PepsiCo India Sees 8% Revenue Growth in 2025, Led by Snack Segment

PepsiCo India Posts 8% Rise in Consolidated Revenue for Calendar Year 2025

Gurugram: PepsiCo India Holdings Pvt. Ltd reported a consolidated revenue of ₹9,798 crore for calendar year 2025, marking an 8% rise from the previous year. The company's net profit also saw a 4.5% increase to ₹905 crore. The food business grew by 11% year-on-year, with innovations in premium snacking contributing to the growth.

PepsiCo India's management attributed the topline growth to innovations in premium snacking and the introduction of localised and traditional products such as the "jowar puff" in the Kurkure brand. In the beverages segment, the company accelerated its portfolio on Nimbooz, a lemon drink brand, in response to the growing demand for hydration and energy drinks.

The company also launched the Red Rock Deli premium chips brand in November last year, which is expected to contribute to the growth. However, the beverage business faced headwinds due to unseasonal rains and intensified competition. Despite this, the company managed to hold on to its revenue profile through price pack interventions.

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Comparison of PepsiCo India's Consolidated Revenue and Net Profit

As can be seen from the table, PepsiCo India's consolidated revenue and net profit have shown a consistent growth over the years.

PepsiCo India's management is optimistic about the beverage summer sales this year, citing heatwaves in several parts of the country and a potential El Niño event that may lead to weak monsoons. However, the company is also aware of the risks associated with palm oil prices, which may impact the packaged food industry.

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The company has not hiked prices yet, but the packaged consumer goods companies have been steadily hiking prices this quarter due to rising costs of key raw materials. The government has also hiked prices of petrol and diesel twice this month, which may impact the company's margins.

However, beverage makers and analysts tracking the sector are not worried for now, citing strong traction in new launches such as Nimbooz and Tropicana, and the anticipated El Niño-led heatwave. Encouragingly, India volume growth increased by 14.4% led by initiatives such as pack upsizing, selective price-point launches, and new launches in the energy- and juice-based drink segments.

However, the aluminium-can shortage remains a constraint, and prices of plastic packaging, including PET bottles, could also come under pressure due to climbing crude prices, hurting margins.