seen rising 20%, PAT may jump 37%; margins in focus

Nestle India, the company behind popular brands such as Maggi, Nescafé, is expected to report strong growth in its September quarter results.

In a stock exchange filing, Nestle India said its board of directors would meet on October 15 to consider the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026.

The company has also closed its trading window from October 1 to October 17, 2026, both days inclusive, in line with SEBI's insider trading regulations.

Investors will watch revenue growth, profit margins and management's comments on consumer demand and raw material prices.

According to Zee Business estimates, Nestle India's consolidated revenue may rise 20.1 per cent year-on-year (YoY) to Rs 6,780 crore in Q2 FY27, compared with Rs 5,644 crore in the same quarter last year.

The company's operating profit, or EBITDA, is expected to grow 28 per cent YoY to Rs 1,583 crore from Rs 1,236 crore. The EBITDA margin, which shows how much the company earns from its revenue before interest, tax, depreciation and amortisation, is estimated to improve to 23.3 per cent from 21.9 per cent.

Zee Business estimates that Nestle India's net profit may increase 37 per cent YoY to Rs 1,018 crore from Rs 743 crore in the year-ago quarter.

According to Zee Business estimates, Nestle India's domestic volume growth could be around 12-14 per cent in the September quarter. The domestic business is expected to grow 18 per cent, while exports may increase around 20 per cent.

Volume growth is important because it shows whether the company is selling more products, rather than increasing revenue only through price hikes.

The confectionery and beverages businesses are expected to support growth during the quarter, according to Zee Business estimates. Investors will watch how products across these categories perform and whether consumer demand remains strong.

Zee Business estimate suggests that Nestle India's gross profit margin could improve by around 170 basis points in Q2 FY27. One basis point is one-hundredth of a percentage point.

The company's EBITDA margin is also expected to rise to 23.3 per cent from 21.9 per cent a year ago, according to Zee Business estimates.

However, the impact of milk and coffee inflation in the year-ago period will be important when comparing the latest results. Analysts expect that raw material prices affect how much the company spends on making its products and can influence its profit margins.

Investors will focus on input costs and the steps the company is taking to manage them.

Investors will look for signs of whether volume growth can continue in the coming quarters. Any update on milk and coffee prices could also help explain the outlook for profit margins.

Export growth will be another important factor. According to Zee Business estimates, exports could grow around 20 per cent in the September quarter.