CATL reported third-quarter revenue of 165.22 billion yuan, representing a 58.6% increase compared to the same period last year. Meanwhile, net profit attributable to shareholders increased by 14.5% to 21.25 billion yuan. These financial results were disclosed by the company on October 20.
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Nestle India reports 36% net profit growth and 20% revenue increase in the second quarter
The major Fast-Moving Consumer Goods (FMCG) producer, Nestle India, presented its second-quarter results, noting a 36.32 percent growth in consolidated net profit to INR 1,026.77 crore for the September quarter of fiscal year 27. This figure was compared to INR 743.17 crore in the same period last year.
The company's revenue from product sales in July-September 2027 fiscal year increased by 20.45 percent, reaching INR 6,782.17 crore, compared to INR 5,630.23 crore the previous year.
Manish Tiwari, Chairman and Managing Director, stated that the quarter was marked by continued strong and broad growth across all product categories. Total sales volume reached INR 6,782.2 crore, demonstrating a 20.5 percent growth, driven by confident double-digit volume increases.
The company continued to focus on operational efficiency while significantly increasing investments in its brands, boosting advertising and marketing expenses by 46 percent. Tiwari also noted that the EBITDA margin remained healthy at 23.8 percent.
Nestle India's total expenses in the reporting quarter rose by 17 percent to INR 5,405.55 crore. The company's domestic sales grew by 20.4 percent, reaching INR 6,514.74 crore in the September quarter of fiscal year 2027, up from INR 5,411.02 crore in the corresponding period of the previous fiscal year.
Furthermore, Nestle India's export revenue increased by 22 percent, amounting to INR 267.43 crore. Total income in the second quarter of fiscal year 2027 reached INR 6,808.6 crore, which is 20.52 percent higher than INR 5,649.150 crore the previous year. At mid-day trading, Nestle India shares were trading at INR 1,332.70 on the BSE, down by 3.7 percent.