MAM
Gits celebrates the bond of Rakhiand Independence Day with #ThankYouBhaiya
MUMBAI: Gits Food Products Pvt. Ltd., the pioneers of convenience food in India, ahead of joyous festival of Raksha Bandhanand Independence Day has launched a new video, perfectly capturingthe essence of national brotherhood. Titled #ThankYouBhaiya – the digital film pays an ode to all the soldiers deploying their services to protect the country.
Conceptualized by Togglehead, the video showcases girls from VallabhdasDagara Indian Society for the Mentally Challenged in Mumbai creating handmade rakhis and writing letters to thank the brave hearts for standing tall and defending the country. The film unfolds a spectrum of emotions as individuals from the Army, Navy and the Air Force receive these sweet tokens of appreciation by Gits.
Commenting on the new video, Mr. Sahil Gilani, Director – Sales & Marketing, GITS Food said, “Last year,Gits launched the #ThankYouBhaiya campaign with a film which showed a girl thanking her ‘Bhaiyas’– the watchman, liftman and the office boy who ensure her safety and wellbeing. With Rakshabandhan and Independence Day coinciding this year, we thought of expressing our gratitude to the Army, Navy and Air Force who have always put their life on line to keep all of us safe.”
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.
