New Delhi, Oct. 19 -- No party lasts forever, and Nestle India Ltd has had a good one lately. The packaged-foods company has seen four quarters of solid year-on-year revenue growth. While revenue growth (domestic plus export sales) has tapered from a multi-quarter high of 25.4% in the June quarter to 20.5% in the September quarter (Q2FY27), it is remarkable nonetheless. Growth in Q4, Q3 and Q2 of FY26 was 23.4%, 18.5% and 10.9%, respectively.

Q2FY27 revenue at Rs.6,782 crore was supported by double-digit volume growth. But the stock fell 7.7% on Thursday after the broadly in-line Q2 results were out, and fell marginally again on Friday. Perhaps, investors are now noting that Nestle India's growth momentum could slow ahead, as the benefit...