PepsiCo India Reports Consolidated Revenue At Rs 9,096.62 Crore In 2024

This is the full report for 12 months as PepsiCo had last year changed its financial year from April-March to January-December period.

Revenue from beverage business, in which it operates with fizz-based drinks and juices with brands such as Pepsi, 7up, slice, Tropicana, and Gatorade was at Rs 2,206.96 crore. (Image source: Unsplash)

PepsiCo India Holdings Pvt Ltd's consolidated revenue from operations stood at Rs 9,096.62 crore in 2024 and its profit at Rs 883.39 crore, the company said in a filing to the registrar of companies. Total consolidated income of PepsiCo India Holdings, which includes other income, was at Rs 9,268.04 crore in 2024.

This is the full report for 12 months, as PepsiCo had last year changed its financial year from the April-March to the January-December period. In 2023, it had filed results for nine months (from April to December) to implement the change.

It had reported a consolidated revenue from operations at Rs 5,954.16 crore in the nine months ending in December 2023, while its profit stood at Rs 217.26 crore, according to the financial data accessed by the business intelligence platform Tofler.

Meanwhile, in the first quarter of 2025, the New York-headquartered multinational had reported an 11% organic revenue growth in its international business, helped by markets including India. India also helped PepsiCo to grow its international convenient foods business by 2% in the first quarter of 2025.

Snacks, Beverages Business Revenue

In 2024, PepsiCo's revenue from the snacks business in which it operates with brands including Kurkure, Lays, Doritos and Quaker was Rs 6,88,966 crore.

PepsiCo India & South Asia CEO Jagrut Kotecha said the company has delivered on its growth targets in 2024. "Over the past 12 months, the FMCG industry in India has shown remarkable resilience in the face of a challenging external environment, where it witnessed a slowdown in urban consumption along with inflationary pressures," he said.

Revenue from the beverage business, in which it operates with fizz-based drinks and juices with brands such as Pepsi, 7Up, Slice, Tropicana, and Gatorade, was at Rs 2,206.96 crore.

PepsiCo India's 'advertising promotional' expenses were at Rs 772.02 crore in 2024. Besides, it has paid a royalty of Rs 101.84 crore to its parent firm in 2024.

Revenue from the domestic market was at Rs 8,475.37 crore, while exports contributed Rs 386.10 crore to the total revenue of the company, which is not a publicly listed entity.

"In this context, PepsiCo India's strong performance in 2024 across food and beverage categories is a testament to its dynamic marketing, marketplace execution, and consumer-centric innovation. None of this would've been possible were it not for the incredible talent & teams that we have worked at building and nurturing, and I am confident that this has set us up to deliver on our bold growth ambition over the next five years," Kotecha added.

"While these figures are not directly comparable year-on-year due to the shift in our financial reporting calendar, the significant improvement in our profit margins over the last three reporting periods underscores the strength of our business model and our momentum in the market," said Kaushik Mitra, PepsiCo India and South Asia Vice President & CFO.

(With inputs from PTI)

Also Read: PepsiCo's Beverages Grow 11%, India Markets Account For 2% Business

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Shreya Sur
Shreya covers trending stories, business news and political news at NDTV Pr... more
GET REGULAR UPDATES