PepsiCo India logs ₹883-crore profit in 2024 after fiscal shift

Firm posts revenue of ₹9,096 cr; packaged food share at 75%

- VIVEAT SUSAN PINTO

FOOD AND BEVERAGE major PepsiCo India reported a consolidated net profit and revenue of ₹883.39 crore and ₹9,096.62 crore, respectively, for the calendar year 2024 (CY24), marking the first full-year of its fiscal year switch, according to its latest regulatory filings accessed by Tofler. The company had transitioned from the April-March financial year to a January-December reporting format in 2023.

For that year (2023), the company had reported consolidated revenue of ₹5,954.16 crore and net profit of ₹217.26 crore for the period of nine months from April to December. Rival Coca-Cola India, which follows an April-March accounting year is yet to report its numbers for FY25. In FY24, Coca-Cola India saw consolidated revenue grow 4.24% to ₹4,713 crore, while profit fell 41.82% to ₹420 crore, according to regulatory filings.