These financial numbers are not comparable to the previous financial year’s filing, which was reported for a nine-month period
Reporting healthy topline and bottom-line performance, PepsiCo India’s revenue stood at Rs 8,877 crore for the 12-month operations for January to December 2024, as per the filings with the Registrar of Companies. The company’s profit before tax (PBT) was Rs 1,172 crore during the stated period.
These financial numbers are not comparable to the previous financial year’s filing, which was reported for a nine-month period. In 2023, PepsiCo India changed its financial year from erstwhile April to March to a calendar year from January to December to align the same with its parent company, as per the official statement.
“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. 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,” stated Jagrut Kotecha, Chief Executive Officer (CEO), PepsiCo India and South Asia.
While these figures are not directly comparable year-on-year due to the shift in its financial reporting calendar, – Kaushik Mitra, Vice President and Chief Financial Officer (CFO), PepsiCo India and South Asia, stated that the significant improvement in its profit margins over the last three reporting periods underscores the strength of the company’s business model and momentum in the market.
