Nestlé India's net profit rises by 116% in Sept quarter
Nestlé India on Friday said net profit more than doubled, rising 116.9%, in the quarter ended September to ₹269.39 crore against the year-ago period. "We are now clearly in the leadership position in the instant noodles category, which vindicates consumer confidence and trust in Brand Maggi," Nestlé said. Notably, Maggi now has a 57% share of India's instant noodles market.