According to reports from CNBC TV18 and Goodreturns, Nestle India announced that its board of directors will meet on July 3 to consider the declaration of a special dividend for 2026 from the company's retained earnings. The company has also scheduled a separate board meeting for July 22 to review and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. As per the latest regulatory filing, if the special dividend is declared, it will share the same record date of July 10, 2026 as the final dividend, with both dividends to be paid on and from July 30, 2026. The July 3 meeting coincides with the company's 67th Annual General Meeting (AGM), where shareholders are expected to consider various company matters, including the approval of the final dividend for FY26. The special dividend consideration is based on shareholder approval at the AGM, with the company's board having previously approved a dividend of ₹5 per share on April 21.
As reported by CNBC TV18 and Goodreturns, the record date of July 10 for determining shareholders eligible for the final dividend for FY26 will also apply to any special dividend that may be declared by the board. Additionally, the company announced that its trading window for dealing in securities will remain closed from July 1 to July 24, both days inclusive, in view of the proposed dividend consideration and quarterly results announcement. According to the latest regulatory filing, the trading window closure is specifically from July 1, 2026 to July 24, 2026 (both days inclusive) to ensure proper compliance with dividend payment procedures. The closure period covers both the proposed special dividend consideration and the announcement of the company's first-quarter financial results.
According to CNBC TV18, Nestle India reported exceptional financial results for the quarter ended June 30, 2026. The company achieved a net profit increase of 26% from the previous year to ₹1,114 crore, significantly exceeding the CNBC-TV18 poll estimate of ₹998 crore. Revenue grew by 22.6% to ₹6,748 crore, surpassing the poll figure of ₹6,250 crore, while EBITDA increased by 27.6% year-on-year to ₹1,773 crore, higher than the expected ₹1,530 crore. The company has now set ₹5 per equity share as the final dividend amount for FY26, reflecting strong cash generation capabilities. The quarterly earnings will provide investors with insights into the performance of the FMCG major across its extensive portfolio of food and beverage products amid changing consumer demand and market conditions.
As reported by CNBC TV18, contrary to market expectations of margin contraction, Nestle India's margins expanded by 110 basis points to 26.3% from 25.2%, significantly outperforming the poll estimate of 24.5%. Chairman & Managing Director Manish Tiwary attributed the strong performance to the company's strongest quarterly growth in nearly a decade, driven by double-digit volume growth. The volume growth was supported by a 50% increase in advertising spends, as stated in the company's post-earnings statement. The company is known for household brands such as Maggi noodles, Nescafe coffee, KitKat chocolates, Milkmaid and Cerelac, positioning it as one of the country's largest fast-moving consumer goods companies.
According to CNBC TV18, shares of Nestle India ended 1.2% higher at ₹1,417.5 on Friday, with the stock gaining 10% in the first half of the year. The positive market response reflects investor confidence in the company's strong quarterly performance and potential special dividend consideration. The stock had hit its 52-week high of ₹1,498.10 per share on May 11, 2026, while its 52-week low of ₹1,084.70 was recorded on August 14, 2025. The latest regulatory filing confirms the company's commitment to returning value to shareholders through both regular and special dividend payments. Among the company's shareholders, 4.7 lakh small retail shareholders with authorized share capital up to ₹2 lakh hold an 8.11% stake, while close to 100 HNIs have a 3.96% stake. At the end of the March quarter, promoters held a 62.76% stake, with mutual funds holding 4.24%, LIC having 6.14%, and Foreign Portfolio Investors holding 9.74%.
