Hero MotoSports Team Rally Welcomes Tobias Ebster To Rider Line-Up

Hero MotoSports Team Rally, the motorsport team of the world’s largest manufacturer of motorcycles and scooters — Hero MotoCorp – has added promising young talent Tobias Ebster to its international rider line-up, following a highly successful 2024 season.

Tobias Ebster, 27, from Zillertal, Austria, is widely recognized as one of rally racing’s most promising rising stars. He entered his first rally just four years ago — the Hellas Rally Raid — after establishing a solid background in motocross and enduro. His breakthrough came in 2022, when he won the prestigious FIM Bajas World Cup in Dubai. He continued to impress by securing victory in the Rally 2 category at the Abu Dhabi Desert Challenge, outperforming a field of seasoned competitors.

A trained mechanical engineering technician, Tobias has taken on a range of freelance jobs — including landscaper, taxi driver, plumber, pizza delivery rider, and carpenter — to maintain a flexible schedule that supports his intense training and racing commitments.

In his debut Dakar Rally last year — Tobias delivered a remarkable performance. Displaying exceptional grit and endurance, he claimed victory in the grueling "Original by Motul" category without any assistance and finished an impressive 20th overall, earning the coveted title of Best Rookie. His determination and talent also secured him a Dakar entry through the “Road to Dakar” program, a dream he pursued and achieved despite significant setbacks. In Dakar 2025, competing once again as a privateer — but this time with assistance — Tobias raised the bar even higher. He finished an astonishing 9th overall, emerging as the top privateer in the field.

Tobias is set to make his debut race appearance with Hero MotoSports later this month at the South African Safari Rally. This event, making its first appearance on the World Rally-Raid Championship (W2RC) calendar, serves as the third round of the 2025 season. Tobias will line up alongside teammates Ross Branch and Nacho Cornejo for the rally.

Wolfgang Fischer, Team Manager, Hero MotoSports Team Rally, said:

"We are absolutely thrilled to welcome Tobias Ebster to the Hero MotoSports family! His addition comes at a truly exciting time for us, following our historic World Championship victory led by our star rider Ross Branch. In just over nine years, Hero MotoSports has firmly established itself among the top teams in rally racing, and the arrival of a world-class talent like Tobias – current leader of the Rally2 championship - marks another major milestone in our journey."

"Tobias already shares a strong bond with several of our riders, and we are excited to see that camaraderie come alive once again under the Hero MotoSports banner. His impressive will to work upwork his career to where he stands now, and true spirit of sportsmanship perfectly align with our team’s values and ambitions. We are confident Tobias will play a significant role in elevating our performance even further this season and beyond. With new energy, renewed determination, and exciting new talent, we look forward to an incredible season ahead!"

Tobias Ebster, Rider, Hero MotoSports Team Rally, said:

"I’m thrilled and deeply honoured to be joining Hero MotoSports, a team that has been making headlines for all the right reasons. I’ve followed the team’s incredible rise over the past few years and have always admired how quickly they’ve become a force to reckon with in rally racing. It’s an exciting time to join, and I’m fully committed to giving my best and contributing to the team’s continued success."

"I look forward to racing alongside some of the most talented and promising riders in the sport, many of whom I also consider close friends. I sincerely thank Hero MotoSports for placing their trust in me — it’s a true privilege to represent the world’s largest manufacturer of motorcycles and scooters at some of the toughest and most iconic races around the world!"

Born into a family deeply rooted in motorsport, Tobias found his passion for two wheels at an early age, receiving his first bike at just four years old. Guided by his uncle Heinz Kinigadner — a two-time Motocross World Champion and rally-raid legend — Tobias developed his skills across motocross and desert racing, laying the foundation for what promises to be an outstanding career in rally-raid. With an already impressive trajectory early in his career, Tobias brings immense talent and resilience to the Hero MotoSports squad.

