A lively Kissan ad displaying people happily pairing various Indian street food and snacks with different flavors from their Great Indian Chutneys range.. Foods

Foods

Transforming Foods & Beverages by redefining taste, nutrition and innovation In India

Business review of the year

F Y’26 marked a year of shifting gears and purposeful momentum for the Foods category, supported by continued portfolio transformation and focused investments in high-growth demand spaces. Overall, the business delivered 5% U S G driven by mid-single digit U V G, with a meaningful performance step-up in each quarter. Growth was broad-based across Beverages, Lifestyle Nutrition and Packaged Foods, reflecting the impact of strategic portfolio interventions, innovation investments, strengthened channel capabilities and executional excellence. Looking ahead, the Foods business is well‑positioned to benefit from an improving macro‑economic environment and structural demand tailwinds reshaping consumption in India.

  • ₹14,061 Crores. Revenue
  • 5% . Underlying Sales Growth
  • Mid-single digit. Underlying Volume Growth
  • 20%. Segment Margin
  • 22%. Contribution to H U L
  • Tea maintained its value & volume. market leadership
  • Strong double-digit growth. in Coffee
  • Pivot from HFD to Lifestyle Nutrition, . with high-single digit U V G

This year, we steered a step-up in our Foods business. We reignited brand love through purposeful marketing, sharpened our innovation engine and drove discipline in market execution to return to a strong growth trajectory. We are committed to accelerate this momentum with focus on four strategic big bets: Premiumise Tea & Coffee, pivot to Lifestyle Nutrition, Build Kissan into a mega food brand and build Ready-To-Drink. Together, these actions will transform the Foods business and build a future‑fit portfolio by redefining taste, nutrition and innovation in India.

Rajneet Kohli

Executive Director, Foods

Radical consumer segmentation underpins how we tailor our strategies on brand, pricing, and channel for distinct consumer cohorts. In Foods, this drives how we unlock growth across our Beverages, Lifestyle Nutrition and Packaged Foods portfolio at every tier of the pyramid.

Doubling down on fewer, bigger bets

Future-proofing frontline engine

Channels of the Future

The Foods business benefited from accelerating premium adoption across digital platforms, with e-commerce and quick commerce delivering strong double-digit growth in F Y'26. Quick commerce emerged as a strategically critical channel, expanding consumption occasions and accelerating discovery of products, formats and categories. It supported market development of Premium Beverages such as Bru Gold, Taj Mahal and Lipton, and scaled launches including Red Label Instant Tea, Kissan Chutneys and Hellmann’s Mayo variants. Relationships with modern trade and e-commerce further strengthened through deeper joint business planning, enhanced co-creation partnerships for Kissan Chutneys and Red Label Instant Tea, and a more segmented, channel specific portfolio strategy.

Beverages

Lifestyle Nutrition

Packaged Foods