Coca-Cola India consolidated profit jumps 57% to Rs 722.4cr in FY23, ad expenses up 52%. Coca-Cola India's total income on a consolidated basis was at Rs 4,608.51 crore, up 44.36 per cent in FY23.
Reliance had bought the defunct Campa Cola brand last year for just Rs. 22 crore. Campa Cola had been relaunched by Reliance last week, and is priced far below competitors Coke and Pepsi. While Campa Cola’s 200 ml bottle was priced at Rs. 10, its 500 ml bottles were priced at Rs. 20, the 600 ml bottles at Rs. 30, the 1 liter bottles at Rs. 40Revenues: Net revenues grew 6% to $12.0 billion, and organic revenues (non-GAAP) grew 11%. Revenue performance included 10% growth in price/mix and 1% growth in concentrate sales. Concentrate
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