Bengaluru Leads India's Residential Market: 25% Share In Q1 2025 Launches And Sales, Premium Segment Soars 119%: JLL

·      In Q1 2025 Bengaluru recorded an all-time high quarterly launch of 20,484 units; led quarterly pan India launches with more than 25% share

·      City level launches recorded an increase of around 62% compared to Q1 2024; Bellary Road submarket led the Q1 2025 new launches accounting for 36% share

·      Bengaluru’s Q1 sales of 15,340 units, though witnessed a 10% drop year-on-year, led pan India sales with almost similar 25% share

·      Whitefield accounted for highest share (~35%) in Q1 2025 city level sales, Hosur Road and Bellary Road submarkets also made significant contributions.

·      Apartments priced INR 1.0 crore and above recorded significant year-on-year growth of 62% and 31% in Bengaluru’s overall launches and sales respectively, during Q1 2025.

In the first quarter of 2025 (Q12025), Bengaluru set a new benchmark in India's residential real estate market. The city achieved its highest-ever quarterly launch of 20,484 residential units, while also recording 15,340-unit sales. This performance established Bengaluru as the top contributor (with around 25% share) to both residential supply and demand across India for Q1 2025. Despite a general slowdown in housing sales both nationwide and within Bengaluru during this period, the city maintained its premiere position in the country's residential landscape highlighting its sustained appeal to homebuyers.

Bengaluru's residential supply of 20,484 units in 1Q 2025 surpassed the city's previous high set in Q2 2024 and registered a substantial 62% increase compared to the same quarter in the previous year. The prime factors driving the sustained residential sector growth in Bengaluru include its robust IT and startup ecosystem, its rising popularity as an employment hub and the ongoing expansion of Namma Metro and road networks connecting peripheries to the core. Additionally, strong property sales performance in previous quarters that boosted investor and developer confidence resulted in steady surge in launches and strengthened Bengaluru's position as a key player in India's housing sector.

“Sustained quarterly sales in Bengaluru have been largely driven by healthy buyer interest in projects launched during the same quarter. Interestingly in Q1 2025, around 30% of Bengaluru’s sales were contributed by projects launched during the first quarter of the year, signalling strong buyer confidence in such projects in early stages of construction. In terms of submarket wise performance, Bellary Road emerged as the frontrunner in new project launches, accounting for over a third of the total, meanwhile, Whitefield proved most attractive to homebuyers, generating 35% of the quarter's overall sales,” Siva Krishnan, Senior Managing Director (Chennai & Coimbatore), Head - Residential Services, India, JLL.

Sustained contribution by high end and premium apartments in Bengaluru’s housing sector dynamics

Improved supply and demand traction in apartments priced more than INR 1.0 crore drove Bengaluru’s quarterly housing sector performance, despite a short-term slowdown in sales Apartments priced INR 1.0 crore and above, held a dominant share of around 61% in Bengaluru’s Q1 housing sales and recorded a remarkable growth of ~31% when compared to Q1 2024. Out of this, the premium segment apartments (priced between INR 3.0 -5.0 crore) witnessed majority of the traction with ~119% year-on-year growth in sales. The consistent rise in demand for more expensive homes reflects growing wealth among property seekers, evolving lifestyle aspirations, and a shift towards prioritizing spacious and high-end residences.” said Dr. Samantak Das, Chief Economist and Head of Research and REIS, India, JLL.

