₹3,788 crore in 2022-23 from ₹1,502 crore a year earlier. Its losses narrowed to ₹64 crore from ₹102 crore in FY22. Hariharan's potential move to the beverage giant follows a series of recent senior appointments at Coca-Cola.
Greishma Singh took over as vice president of marketing effective 1 September, replacing Arnab Roy, who was recently named global category president, Coca‑Cola Trademark. Singh was most recently vice president of customer and commercial leadership for Coca-Cola's India and Southwest Asia operating unit. At HCCB, Bhutani’s appointment to oversee the company's financial operations is important as the bottling subsidiary plans an initial public offering.
Coca-Cola has been bullish on India’s growth prospects as it looks to reinvest a significant portion of its capital to build capacity in the country. Earlier this year, HCCB said it was building several new plants in Telangana and Maharashtra. It also said it would invest ₹3,000 crore to set up a juice and aerated drinks facility in Gujarat.
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