Food-focused FMCG companies are pulling ahead of their personal care peers, with the recent quarterly results of Nestle India and Hindustan Unilever making the divergence unmistakable. Nestle’s robust food-led growth and HUL’s mixed performance highlight a structural shift in India’s consumer goods landscape: food is now driving the sector’s momentum, while personal care and home products face the limits of maturity.Nestle India’s domestic sales topped ₹52.3 billion in January-March, the highest in any quarter and a rise of over 4% year-on-year. The company’s net profit stood at ₹8.85 billion. This rise was powered by double-digit growth in Nescafe coffee and KitKat confectionery, and with Maggi noodles, resuming strong volume gains.
.png)