Residential prices see steady climb

Bengaluru's residential real estate market witnessed a healthy upswing in Q1 2025, with average property prices climbing by approximately 13% compared to the previous year. This price appreciation can be largely attributed to factors such as introduction of high-end projects at premium price points that has pulled the average price upwards and the rapid absorption of quality developments. Whitefield enjoyed the highest Y-o-Y price growth of 17% followed by Hosur Road submarket with 14% appreciation

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About JLL India

JLL is India’s premier and largest professional services firm specialising in real estate. The Firm has grown from strength to strength in India for the past two decades. JLL India has an extensive presence across 10 major cities (Mumbai, Delhi NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata, Ahmedabad, Kochi, and Coimbatore) and over 130 tier-II and III markets with a cumulative strength of over 16,000 professionals. The Firm provides investors, developers, local corporates, and multinational companies with a comprehensive range of services. These include leasing, capital markets, research & advisory, transaction management, project development, facility management and property & asset management. These services cover various asset classes such as commercial, industrial, warehouse and logistics, data centres, residential, retail, hospitality, healthcare, senior living, and education. For further information, visit jll.co.in 

Volkswagen India To Open Pre-Bookings For The Iconic Golf GTI

Volkswagen India is proud to announce that pre-bookings for the legendary Volkswagen Golf GTI will commence from the 5th of May 2025. With the latest generation Golf GTI Mk 8.5, Indian enthusiasts will have access to the globally celebrated carline for the very first time through a limited allocation. With its rich motorsport heritage, timeless design language, and exhilarating performance, the Golf GTI is more than just a car – it’s a symbol of dynamic driving, and iconic appeal. The Golf GTI is available as a Fully built unit (FBU) offering customers an opportunity to experience the true GTI DNA in its purest form.

Commenting on the announcement, Mr. Ashish Gupta, Brand Director, Volkswagen India, said, “The Golf GTI is revered as one of the most iconic cars globally, and we are truly proud to offer customers in India the opportunity to own a piece of Volkswagen’s performance legacy. It’s a car that blends everyday usability with turbocharged driving experience - perfect for discerning enthusiasts who appreciate precision engineering designed to deliver thrilling performance. It’s an embodiment of German Engineering at its finest.

Key highlights of the Golf GTI Mk 8.5:

-          265 PS of power and 370 Nm of torque

-          0-100 Km/h in 5.9 seconds

Pre-bookings for the Volkswagen Golf GTI will open on 5th of May 2025 exclusively on Volkswagen India’s official website (www.volkswagen.co.in) for a limited duration.

Due to limited availability, early pre-bookings are highly recommended. Deliveries are expected to begin in June 2025 from selected Volkswagen dealerships across India.

To pre-book or know more visit www.volkswagen.co.in

Dairy Day Spreads Goodness And Gratitude This May Day With A Sweet Surprise For Delivery Partners

Dairy Day, a prominent ice cream brand across South & West India, celebrated May Day by bringing to life its core value of goodness in a heartfelt manner. Guided by its commitment to spreading goodness in every consumer’s life, the brand encouraged people to pause for a moment and express gratitude to the people who make their lives easier every day.

On May 1st, Bangaloreans received a delightful surprise—a free Dairy Day ice cream with their Blinkit orders! But this wasn’t just about indulging customers; it was about bringing a little joy to the delivery partners who work tirelessly every day. Thousands across the city were encouraged to pause, say thank you and share an ice cream with their delivery partner — recognizing the everyday heroes who make our lives easier.

Over a period of more than two decades, Dairy Day has championed the timeless power of Goodness through compelling campaigns, driven by a deep belief in its universal relevance and the transformative impact of small acts of kindness and gratitude.  

“At Dairy Day, Goodness is a way of life that is deeply embedded in everything that we do, every single day. As a brand that believes in creating everyday moments of joy, we see this campaign as not just being about ice cream, but about spreading some goodness around us. A simple thank you, delivered in the form of a sweet treat- that’s the kind of world we want to help build.” said Arvind Ramachandran, Vice President – Marketing, Dairy Day Ice Creams.

About Dairy Day:

From its beginnings in 2002, Dairy Day has grown to one of the most prominent ice cream brands across South & West India, offering over 150 products in 30+ flavours, all made in its state-of-the-art facility, which is equipped with a production capacity of 4 lakh litres per day.

