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British coffee chain brand Costa Coffee's India revenue from operations surged 30.76 per cent to Rs 198.5 crore in FY25, and its profit rose 28.4 per cent to Rs 149.7 crore. The growth was driven by store expansion, as the number of outlets increased from 179 to 220 in FY25, according to the latest annual report of Devynai International Ltd (DIL). Its revenue from operations was Rs 151.8 crore, and profit stood at 116.6 crore for the financial year ended March 31, 2024. Costa Coffee's gross margin declined marginally to 75.4 per cent from 76.8 per cent in FY24, primarily because of inflation in coffee beans and other input materials. "The brand contribution margin came down from 17 per cent to 16.1 per cent, with average daily sales (ADS) per store declining from Rs 33,000 to Rs 27,000, translating into a reduction of same store aales growth (SSSG) from 8.7 per cent to 4.1 per cent during this period," said DIL. Costa Coffee is operated in India through its franchise partner DIL,
Coffee shipments from India rose 13.35 per cent to 1,25,631 tonnes during January-March period of this year on higher demand for Robusta coffee, according to the official data. The country had exported 1,10,830 tonnes of coffee in the same period in 2023. India, Asia's third-largest producer and exporter, grows Arabica and Robusta varieties of coffee. Arabica coffee bean has lesser caffeine content than the Robusta. Arabica has a sweet and smoother taste, while the Robusta is generally more bitter and harsher on the taste buds. According to the Coffee Board of India's latest data, export of Robusta coffee bean rose by 18 per cent to 69,637 tonnes in the first quarter of the 2024 calendar year from 59,050 tonnes in the year-ago period. However, the shipment of Arabica coffee bean declined to 13,419 tonnes from 15,468 tonnes in the said period. Instant coffee exports rose 16,218 tonnes during January-March of this year as against 15,238 tonnes in the year-ago period, while re-expor