Hindustan Coca Cola Beverages Private Limited (HCCB) is an Indian subsidiary of The Coca-Cola Company, manufacturing and distributing a wide range of beverages, including carbonated soft drinks, juices, and mineral water.
Products : The company operates in the non-alcoholic beverage industry in India and competes with other major players such as PepsiCo and Parle Agro.
The future of HCCB will depend on its ability to adapt to changing consumer preferences and market trends, such as increased demand for healthier beverage options. The company has been expanding its product offerings to include low-sugar and no-sugar options, as well as entering new beverage categories such as ready-to-drink iced tea.
In terms of revenue and profit, the company reported a turnover of INR 9,562 crore (approximately USD 1.3 billion) for the fiscal year 2020-2021, a decrease of 14% from the previous year. The company also reported a net loss of INR 283 crore (approximately USD 38 million) for the same period, compared to a net profit of INR 44 crore (approximately USD 6 million) in the previous year. These declines were attributed to the COVID-19 pandemic, which impacted the company’s sales and operations.