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PepsiCo India Holdings Pvt Ltd reported a consolidated profit of Rs 883.39 crore and revenue from operations of Rs 9,096.62 crore for the calendar year 2024, according to a regulatory filing with the Registrar of Companies (RoC).The company’s total consolidated income, which includes other income, stood at Rs 9,268.04 crore for the year. This marks the first full-year financial report under its revised reporting cycle, as PepsiCo India last year transitioned from the April–March financial year to a January–December format, PTI reported . For 2023, the company had reported a nine-month period (April to December), during which it posted revenue from operations of Rs 5,954.16 crore and a profit of Rs 217.26 crore, as per data accessed by business intelligence platform Tofler.In 2024, revenue from the company’s snacks segment—including brands such as Kurkure, Lay’s, Doritos, and Quaker—was reported at Rs 6,889.66 crore. The beverage segment, comprising fizzy drinks and juices under brands like Pepsi, 7UP, Slice, Tropicana, and Gatorade, contributed Rs 2,206.96 crore.Advertising and promotional expenses during the year stood at Rs 772.02 crore. Additionally, PepsiCo India paid Rs 101.84 crore in royalty to its parent company.Of the total revenue, Rs 8,475.37 crore came from domestic operations, while exports accounted for Rs 386.10 crore. PepsiCo India Holdings is not a publicly listed company.PepsiCo India and South Asia CEO Jagrut Kotecha said the company met its growth objectives despite a tough external environment.“Over the past 12 months, the FMCG industry in India has shown remarkable resilience in the face of a challenging external environment, where it witnessed a slowdown in urban consumption along with inflationary pressures,” he said.“In this context, PepsiCo India’s strong performance in 2024 across food and beverage categories is a testament to its dynamic marketing, marketplace execution, and consumer-centric innovation. None of this would’ve been possible were it not for the incredible talent & teams that we have worked at building and nurturing, and I am confident that this has set us up to deliver on our bold growth ambition over the next five years,” Kotecha added.Commenting on the financials, Kaushik Mitra, Vice President & CFO, PepsiCo India and South Asia, said:“While these figures are not directly comparable year-on-year due to the shift in our financial reporting calendar, the significant improvement in our profit margins over the last three reporting periods underscores the strength of our business model and our momentum in the market.”Globally, PepsiCo’s international business reported 11% organic revenue growth in the first quarter of 2025, supported by markets like India. The country also contributed to a 2% rise in the multinational’s international convenient foods segment during the same period.PepsiCo entered the Indian market in 1989 and has since grown into one of the leading multinational companies engaged in the production and trade of aerated and non-aerated beverages, juices, and packaged food products.
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Modi’s Asia Double Play: Japan Now, China Next — What India Wants (and Risks)
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[ad_1] For the first time in eight years, Ayodhya has seen a sharp revision in its circle rates, with property prices rising between 30% and 200% across various parts of the district, officials told PTI.The prices are particularly steep within a 10-kilometre radius of the Ram Janmabhoomi Temple, an area witnessing a real estate boom fuelled by religious tourism and rapid infrastructure growth. Here, circle rates have jumped over 150%, pushing land values in the prime zone to Rs 26,600–27,900 per square metre, compared to Rs 6,650–6,975 earlier.Shanti Bhushan Chaubey, sub-registrar of Sadar (Faizabad) tehsil, said the hike followed a proposal submitted last September. “After addressing objections, the new circle rates were approved by District Magistrate Tikaram Funde and have now been enforced,” he said.According to Chaubey, the sharpest hikes were recorded in areas with the most land activity. “Localities […]
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