PepsiCo's International Business Up 11%

PepsiCo's net revenue in the quarter ended March 22 was down 1.81%, while its operating profit fell by 4.9%

- PTI

Global food and beverages major PepsiCo's international business reported 11% revenue growth in the quarter ended March 22, helped by markets including India.

Moreover, India also helped PepsiCo grow its international convenient foods business by 2% in the quarter, the company said in a statement.

"Our international convenient foods business delivered 2% organic revenue growth. The growth was driven by Brazil, India, Egypt and Turkey," said PepsiCo in the management remarks.

Similarly, growth in its international beverages business "was driven by performance in China, India, Egypt, Turkey, Mexico, Brazil, the UK and Australia," the company said.