Beverage major Coca-Cola India posted a 46.3% year-on-year jump in consolidated net profit to Rs 615.03 crore in FY25, while revenue rose 7% y-o-y to Rs 5,042.56 crore, regulatory filings by the company accessed by Tofler showed. FY25 was also marked by a strong summer season in the April-June period, with the company reporting double-digit volume growth during the quarter.
Coca-Cola operates in India with brands such Thums Up, Maaza, Limca, Sprite, Minute Maid and Kinley apart from the flagship brand of the same name. It has a bottling arm called Hindustan Coca-Cola Beverages (HCCB), where the Jubilant Bhartia group has picked up a 40% stake.
The company’s total income, which includes other income, increased 7.7% year-on-year to Rs 5,171.48 crore for the financial year under review. India is the fifth-largest market of the Atlanta, US, headquartered company. In FY24, net profit and revenue stood at Rs 420.3 crore and Rs 4,713.38 crore each for the Indian unit, its results showed.
Navigating Competitive intensity with efficiency
Interestingly, Coca-Cola India’s expenses on advertising and sales promotion decreased by 13.75 % to Rs 1,311.13 crore for FY25 from Rs 1,520.22 crore in FY24, even as competitive intensity from rivals such as the Reliance-led Campa Cola as well as PepsiCo India increased significantly.
Strategic Bottling Shift
But, royalty paid to its US-based parent entity, The Coca-Cola Company, was up 9.65% y-o-y to Rs 556.52 crore in the year under review, its results showed.
Total tax expenses, meanwhile, was up 33% year-on-year to Rs 228.08 crore in FY25, but total expenses rose 2.8% only versus the previous year to touch Rs 4,328.37 crore, its results showed.
Coca-Cola India is an unlisted entity, controlled by its parent entity through Hong Kong-based Coca-Cola South Asia (India) Holdings, which owns 100% of the firm.