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In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana
Earlier in 2022, Thums Up became the first Indian brand from the company's Indian portfolio to touch $1 billion in sales
Beverages major Coca-Cola India's profit rose 3.82 per cent to Rs 460.35 crore in FY22 and revenue from operations increased 35.85 per cent to Rs 3,121.29 crore, according to financial data accessed by business intelligence platform Tofler. The cola major had logged a profit of Rs 443.38 crore for the financial year that ended on March 31, 2021, while its revenue from operations in that year stood at Rs 2,297.51 crore. Coca-Cola India's total income in FY22 was at Rs 3,192.17 crore, up 35.54 per cent. It was at Rs 2,355.10 crore in the year-ago period. Its other income also went up 23.07 per cent to Rs 70.88 crore in the financial year ended on March 31, 2022. Total expenses of Coca-Cola India were up 46.35 per cent at Rs 2,548.01 crore in FY22 as against Rs 1,740.92 crore in FY21. The company, which operates with power brands in Indian markets, including Coca Cola, Thums Up, Limca, Sprite, Maaza and Minute Maid, is part of Atlanta-based US beverages major The Coca-Cola Company.
The company said it now sees organic revenue growth of 14% to 15% for the full year. In July, Coca-Cola increased its full-year outlook from 12% to 13%
"Consciously working on addressing the needs of rural consumers by offering them the most relevant packs," said Coca-Cola India
Berry will continue the hold of managing director at the company, the company said in a stock exchange filing
Coca-Cola India and its bottling partners are investing around USD 1 billion (around Rs 7,990 crore) to expand the production capacity by up to 40 per cent, an official of the beverage major said
The company through its focus on three fundamental goals -- design, collect and partner -- is laying emphasis on entire packaging lifecycle
In the January-March quarter, this strategy yielded results with more than 500 million incremental transactions added in India, which is a nearly 20 per cent rise
Hindustan Coca-Cola Beverages (HCCB) on Thursday announced that it will set up a second factory in Telangana with an investment of Rs 1,000 crore.
The Atlanta beverage giant said the fourth quarter was the first time since the pandemic that away-from-home sales volumes exceeded 2019 levels
Coca-Cola India's net profit declined 28.4 per cent year-on-year to Rs 443.38 crore and its revenue from operations was down 16.2 per cent to Rs 2,297.51 crore in the pandemic-hit FY21, according to regulatory documents. The cola major had logged a net profit of Rs 619.14 crore in FY20, while its revenue from operations in that year had stood at Rs 2,741.54 crore. Coca-Cola India's total income also declined 16.2 per cent to Rs 2,355.10 crore in the fiscal ended March 2021 as against Rs 2,811.99 crore in the preceding financial year, according to the Registrar of Companies filing, shared by market intelligence firm Tofler. Reply to an e-mail sent to Coca-Cola India could not be ascertained immediately. In FY21, Coca-Cola India's other income also declined 18.2 per cent to Rs 57.59 crore as against Rs 70.44 crore a year ago. During the financial year 2020-21, the company's total expenses were reduced by 11.2 per cent to Rs 1,740.92 crore as against Rs 1,961.28 crore in the previous
Beverage major Coca-Cola India on Wednesday said it has extended partnership with former Indian skipper and BCCI President Sourav Ganguly as its ambassador for another three years. Ganguly, now President of the Board of Control of Cricket in India (BCCI), had earlier signed a pact with Coca-Cola in 2017. Coca-Cola India and South-West Asia Vice President and Head-Marketing Arnab Roy said the extension of this partnership was a natural decision for the compass. Ganguly has undoubtedly emerged as one of the most iconic and strongest voices in sports in his diverse roles through the years, he added. Our association with him goes back to as early as 1997 when he was first signed as the Coca-Cola brand ambassador. Since then, Sourav has always been a part of the larger Coca-Cola family, leading and advising us on many programs, including some key grassroot initiatives, Roy said. Sourav Ganguly said: I am extremely delighted to extend this partnership further and look forward to doing s
The pandemic has forced people to contemplate on their work-life balance: Coca Cola's President for India and Southwest Asia, Sanket Ray said on Thursday.
Sanket Ray talks about a massive global restructuring that Coca-Cola is undergoing amid Covid-induced disruptions
The company had posted a net profit of Rs 632.26 crore in 2018-19, Tofler said
Estimates indicate that volumes for the whole year for beverages will be down to a third of last year, despite the push by soft drink companies to go online
Unlike his predecessor, Ray will head a unit that is strategically more important to the parent company and will report directly to top executives at the firm's headquarters
With the Covid-19 pandemic shattering the country's economy, resulting in mass layoffs and salary cuts, the cola major is now facing faltering sales and an overall slowdown in consumption
Half of Rs 11,000 crore kitty utilised, says CEO Krishnakumar