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Pepsico India

Beverage major PepsiCo sees double-digit organic revenue growth in India

In the AMESA (Africa, Middle east, South Asia) region the company's convenient foods unit volume declined 3 per cent in the 12 weeks ended September 7

Beverage major PepsiCo sees double-digit organic revenue growth in India
Updated On : 08 Oct 2024 | 9:27 PM IST

PepsiCo India's profit at Rs 200 cr during Apr-Dec, revenue at Rs 5,794 cr

The food and beverage giant in India changed its financial year to January-December from April-March to align with its parent company

PepsiCo India's profit at Rs 200 cr during Apr-Dec, revenue at Rs 5,794 cr
Updated On : 27 Jul 2024 | 2:27 PM IST

PepsiCo India revenue in Apr-Dec 2023 at Rs 5,954 cr, profit at Rs 217 cr

Pepsico India Holdings' consolidated revenue from operations during April-December 2023 was at Rs 5,954.16 crore and profit was Rs 217.26 crore, according to financial data accessed by business intelligence platform Tofler. Total income, which also includes other income, was at Rs 6,094.70 crore in the nine-month period. The company has changed its financial year from April-March to January-December, hence it has come out with three quarters results of 2023. It follows the calendar year as financial year from January 2024. During the nine months, its revenue from sales in the domestic market was at Rs 5,533.63 crore. Exports contributed Rs 266.19 crore to the total revenue of the company, which is not a publicly listed entity. Revenue from the snacks business in which it operates with brands including Kurkure, Lays, Doritos and Quaker was at Rs 4,763.29 crore. Pepsico India's revenue from the beverages business in which it operates with fizz-based drinks and juices with brands suc

PepsiCo India revenue in Apr-Dec 2023 at Rs 5,954 cr, profit at Rs 217 cr
Updated On : 27 Jul 2024 | 2:18 PM IST

India a big, long-term growth market, says beverage major PepsiCo

Beverage major sees double-digit growth in convenient foods, beverages in Q2 in India

India a big, long-term growth market, says beverage major PepsiCo
Updated On : 11 Jul 2024 | 11:18 PM IST

High Court gives relief to Pepsico India over Rs 2,800 crore tax demand

The AO came to this conclusion on the basis of the bright line test (BLT) in transfer pricing

High Court gives relief to Pepsico India over Rs 2,800 crore tax demand
Updated On : 20 May 2024 | 10:14 PM IST

Varun Beverages Q4 results: Net profit rises 25.2% to Rs 537.3 crore

PepsiCo's bottling partner focused on reducing sugar content in beverages

Varun Beverages Q4 results: Net profit rises 25.2% to Rs 537.3 crore
Updated On : 13 May 2024 | 8:30 PM IST

Varun Beverages Q1 results: Revenue up 11.3%, net profit at Rs 537 cr

Consolidated revenue from operations in the first quarter stood at Rs 4,397.98 crore as against Rs 3,952.59 crore in the year-ago period, it added

Varun Beverages Q1 results: Revenue up 11.3%, net profit at Rs 537 cr
Updated On : 13 May 2024 | 1:43 PM IST

Pepsico India starts trials to replace palm oil in Lay's: Here's why

PepsiCo India has initiated trials to replace palm oil and palmolein with a combination of sunflower oil and palmolein in Lay's chips

Pepsico India starts trials to replace palm oil in Lay's: Here's why
Updated On : 09 May 2024 | 9:55 AM IST

PepsiCo to invest Rs 1,266 crore to set up new facility in Madhya Pradesh

The Ujjain-plant will be crucial for PepsiCo's beverage production in India, enabling the company to meet the rising demand

PepsiCo to invest Rs 1,266 crore to set up new facility in Madhya Pradesh
Updated On : 02 Apr 2024 | 11:31 PM IST

PepsiCo India to invest Rs 1,266 crore to set up flavour facility in MP

PepsiCo India on Tuesday said it will invest Rs 1,266 crore to set up a flavour manufacturing facility at Ujjain in Madhya Pradesh as part of its expansion plans in the country. The plant spread over 22 acres, will play a significant role in scaling up PepsiCo's beverage production in India, generating employment and positively impacting the local economy, the company said in a statement. The construction of the upcoming plant is slated to start in 2024 and is expected to be operational in the first quarter of 2026, it added. "With support from the government of Madhya Pradesh, we aim to strengthen our footprint while driving impactful progress in enhancing the socio-economic landscape of the region," PepsiCo India & South Asia CEO Jagrut Kotecha said. PepsiCo India Senior Vice President, Beverages George Kovoor said the new unit will be the company's second flavour manufacturing facility in India. "We aim to ramp up the production of our beverages to meet the rising demand in the

PepsiCo India to invest Rs 1,266 crore to set up flavour facility in MP
Updated On : 02 Apr 2024 | 2:04 PM IST

