Coca Cola

Extended rains took a toll on beverage sales in September quarter

Heavy rainfall and an extended monsoon dragged down beverage sales for Coca-Cola, PepsiCo, Varun Beverages, and Dabur during the September quarter as consumer demand softened

HCCBL expects growth despite H1 disruptions; 4 Jubilant nominees join board

Hindustan Coca-Cola Beverages, the bottling arm of beverage major Coca-Cola in India, expects a decent growth in FY26 despite facing disruptions in the first half, from adverse weather conditions to external macroeconomic pressures, according to a top company official. HCCBL hopes for a "promising potential outlook", encouraged by favourable macro conditions, such as rapid urbanisation and rising disposable income, and it would continue to invest in expansion of capacity, portfolio and distribution, among others, said its Chief Financial Officer Harsh Bhutani. Besides, the board of Hindustan Coca-Cola Beverages Ltd (HCCBL) has been reconstituted after the parent entity, The Coca-Cola Company, divested a 40 per cent stake to Jubilant Bhartia Group. According to an industry insider, four people from the Jubilant Bhartia Group, engaged in pharmaceuticals, food services, agribusiness, energy, and other services, have joined the board of HCCBL. When asked about the development, Bhutani

Hindustan Coca-Cola Beverages FY25 profit slumps 73% to ₹756 crore

Hindustan Coca-Cola Beverages Ltd, the bottling arm of beverage major Coca-Cola in India, reported a 73 per cent decline in net profit to Rs 756.64 crore in FY2024-25. Its revenue from operations dropped by 9 per cent to Rs 12,751.29 crore, according to a regulatory filing by the company. Its total income, which includes other income, was up 9.63 per cent to Rs 12,864.36 crore for the financial year ended on March 31, 2025, according to financial data accessed through the business intelligence platform Tofler. Hindustan Coca-Cola Beverages Ltd (HCCBL) net profit was at Rs 2,808.31 crore and its revenue from operations was at 14,021.55 crore in the year-ago period. The company had a higher base in FY24 due to gains resulting from the divestment of its bottling operations in Rajasthan, Bihar, the North-East, and parts of West Bengal to its existing bottlers - Kandhari Global Beverages, SLMG Beverages, and Moon Beverages, respectively - on a going concern basis through a slump sale.

Inclement weather impacts beverage major Coca-Cola's India Q3 performance

"In India, volumes declined as our business was impacted by inclement weather," Henrique Braun, chief operating officer at the Coca Cola Company told analysts on a post results call on Tuesday

Coca-Cola weighs $1 bn IPO for Indian bottling unit, valued at $10 bn

The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025

Coca-Cola weighs $1 bn IPO for Indian bottling unit, valued at $10 bn

The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025

Gujarat cabinet reshuffle, Coca Cola IPO, JSW Steel, Hindustan Zinc post strong Q2 profits, & more

Rivaba Jadeja and new Deputy Chief Minister Harsh Sanghvi were among 26 ministers sworn into Gujarat’s revamped cabinet on Friday.

Coca-Cola bottlers to invest ₹25,760 cr in India's food processing sector

Three Coca-Cola bottlers in India will jointly invest Rs 25,760 crore (USD 2.96 billion) to expand the country's food processing infrastructure and have signed memoranda of understanding with the Ministry of Food Processing Industries for greenfield and brownfield projects, according to an industry official. SLMG Beverages, Hindustan Coca-Cola Beverages (Coca-Cola's wholly-owned bottling arm), and Kandhari Group of Companies have committed to the investment, which will span nine states, including Uttar Pradesh, Bihar, Andhra Pradesh, Telangana, Karnataka, Gujarat, Punjab, Rajasthan and Jammu. "Coca-Cola India and all the other bottlers, including SLMG Beverages, have signed an MoU worth Rs 25,760 crore with the food processing industry," said Paritosh Ladhani, joint managing director of SLMG Beverages told PTI. SLMG Beverages, Coca-Cola's largest bottler in India, will contribute Rs 8,000 crore to the investment, Ladhani added. The projects are expected to generate 30,000 direct jo

Telangana clears ₹3,745 cr investment; Coca-Cola plant to support farmers

The move is expected to bring significant revenue to rural communities and deepen the integration between agriculture and industry

Coca Cola bottler SLMG eyes high single-digit growth despite tepid quarters

SLMG Beverages expects high single-digit growth in 2025 despite weak quarters, eyes Rs 9,000 crore revenue in FY26 and Rs 20,000 crore by FY32 amid expansion plans

India continues to be a market with long-term potential: Coca-Cola COO

Coca-Cola COO Henrique Braun said India remains a long-term growth market with expanding consumer base, rising drink frequency and steady capacity investments

Beverage makers cite mass consumption, want 18% GST slab, no sin tax

The non-alcoholic beverages sector has urged the government to reduce GST on aerated drinks to 18 per cent, which will make these products more affordable, drive investments and generate 1.2 lakh jobs annually by 2030. Currently, aerated drinks attract 28 per cent GST and a sin tax of 12 per cent. The government is proposing to rejig GST to a two-slab structure-- 5 per cent and 18 per cent. In addition, there will be a special rate of 40 per cent to be levied on select few items like ultra-luxury cars and sin goods. Currently, GST is a 4-tier structure of 5, 12, 18 and 28 per cent. The Indian Beverage Association (IBA) said the rationalisation of GST for the sector will make products more affordable, increase investments in the sector and also generate 1.2 lakh new jobs annually by 2030. The IBA, while appreciating the government for the next-generation GST reforms, said reclassification, GST rationalisation and placing the category in a standard GST rate will unlock the sector's t

Coca-Cola considers sale of Costa Coffee in strategic business review

The company has held initial talks with a small number of potential bidders for Costa, including private equity firms, Sky News first reported, citing unidentified sources

Jeera drink space hots up as Coca Cola strengthens play with RimZim

Relaunched in 2018, Coca Cola had acquired the cumin-flavoured Rimzim from Parle in the 1990s, but is only pressing the pedal on it now. The company did not respond to email queries

Gaza boycotts batter American fast-food chains in Malaysia, Indonesia

Starbucks, KFC, Pizza Hut, and McDonald's suffer sales slumps as Gaza war boycotts continue across Asia, boosting local and Palestinian brands

Coca-Cola, Bhartiya family likely to consider listing HCCB in India

Coca-Cola and the Bhartiya family may look to list Hindustan Coca-Cola Beverages (HCCB) in India, with the Bhartiya family set to become the controlling shareholder

Geopolitical conflict, early monsoon impact Coca-Cola's India Q2 play

Coca-Cola reports a decline in India's Q2 volumes due to early monsoons and geopolitical disturbances, but remains optimistic about recovery through targeted marketing campaigns

Coca-Cola Q2 results: Revenue up 2.5% at $12.62 bn on steady soda demand

The company's shares were up about 1% in premarket trading

Cane sugar vs corn syrup: Why Coca-Cola formulas differ across borders

Donald Trump's push for real cane sugar in US Coca-Cola highlights long-standing economic, health and political divides over HFCS vs cane sugar, from Midwest corn to Florida cane

Trump says Coca-Cola agreed to use real cane sugar after his suggestion

Notably, Donald Trump's affinity for Coke is a longstanding one