Key Highlights
- PepsiCo India reported a profit before tax (PBT) of ₹1,172 crore for the calendar year 2024, indicating robust financial performance.
- The company's revenue for the same period stood at ₹8,877 crore, reflecting significant growth in its operations.
PepsiCo India's profit before tax for 2024 (calendar year) was Rs 1,172 crore, with revenues of Rs 8,877 crore, according to a company statement.
Its numbers are not comparable to the previous fiscal year's filings, which were reported for a nine-month period following a change to align with its parent company's financial reporting structure.
The Indian FMCG sector has continued to prosper through these past 12 months, despite a tough external environment with lower consumption in cities and price increases. As a result, PepsiCo India’s success in 2024 in various food and beverage sectors proves it has strong marketing, excellent execution in the market and centers its work on what consumers want.
In addition, he stated, "All of this could not have happened without the incredible team members and talents we have poured so much attention into. I am sure they will help us prosper for years to come as we continue on our bold growth journey." Despite reaching our growth targets, we also continued to advance on sustainability, achieving progress in improving farmer lives, extending acreage under regenerative farming and paying more attention to circular economy issues and proper waste management.
Kotecha explained he is proud the company met its targets for performance, people and the environment in 2024 and hopes to achieve the same success again.
According to Kaushik Mitra, PepsiCo India & South Asia is determined to maintain steady and successful growth.
The results for the 2024 financial year, showing Rs 8,877 crore in revenues and Rs 1,172 crore in profit before tax, reflect the strength of our various products, tight cost control and the loyalty of our consumers to our brands. Since the reporting calendar changed in the past year, these profits cannot be compared one to one, but the steady rise over the past three periods means our business and market position are strong, Mitra pointed out.
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In its global commentary post-results, PepsiCo stated that its international beverage business performed well in the first quarter of 2025, with 11 percent organic revenue growth driven by performance in India, China, Egypt, Turkey, Mexico, Brazil, the United Kingdom, and Australia.
Its international convenience foods business increased organic revenue by 2%, with India, Brazil, Egypt, and Turkey leading the way.