Nestle India reported a double-digit decline in profit for the second quarter of FY26 on account of higher input costs. Standalone net profit fell 23.6% year-on-year to Rs 753 crore, below Bloomberg consensus estimates of Rs 791 crore. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins contracted 100 basis points to 21.9% versus 22.9% in the year-ago period, amid higher milk and cocoa prices, though the outlook for these commodities remains positive, the company said on Thursday.