Nestle India, the Indian subsidiary of Nestle S.A., is set to announce its financial results for the March quarter on April 21. Analysts expect a revenue increase of 13.5% year-on-year, reaching ₹6,250 crore compared to ₹5,503.9 crore in the previous year. Profit after tax is projected to rise 12.7% to ₹998 crore, up from ₹885.4 crore. The company's EBITDA is likely to grow 10% to ₹1,530 crore, although the EBITDA margin may slightly decline to 24.5% from 25.2%. This growth is anticipated to be driven by a 9-11% increase in domestic volumes, alongside a 4-5% contribution from pricing and product mix. Export revenue is also expected to remain robust, with a growth forecast of 12-14% year-on-year. The quarter's performance may benefit from the normalization of trade channels after disruptions caused by the Goods and Services Tax (GST). However, gross margins could contract by 50-60 basis points due to rising raw material costs, particularly in milk and coffee, despite a decrease in cocoa prices. The company's management is expected to provide insights on the impact of unseasonal rains on out-of-home consumption and potential supply chain disruptions linked to geopolitical tensions in the Middle East. Nestle India aims for strong volume-led growth in 2026, targeting margins between 22-24% and anticipating that rural demand will grow at least 1.5 times the overall business growth.