Operating revenue fell 9 percent to Rs 12,751.29 crore, according to a regulatory filing by the company.
Total revenues, including other income, fell 9.63 per cent to Rs 12,864.36 crore for the financial year ended March 31, 2025, according to financial data accessed through business intelligence platform Tofler.
Hindustan Coca-Cola Beverages Ltd (HCCBL) net profit stood at Rs 2,808.31 crore and operating income stood at Rs 14,021.55 crore in the year-ago period.
The company had a higher base in FY24 on the back of gains arising from the sale of its bottling operations in Rajasthan, Bihar, the North East and parts of West Bengal to its existing bottlers – Kandhari Global Beverages, SLMG Beverages and Moon Beverages respectively – on a going concern basis through a slump sale.
“The group had realized a total amount of Rs 136.24 crore, after deducting customary working capital adjustments and incidentals. The aggregate gain on sale of the said business(es) amounting to Rs 119.9 crore (before tax) is shown as an exceptional item in the profit and loss account,” the report said. In FY’24, it had a profit of Rs 2,526.7 crore stated in exceptional items, against Rs 119.9 crore in FY’25. It had earned a total of Rs 3,859.65 crore in FY24 on customary working capital adjustments and handling incidentals. HCCBL’s total tax expenditure also fell by 72 percent to Rs 247.98 crore in FY25. A year ago in FY’24, it was Rs 910.07 crore.
Earlier in July this year, Coca-Cola sold 40 percent stake in HCCBL to Jubilant Bhartia Group.
In the earnings call earlier this week, James Quincey, chairman and CEO of The Coca-Cola Co., said: “We believe these moves will unlock growth opportunities in India and Africa.”
In Africa, Coca-Cola Hellenic, one of the Coca-Cola System’s largest bottlers, has announced its intention to acquire a 75 percent controlling stake in Coca-Cola Beverages Africa in a $3.4 billion deal expected to close next year.
Quincey called the deals a path toward completing the refranchising strategy it began in 2015.
“With these milestones, we have a clear view of the completion of our refranchising strategy, allowing us to further focus on brand building and innovation, complemented by integrated execution with our bottling partners,” he said.
HCCB produces and sells 37 different products in eight categories. The product line includes beverages such as Coca-Cola, Thums Up, Sprite, Minute Maid, Maaza, SmartWater, Kinley, Limca and Fanta.
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