MAM
LG launches Lead XI campaign for World Twenty20
MUMBAI: LG Electronics, which is a global sponsor of the International Cricket Council (ICC) events, has launched a campaign ‘Lead XI’ for the ICC World Twenty20 that takes place in the West Indies in April.
The consumer durable giant says that it is acknowledging the young talent and presenting ‘India’s future Star‘ on a global platform. The Lead XI contest ends on 28 February.
15 kids will be selected through a national level competition. The 30-second audio visual video needs to be uploaded on LG India website (www.lgindia.com) or submitted at one of the LG Best Brand Shoppe. A panel of independent judges selected by LG will judge the entries and select the winners. To witness the success of their kids, LG will also send one of the parents/guardians along with each winning child to West Indies.
LG Lead XI is an initiative embarked by the ICC and driven by LG Electronics. LG conducts a national level talent contest to select the children who would lead the Indian cricket team to the ground.
LG Electronics India MD MB Shin says, “LG India takes pride to make the Lead XI contest an integral part of ICC tournaments till the time LG is associated with ICC. Recognising the existing and growing passion for cricket in India, especially at the highest level of the game which is nation versus nation, we aim to make it an integral part of our marketing efforts as well. With the new brand identity on salver, LG Electronics aims to continue the strong relationship with cricket and bring innovation to the sport and its association with our consumers.”
Brands
Nestlé India posts 14.9 per cent sales growth, profit rises in FY26
FMCG major sweetens returns with dividend as strong domestic demand leads
NEW DELHI: Nestlé India has reported a strong financial performance for the year ended 31 March 2026, with sales and profits rising steadily on the back of robust domestic demand.
The company posted total income of Rs 231,949.5 million for FY26, up from Rs 202,645.5 million in the previous year, marking a growth of 14.9 per cent. Domestic sales remained the key driver, increasing 14.6 per cent to Rs 221,187.0 million, while exports contributed Rs 9,527.6 million to the overall tally.
The final quarter of the financial year added extra momentum, with total sales rising 23.4 per cent compared to the same period last year. This helped lift the company’s annual profit to Rs 35,446.0 million, up from Rs 33,145.0 million in FY25.
Shareholders are set to benefit as the board has recommended a final dividend of Rs 5.00 per equity share. This comes on top of the interim dividend of Rs 7.00 per share paid in February 2026. The record date for the final dividend has been fixed as 10 July 2026, subject to shareholder approval at the 67th Annual General Meeting scheduled for 3 July 2026. If approved, the payout will begin from 30 July 2026.
During the year, the company’s paid-up equity share capital doubled to Rs 1,928.3 million following a 1:1 bonus share issue, strengthening its capital base. The results were also supported by a Rs 1,207.8 million credit from exceptional items, including a Rs 2,023.2 million writeback from resolved income tax litigation, partially offset by restructuring costs and expenses related to new labour codes.
On the cost front, material costs rose to 44.8 per cent of sales for the full year, compared to 43.6 per cent in the previous year, reflecting ongoing input cost pressures. Despite this, the company maintained solid profitability, with EBITDA coming in at Rs 53,060.6 million.
Overall, Nestlé India’s performance underscores its ability to balance growth and margins in a challenging environment. With steady demand, disciplined cost management and consistent shareholder returns, the company appears well placed to carry its momentum into the next financial year.
