Brands
Coca-Cola reports strong quarter as Maaza joins billion-dollar brand club
MUMBAI: The fizz in the Coca-Cola Co continues to be strong. It has reported a six per cent rise in its latest quarterly revenue to $11.5 billion in the period to 31 December 2024, with Indian beverage Maaza becoming its 30th billion-dollar brand. Thums Up and Sprite are the other Indian brands in the billion dollar club.
The company saw unit case volumes increase by two per cent in the fourth quarter of 2024, while full-year volumes grew one per cent, driven by strong performance in India, Brazil and Mexico.
“In India, our business rebounded nicely during the quarter and we grew volume. We recruited consumers with innovative marketing campaigns that link Coca-Cola with music, Sprite with travel and Thums Up with movies”, said The Coca-Cola Co chairman and CEO James Quincey.
The company’s digital transformation in India added approximately 440,000 outlets to its customer platforms in 2024. The beverage giant also completed a significant refranchising of its Indian bottling operations, recording net gains of $303 million for the year.
Chief financial officer John Murphy, following a recent visit to India, said: “The Indian market has got a tremendous amount of runway ahead. We believe that the Jubilant group coming in is going to add tremendously to our abilities to continue to step change our execution in the marketplace”.
The Coca-Cola Co has been facing intense competition in the Indian marketplace which is only going to multiply with Reliance Industries putting all its might behind the Campa Cola brand to crack open the soft drink market for itself. Price has so far been the pivot which has seen its brands Campa Cola corner 10 per cent plus shares in certain markets where launches have been made
Brands
Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
