How RJ Corp Dominated the Indian Fast Food Industry 🍕
#KFC #pizzahut #Pepsi #foodindustry #stocks #StockMarketIndia #DidYouKnow
#KFC #pizzahut #Pepsi #foodindustry #stocks #StockMarketIndia #DidYouKnow
RJ Corp is responsible for bringing global fast food brands like Pepsi, KFC, Pizza Hut, Costa Coffee and others to India. Ravi Jaipuria is the man behind RJ Corp. It is the parent company of Varun Beverages and Devyani International which are listed on the Indian stock exchange.
The company has established a multi-billion dollar empire through its national and international operations. The group has 832 core brand stores across the country.
Devyani International 🍗
In FY22, the company generated a revenue of ₹2,084 crores out of which ₹1,218 crores was from KFC. In total, they have 364 KFC outlets across the country.
In FY22, the company generated a revenue of ₹2,084 crores out of which ₹1,218 crores was from KFC. In total, they have 364 KFC outlets across the country.
The company's second-largest revenue generator brand is Pizza Hut with ₹531 crores of revenue from operations in FY22. In addition, the company owns many other global brand franchises like Costa Coffee, Vaango and The Food Street.
Varun Beverages 🧃
Varun Beverages is the second largest bottling partner of PepsiCo. The bottling business is the top revenue generator for RJ Corp.
Varun Beverages is the second largest bottling partner of PepsiCo. The bottling business is the top revenue generator for RJ Corp.
Ravi Jaipuria's name is synonymous with PepsiCo's operations in India. Devyani International reported a profit after tax of ₹155.10 crores for FY22. Whereas, Varun Beverages reported a profit after tax of ₹694 crores for FY22.
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