Varun Beverages to expand capacities of juices, value-added dairy items

Varun Beverages, leading bottler of beverage major PepsiCo, is expanding its production capacities in the juices and value-added dairy products segments in 2024, according to the latest annual report of the company. Besides, Varun Beverages Ltd (VBL) is strengthening its distribution network and chilling infrastructure, which is essential to enhance presence in the existing and under-penetrated markets, its promoter & Non-Executive Chairman Ravi Jaipuria told shareholders. "Central to our expansion strategy for CY 2024 is the further development of manufacturing facilities, with a focus on adapting to evolving consumer preferences and market trends. We are particularly concentrating on increasing our production capacities in the juices and value-added dairy products segments," he said. The company operates across six countries. Three markets of the Indian Sub-continent, India, Sri Lanka and Nepal, contributed 83 per cent of its net revenues, while three African countries, Morocco,

Varun Beverages to expand capacities of juices, value-added dairy items
Updated On : 08 Mar 2024 | 4:05 PM IST

American beverage giant PepsiCo launches new globe logo worldwide

In India, the company unleashed the new globe logo at the Gateway of India, Mumbai with a digital artwork

American beverage giant PepsiCo launches new globe logo worldwide
Updated On : 01 Mar 2024 | 11:52 PM IST

PepsiCo rolls out new globe logo in India as part of rebranding exercise

Global beverages major Pepsi on Friday rolled out its new logo worldwide as part of its rebranding exercise. This is the first visual identity change by Pepsi in the last 14 years, according to a statement by the American beverage major. As part of this, the new Pepsi globe logo was unleashed at Gateway of India in Mumbai, where it took over the monument with a digital artwork, it added. "The new logo thoughtfully borrows equity from Pepsi's past, whilst incorporating modern elements to create a look that is unapologetically current and undeniably Pepsi. The updated colour palette introduces electric blue and black to bring a contemporary edge to the classic Pepsi colour scheme," it said. The signature Pepsi pulse evokes the "ripple, pop and fizz" of Pepsi-Cola moving in time, it said. "The fresh design language reflects the invigorating spirit of Indian youth and their boundless pursuit of possibilities," Shailja Joshi, Category Lead, Pepsi Cola, PepsiCo India, said.

PepsiCo rolls out new globe logo in India as part of rebranding exercise
Updated On : 01 Mar 2024 | 8:44 PM IST

PepsiCo records mid-single digit organic revenue growth in India in 2023

India posted a double-digit volume growth in the beverages category, while recording a low-single-digit volume decline in the convenient food category

PepsiCo records mid-single digit organic revenue growth in India in 2023
Updated On : 09 Feb 2024 | 8:27 PM IST

PepsiCo India appoints marketing chief Jagrut Kotecha as new CEO

Incumbent Ahmed El Sheikh will move to lead beverages and snacks company's Middle East business unit

PepsiCo India appoints marketing chief Jagrut Kotecha as new CEO
Updated On : 20 Jan 2024 | 12:11 AM IST

PepsiCo veteran of 32 years defects to Wendy's as chief executive officer

North America beverages made up more than 30 per cent of PepsiCo's revenue in the most recent quarter, making it the biggest division by that measure

PepsiCo veteran of 32 years defects to Wendy's as chief executive officer
Updated On : 19 Jan 2024 | 7:50 AM IST

Varun Beverages Ltd to acquire The Beverage Company for Rs 1,320 cr

Varun Beverages Limited said that the indicative time period for the completion of the acquisition is on or before July 31, 2024

Varun Beverages Ltd to acquire The Beverage Company for Rs 1,320 cr
Updated On : 19 Dec 2023 | 5:38 PM IST

Coca-Cola conducting pilot test of its alcohol-based beverage, Lemon-Dou

For the test run, the beverage has been priced at Rs 230 for a 250 ml can and is being sold in Goa and some parts of Maharashtra

Coca-Cola conducting pilot test of its alcohol-based beverage, Lemon-Dou
Updated On : 11 Dec 2023 | 9:46 AM IST

Coca-Cola India net profit rises 57% to Rs 722 crore in FY23, sales up 45%

The company also achieved net sales of Rs 4,521 crore for the financial year ended 31 March 2023, a 44.9 per cent jump from sales of Rs 3,121 crore in the previous financial year

Coca-Cola India net profit rises 57% to Rs 722 crore in FY23, sales up 45%
Updated On : 01 Nov 2023 | 8:50 PM IST

Nagal gets support from DLTA, PepsiCo after speaking about financial crunch

Soon after Sumit Nagal shared his financial struggle in an interview with the PTI, support began to pour in for India's top tennis player with leading beverage company PepsiCo India and the DLTA rushing to his aid. The Delhi Lawn Tennis Association (DLTA) has decided to release a one-time support of Rs 5 lakh while PepsiCo has also pledged to support Nagal for three years. "We have taken details from Sumit Nagal and Rs 5 lakh will be deposited in his account. DLTA President Rohit Rajpal has approved the support," DLTA administrator Ranbir Chauhan said. Nagal had claimed in an interview with PTI that his annual budget to survive on the ATP Tour is no less than Rs one crore and after arranging for his funds, he was left with just 900 Euros in his account. Rajpal said, "He deserves much more. Sports people have to be treated like national assets. They needed to be taken care of. Tennis is a brutal and tough game. It requires travel on weekly basis, that makes it tough. We are talking

Nagal gets support from DLTA, PepsiCo after speaking about financial crunch
Updated On : 21 Sep 2023 | 9:32 PM IST