Nestle India Limited (NESTLEIND)
Acquisition
Nestle India acquired 26% equity in Radiance KA Sunshine Seven Pvt Ltd for ₹7.61 Cr via share subscription. Radiance KA operates a 17.5 MW solar power plant in Karnataka and reported ₹15.8 Cr turnover in FY26. The acquisition supports Nestle's renewable energy and sustainability goals and meets captive user requirements under Indian electricity laws. Funded through internal accruals, completion expected within 30 days.
Source: Original filing PDF
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🚨 NESTLEIND — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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