New Delhi, July 22 -- Shares of Nestle India surged more than 2 per cent to Rs 1,490 on Wednesday after the company reported a 47.9 per cent year-on-year increase in its profit after tax for the first quarter of FY2026-27 (April-June).

In an exchange filing, the company reporting the financial performance stated that its Profit After Tax (PAT) stood at Rs 975.1 crore during the quarter, up 47.9 per cent over the corresponding quarter of the previous year.

Nestle India also reported total sales of Rs 6,363.3 crore during the quarter, registering a 25.4 per cent growth. Domestic sales grew 25.0 per cent, while the company posted an EBITDA margin of 24.2 per cent. Earnings per share for the quarter stood at Rs 5.06.

The company said it fu...