Nestle India shares jump 5% despite Q2 profit tumbling 24% YoY; here’s why
Shares of Nestle India gained 5% to their day’s high of Rs 1,281 on the NSE on Thursday, October 16, following the company’s Q2 FY26 results. The company reported a 23.6% year-on-year (YoY) decline in standalone profit after tax (PAT) to Rs 753.2 crore, even as revenue from operations rose 10.6% YoY to Rs 5,643.61 … Read more