MAM
Under #WomenBeTheChange Muthoot Pappachan Group undertakes humble yet, a unique initiative to help fight against the pandemic and empower women at the same time
Muthoot Pappachan Group (popularly known as Muthoot Blue) today announced its unique initiative #WomenBeTheChange, with the initial order of 100,000 masks made by women.
Sharing his thoughts on the initiative, Mr. Thomas Muthoot, promoter-Director – Muthoot Pappachan Group and Managing Director – Muthoot Microfin Limited, said, “In our Microfinance business we are serving about 2 million women, across small towns & villages now for years. Undaunted by the travails of a life full of strife, these women have demonstrated grit, determination and enterprise in building & managing economic activities towards a healthy & happy livelihood for their families. It’s, therefore, such an overwhelming thought for us at Muthoot Pappachan Group, to support the idea of these feisty women making Masks to help fight the pandemic. The Group has contributed in several other ways as have other organisations and individuals. However, #WomenBeTheChange is unique and serves a dual purpose in empowering women as well as, fighting the pandemic and we are so glad to be a humble part of the same”.
The unique #WomenBeTheChange initiative has been appreciated by various personalities across various walks of life. Padma awardee actress Ms. Vidya Balan tweeted, “Applauding Muthoot Pappachan Group’s humble effort”; Honorable Member of Parliament, Shri Shashi Tharoor tweeted, “Impressed & pleased to join @vidya_balan in applauding this initiative”; and, Cricket prodigy Mr. Prithvi Shaw tweeted, “Proud to be with @muthootindia and @vidya_balan, in their effort”
Brands
Nestlé India posts Rs 45,641 crore profit before tax in FY26
Strong cash flow of Rs 50,475 crore offsets higher costs, payouts.
MUMBAI: If there’s one thing brewing stronger than coffee this year, it’s Nestlé India’s balance sheet. The FMCG major closed FY26 with a solid financial performance, serving up steady growth even as costs and cash outflows kept the pressure simmering. For the year ended March 31, 2026, the company reported a profit before tax of Rs 45,641 crore, up from Rs 43,161 crore in the previous year. The numbers reflect resilience in core operations, supported by a strong consumption backbone across domestic and export markets.
Cash, meanwhile, was anything but idle. Nestlé India generated Rs 50,475 crore in net cash from operating activities, a sharp jump from Rs 29,345 crore last year highlighting robust underlying demand and improved working capital efficiency. Inventory reductions alone contributed Rs 2,809 crore, while trade payables rose by Rs 5,878 crore, adding further liquidity support.
But it wasn’t all smooth sailing. On the investing side, the company deployed Rs 8,297 crore towards property, plant and equipment, even as overall investing cash outflow stood at Rs 6,236 crore. Financing activities saw a significant drain, with Rs 31,794 crore flowing out driven largely by dividend payouts of Rs 23,139 crore and repayment of short-term borrowings.
The balance sheet tells a story of expansion with caution. Total assets rose to Rs 1,31,824 crore from Rs 1,21,933 crore, while equity climbed to Rs 51,569 crore, reflecting improved reserves and retained earnings. Cash and cash equivalents surged to Rs 13,205 crore, a sharp rise from Rs 761 crore a year ago, underscoring stronger liquidity despite heavy outflows.
Operationally, depreciation and amortisation expenses increased to Rs 6,992 crore, while finance costs and provisions continued to shape the cost structure. At the same time, working capital movements especially in inventories and receivables played a key role in boosting cash generation.
The broader takeaway? Nestlé India’s FY26 performance is less about headline growth and more about financial muscle. With strong cash flows cushioning rising investments and payouts, the company appears to be balancing expansion with discipline keeping its books as carefully measured as its recipes.
