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Second wave flattens the fizz for Coca-Cola, PepsiCo: Crisil

This is the second year in a row that soft drinks are facing a washout in peak April-June quarter. Last fiscal, a strict nationwide lockdown and subsequent restrictions over April-September severely affected peak season demand as summer months alone account for two-thirds of annual cola sales. ....

Rohan Kulshrestha , Nitesh Jain , Crisil Ratings , Coca Cola , Co Vid , நீத்தேஷ் ஜெயின் , மிருதுவான ரேடிஂக்ஸ் , கோகோ கோலா , இணை வித் ,

Welcome To IANS Live - BUSINESS - Second wave flattens fizz for soft-drink makers: Crisil


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New Delhi, May 21 (IANS) India s non-alcoholic beverages industry, led by cola giants Pepsi and Coca-Cola, is unlikely to reclaim pre-pandemic levels this fiscal, ratings agency Crisil said.
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Update: 21-May-2021 ....

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Welcome To IANS Live - LatestNews - Second wave flattens fizz for soft-drink makers: Crisil


Photo Credit: IANS
IANSLive
New Delhi, May 21 (IANS) India s non-alcoholic beverages industry, led by cola giants Pepsi and Coca-Cola, is unlikely to reclaim pre-pandemic levels this fiscal, ratings agency Crisil said.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.
For news, views and gossips, follow IANS at Twitter.
Update: 21-May-2021 ....

New Delhi , News Service , India Private , All Rights , புதியது டெல்ஹி , செய்தி சேவை , இந்தியா ப்ரைவேட் , அனைத்தும் உரிமைகள் ,

Covid-19 second wave taking fizz out of Coca Cola, PepsiCo biz: Crisil


Covid-19 second wave taking fizz out of Coca Cola, PepsiCo biz: Crisil
Despite some claw-back after an estimated decline by a fifth last fiscal, the revenue of India s non-alcoholic beverages industry will still be 10% short of the fiscal 2020 mark, Crisil said
Vidya S | May 21, 2021 | Updated 16:15 IST
Pepsi, Coca-Cola and other soft drink businesses are unlikely to bounce back to pre-pandemic levels in the current financial year with the second wave of the coronavirus infections in the country suppressing their revenue by 10% compared to 2019-20, according to a report by credit ratings agency Crisil released on Friday.
Despite some claw-back after an estimated decline by a fifth last fiscal, the revenue of India s non-alcoholic beverages industry will still be 10% short of the fiscal 2020 mark, the agency said. ....

Rohan Kulshrestha , Nitesh Jain , Crisil Ratings , Coca Cola , Soft Drink Business , Soft Drink Businesses , Crisil Coca Cola , Crisil Pepsico , Bottlers Of Pepsi , Bottlers Of Coca Cola , Beverages Sales Volumes , Soft Drink Business 2019 20 , Beverages Sales Volumes 2019 20 , Soft Drink Busine , நீத்தேஷ் ஜெயின் , மிருதுவான ரேடிஂக்ஸ் , கோகோ கோலா ,