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Unseasonal rains unfavorably impact Coca-Cola’s India business

New Delhi: Unseasonal rains in the June quarter unfavorably impacted The Coca-Cola Company’s business in India but the beverage major kept its growth outlook for the market “intact”.

New Delhi: Unseasonal rains in the June quarter unfavorably impacted The Coca-Cola Company’s business in India but the beverage major kept its growth outlook for the market “intact”.

“India business was unfavorably impacted by unseasonable rain and cooler temperatures in the quarter. However, the growth outlook remains intact,” James Quincey, Chairman and CEO of The Coca-Cola Company said during the company’s post earnings call on Wednesday.

“India business was unfavorably impacted by unseasonable rain and cooler temperatures…

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