Business Standard

How Nestle braved Maggi mess to emerge stron­ger than ever in past 4 years

Between January and September, its net sales and net profit touched all-time highs of Rs 8,337.4 crore and Rs 1,265.17 crore

Nestle
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The move will see the company competes with Kellogg’s and PepsiCo

Arnab Dutta New Delhi
Nestlé India has emerged stronger than ever in the past four years. The food and beverage major, that continues to dodge threats of a revival of the 2015 crisis, now stands on firmer ground, compared to its pre-Maggi ban days.

Nestlé’s financial performance in the first nine months of 2018 reflects its standing. Between January and September, its net sales and net profit touched all-time highs of Rs 8,337.4 crore and Rs 1,265.17 crore, respectively. Its operating profit margin, too, is higher than the pre-ban levels, at 24.62 per cent, compared to 20.23 per cent in January-September 2014 period. Similarly,

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