Coffee Output

Costa Coffee's India FY25 sales jump 30%, gross margin declines marginally

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,

Nestle plans to sell Starbucks ready-to-drink coffee in India retail market

Despite India being a predominantly tea-drinking nation, coffee consumption is rising, especially in urban areas

India's coffee exports likely to decline over 10% on lower production

Lower exports from India could further tighten global supplies, already squeezed by weaker output from top producer Brazil, which would support benchmark futures that hit a record high this week

In China Starbucks tries to avoid price war, gets drawn into discounting

The stakes are high for Starbucks, which has come under growing pressure from investors recently due to weaker sales in its two biggest markets - the United States and China

Indian coffee exports surge 13.35% to 125,000 tonnes in Jan-Mar, shows data

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

Govt plans to scrap 80-year-old Coffee Act, bring Bill to promote industry

Bill to be introduced in ongoing Parliament session, aims to modernise functioning of Coffee Board, promote exports and support development of domestic market

Strong brew: Coffee prices up 10.1%; upward trend likely to continue

ICO maintains its preliminary forecast of a small global deficit of about 502,000 bags in coffee year 2019-20

Coffee Board pegs crop loss due to rains in South India at 82,000 tonnes

The board has asked the govt to consider a special package for the coffee growers' fraternity

Sluggish rain likely to lower coffee output by 8% in 2016-17

The fall in coffee output in 2016-17 is mainly coming from Karnataka and Kerala.