PepsiCo India revenue
PepsiCo India revenue

PepsiCo India revenue

News summary

PepsiCo India reported a consolidated revenue of ₹5,954.16 crore and a profit of ₹217.26 crore for the nine-month period ending December 2023. The company transitioned its financial year from April-March to January-December, resulting in the release of three quarters of financial results. Domestic sales contributed ₹5,533.63 crore, with the snacks segment generating ₹4,763.29 crore and beverages at ₹1,036.53 crore. PepsiCo's robust performance was attributed to effective marketing campaigns and a focus on productivity, despite external challenges. Ramon Laguarta, Chairman and CEO, highlighted India as a significant growth area and investment focus, anticipating substantial market demand in the coming years. The company is also expanding its manufacturing capacity with new investments, including ₹1,266 crore for a facility in Madhya Pradesh and ₹778 crore for one in Assam.

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