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  1. Nestlé India shares up 1.6% as board to consider issuance of first-ever bonus shares

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Nestlé India shares up 1.6% as board to consider issuance of first-ever bonus shares

Upstox

2 min read | Updated on June 20, 2025, 09:22 IST

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SUMMARY

Nestlé India share price: If passed by the board, this will be Nestlé India’s first bonus share issue. In January 2024, the company announced a stock split in the ratio of 1:10.

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Nestle India

FMCG major Nestle India Ltd reported a decline of 6.5% in consolidated net profit at ₹873.46 crore for the March quarter of 2024-25 (/Q4 FY25). | Image: Shutterstock

Nestle India share price: Shares of Nestlé India, the FMCG major, surged as much as 1.62% to ₹2,356.60 apiece on the NSE in the early trade on Friday, June 20, as the company on Thursday announced its board of directors will hold a meeting to consider the issuance of bonus shares on June 26.

“This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 26th June 2025, to inter alia consider and approve the proposal for issue of bonus shares, subject to the requisite approval,” Nestle India said in a regulatory filing dated June 19.

If passed by the board, this will be Nestlé India’s first bonus share issue.

In January 2024, the company announced a stock split in the ratio of 1:10.

Nestlé India Q4 FY25 Results

FMCG major Nestle India Ltd reported a decline of 6.5% in consolidated net profit at ₹873.46 crore for the March quarter of 2024-25 (/Q4 FY25).

The company had posted a net profit of ₹934.17 crore in the January-March period a year ago, Nestlé India said in a regulatory filing.

Nestle India's revenue from the sale of products was up 3.67% to ₹5,447.64 crore in the March quarter. It was at ₹5,254.43 crore in the corresponding period of the last fiscal year.

In the March quarter, total expenses of Nestle India were at ₹4,307.76 crore.

Nestle India's domestic sales were up 4.24% to ₹5,234.98 crore, as against ₹5,021.61 crore in the corresponding period of the January-March quarter.

The company's exports were down 8.65% to ₹212.66 crore.

"This quarter we witnessed double-digit growth in beverages and confectionery, with 3 out of 4 product groups delivering healthy growth. Our domestic sales crossed the ₹5,235-crore mark, the highest ever in any quarter, supported by improving volume growth," Nestle India Chairman and Managing Director Suresh Narayanan said.

SENSEX rejig to come into effect on June 23

Meanwhile, shares of Nestle India will also be in focus as the SENSEX rejig that was announced in May will take effect on Monday, June 23.

As regards the SENSEX rejig, Asia Index, the benchmarks and market intelligence arm of BSE, said that Tata Group-owned Trent and state-owned Bharat Electronics will replace Nestle India and IndusInd Bank in the 30-share SENSEX.

(With inputs from PTI)
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