MAM
Coca Cola, PepsiCo report growth in first quarter
NEW YORK: PepsiCo reported a 13 per cent increase in its first-quarter ’03 earnings and Coca-Cola Co posted a jump in revenue and net profit for its first quarter despite weaker-than-expected sales in North America and many other markets.
Earnings for PepsiCo increased to $ 777 million in the three months ended in March from $ 689 million, a year earlier. For the first three months 2003, Coca-Cola made a net profit of $ 835 million. This compares with a loss of $ 194 million in the same period last year. The revenue for the first quarter was $ 4.5 billion, up 10 per cent from $ 4.08 billion a year ago.
PepsiCo officials said that unit volume rose 3 percent for both snacks and beverages during the quarter, while net revenue rose to $ 5.53 billion from $ 5.31 billion. Analysts pointed out that PepsiCo, the No. 2 worldwide soft-drink maker behind Coca-Cola Co, is trying to sell more of its products by linking drinks and foods together. Ads recently pitched Lay’s potato chips and Pepsi soft drinks, and the company is also pushing Quaker breakfast foods alongside Tropicana juices.
PepsiCo showed growth in all of its major business areas. Overall worldwide sales increased 3 per cent while global sales of snacks and beverages each increased 3 per cent. But the continued growth at Frito-Lay North America was the brightest spot in the report.
Brands
Sony Pictures Networks India names Shruti Aneja as lead – agency partnerships & key network initiatives
Aneja takes charge to deepen agency ties and boost revenue across Spni channels
MUMBAI: Sony Pictures Networks India has appointed Shruti Aneja as lead – agency partnerships, signalling a fresh focus on closer collaboration with advertising agencies and a sharper push for revenue growth across its channel portfolio.
In her new role, Aneja will chart strategic engagement with agencies, unlock new revenue streams, and nurture long-term partnerships. Her mission includes driving sales performance, adding value for clients, and delivering inventive solutions for advertisers — cementing Spni’s position as a preferred media partner.
Aneja brings over 12 years of experience with Spni, having risen through the ranks from manager to associate vice president. She has led high-performing sales teams across key clusters including sony hindi gec, free-to-air channels, and english entertainment channels like pix, axn and bbc earth.
Her track record includes driving integrated ad sales for popular shows such as Celebrity MasterChef, Indian Idol and Superstar Singer, pioneering first-time brand integrations, and repositioning channels for maximum impact in both urban and rural markets.
Aneja’s approach combines content-first thinking with solution-led selling, focusing on empathy, insight and storytelling that resonates with audiences and brands alike. Colleagues praise her knack for building trust with agencies and clients while spotting innovative ways to convert ideas into revenue.
With this appointment, Spni aims to strengthen its agency relationships and continue delivering compelling advertising solutions that combine creativity with performance.
