Coca-Cola India FY22 profit up 3.8 pc to Rs 460.35 crore; revenue rises 36pc to Rs 3,121 crore | Biden News

Coca-Cola India’s beverage major’s profit rose 3.82 percent to Rs 460.35 crore in FY22 and income from operations rose 35.85 percent to Rs 3,121.29 crore, according to financial data accessed by business intelligence platform Tofler. The cola major posted a profit of Rs 443.38 crore for the financial year that ended March 31, 2021, while its income from operations that year stood at Rs 2,297.51 crore.

Coca-Cola India’s total revenue in FY22 was at Rs 3,192.17 crore, up 35.54 percent. It was at Rs 2,355.10 crore in the year-ago period.

Its other income also increased by 23.07 per cent to Rs 70.88 crore in the financial year ended March 31, 2022.

Total expenses of Coca-Cola India grew by 46.35 percent at Rs 2,548.01 crore in FY22 against Rs 1,740.92 crore in FY21.

The company, which operates powerful brands in Indian markets, including Coca-Cola, Thums Up, Limca, Sprite, Maaza and Minute Maid, is part of Atlanta-based US beverage major The Coca-Cola Company.

It has a fellow subsidiary, Hindustan Coca-Cola Beverages Private Ltd, which is the local bottling arm of the cola major here.

India is one of the leading markets for the Coca-Cola Company.