Federation of Automobile Dealers Associations (FADA) Releases Apr’25 Vehicle Retail Data

To continue our tradition of providing in-depth research, FADA is now releasing Fuel wise vehicle retail market share across all key categories. These actionable insights will empower our entire stakeholder community, with a granular view of evolving energy preferences and regulatory influences shaping India’s automotive ecosystem. As fuel-mix trends become an indispensable barometer for market forecasting and sustainability planning, this segment-wise analysis will deliver critical intelligence for OEMs, Dealers, Policymakers and Investors alike.

The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for Apr'25.

April’25 Retails

Reflecting on April 2025 auto-retail results, FADA President Mr. C S Vigneshwar noted: “The new financial year began on a modest note as overall retails in April managed to grow by 3% YoY. All categories except CV closed in the green, with 2W, 3W, PV and Trac up 2.25%, 24.5%, 1.5% and 7.5% respectively, while CVs declined by 1%. With the tariff war paused, stock markets staged a sharp pullback—alleviating investor concerns—and customers thus leveraged Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu to complete purchases, helping April end on a positive note.

2W retail volumes demonstrated a resilient up-cycle—growing 2.25% YoY and accelerating 11.84% MoM—underscoring a stable demand environment amid mixed headwinds. Dealers reported buoyant enquiry growth in rural areas post-Rabi harvest, driven by strong crop yields, healthy reservoir levels and a favourable monsoon outlook, while wedding-season tailwinds sustained rural offtake. Urban demand remained robust, supported by new-model introductions, although elevated financing costs and OBD2B-linked price adjustments posed isolated bottlenecks.

Despite limited model introductions, the PV segment registered a 1.55% YoY increase alongside a marginal 0.19% MoM decline. This performance reflects a discount-led market and elevated inventories—approximately a 50-day supply—amid cautious consumer sentiment that tempered enquiry-to-sale conversions. Sustained SUV demand underpinned volumes even as entry-level customers remained cautious, underscoring the need for OEMs to recalibrate production and reduce stock levels to mitigate deeper discounts and carrying costs at dealerships. FADA continues to advocate a 21-day inventory norm at dealerships to enhance market responsiveness and cost efficiency.

April’s CV segment faced a 1.05% YoY decline and a 4.44% MoM contraction following OEM-led price increases against stagnant freight rates and fleet utilisation. Dealer feedback highlights that advance purchases in March resulted in elevated carryover stocks, while holiday calendars dampened fresh enquiries and delayed conversions—particularly in the SCV cargo category, where price and product gaps have weighed heavily. Conversely, the bus segment exhibited resilience, underpinned by strong school-transport and staff-mobility demand. Although financing availability remains broadly stable, enhanced support for first-time users will be critical to reignite momentum.”

Near-Term Outlook

May’s agricultural cycle is concluding on a strong note, underpinned by healthy crop prices and robust mandi procurement. The IMD’s forecast of an above-normal southwest monsoon bodes well for rural incomes, farm-sector growth and downstream demand, while a well-distributed rainy season is critical to containing food inflation. At the same time, Kantar’s Rural Barometer and GroupM data signal heightened consumer selectivity in rural India—household spending has outpaced income growth, and inflationary pressures are tempering discretionary purchases. Here, non-essential categories such as 2W is likewise plateauing amid rising living costs. Meanwhile, the Reserve Bank’s recent bond purchases are set to inject surplus liquidity into the banking system, paving the way for lower lending rates and enhanced auto-loan affordability.

Dealer feedback also paints a nuanced picture for May across all segments. In 2W, marriage-season and post-harvest demand should underpin enquiries, yet financiers are tightening customer-level credit criteria—higher CIBIL requirements and down-payment mandates—despite broader banking-system liquidity. Summer heat and school holidays may further suppress showroom visits though IMD predicts that it may not be as bad as last year. PV retails are expected to hold steady but muted, as buyers await new-model roll-outs and contend with elevated financing costs. Commercial vehicles are likely to trade flat, weighed down by a high-base effect, slower e-commerce activity and intensifying competition from electric three-wheelers; targeted OEM incentive schemes and forthcoming infrastructure projects offer some offset. Auto Industry will need to balance these event-driven tailwinds against customer-level liquidity constraints and seasonal softness to sustain momentum.

