Coca-Cola sees double digit volume growth in India in Q1

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Global beverage major Coca-Cola witnessed a double digit volume growth in India in the first quarter ended March 31.

The company, which posted a 4 per cent decline in net operating revenue at $10.28 billion for the quarter, also reported a double digit volume growth in the South West Asia market.

Atlanta-headquartered company's consolidated gross profit declined 5.97 per cent to $6.21 billion during January-March quarter of 2016 as against $6.6 billion in the same quarter of last year.

For the Asia Pacific region, the Coca-Cola Company and Subsidiaries had a net operating revenue of $1.24 billion during the first quarter, down 3.89 per cent as against $1.28 billion of Q1 2015.

Daily Pioneer
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