In aggregate, these dynamics point to a cautiously optimistic outlook—demand will be choppy, but disciplined inventory management, targeted incentives and easing borrowing costs should help the industry navigate the month.

Key Findings from our Online Members Survey

Liquidity

Neutral 52.34%

Good 23.83%

Bad 23.83%

Sentiment

Neutral 55.08%

Good 23.83%

Bad 21.09%

Expectation from May’25

Flat 48.44%

Growth 37.50%

De-growth 14.06

Kotak Mahindra Bank Consolidated PAT For FY25 At Rs 22,126 Crore, Up 21% YoY

* Q4FY25 at Rs 4,933 crore

* Standalone PAT for FY25 at Rs 16,450 crore, up 19% YoY

* Q4FY25 at Rs 3,552 crore

The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the audited standalone and consolidated results for the quarter and financial year ended March 31, 2025, at the Board meeting held in Mumbai, today.

Consolidated results at a glance

Consolidated PAT for FY25 increased to Rs 22,126 crore (including gain on divestment of KGI of Rs 3,013 crore) from Rs 18,213 crore in FY24, up 21% YoY. Consolidated PAT for FY25 excluding gain on divestment of KGI stood at Rs 19,113 crore, up 5% YoY. Consolidated PAT for Q4FY25 stood at Rs 4,933 crore (Rs 5,337 crore in Q4FY24).

Including gain on divestment of KGI of Rs 2,730 crore. Excluding this gain, PAT for FY25 stood at Rs 13,720 crore

Please note: Q4FY25 & FY25 PAT includes gain in sudsidiaries and associates (excl. insurance) entities of  Rs 411 crore due to alignment with RBI directions on valuation of investment portfolio.

Consolidated Customer Assets which comprises Advances (incl. IBPC & BRDS) and Credit Substitutes grew to  Rs 537,860 crore as at March 31, 2025 from Rs 479,169 crore as at March 31, 2024, up 12% YoY.

Total Assets Under Management as at March 31, 2025 grew to Rs 669,885 crore, up 20% YoY from Rs 560,140 crore as at March 31, 2024. The Domestic MF Equity AUM increased by 27% YoY to Rs 313,084 crore as at March 31, 2025.

Consolidated Networth as at March 31, 2025 was Rs 157,395 crore (including increase in reserves due to RBI’s Master Direction on investment valuation of Rs 5,630 crore and gain on KGI divestment of Rs 3,013 crore). The Book Value per Share as at March 31, 2025 was Rs 792, up 21% YoY from Rs 653 at March 31, 2024.

At the consolidated level, Return on Assets (ROA) for FY25 was 2.73% (including gains on KGI) and 2.36% (excluding gains on KGI). ROA for Q4FY25 (annualized) was 2.36%. Return on Equity (ROE) for FY25 was 15.19% (including gains on KGI) and 13.12% (excluding gains on KGI). ROE for Q4FY25 (annualized) was 12.90%. 

Consolidated Capital Adequacy Ratio as per Basel III as at March 31, 2025 was 23.3% and CET I ratio was 22.3%.

Average Liqudity Coverage Ratio stood at 135% for Q4FY25.

Kotak Mahindra Bank standalone results

The Bank’s PAT for FY25 increased to Rs 16,450 crore (including gain on divestment of KGI of Rs 2,730 crore)  from Rs 13,782 crore in FY24, up 19% YoY. PAT for FY25 excluding gain on divestment of KGI stood at Rs 13,720 crore. PAT for Q4FY25 stood at Rs 3,552 crore (Rs 4,133 crore in Q4FY24).

Net Interest Income (NII) for FY25 increased to ? 28,342 crore, from ? 25,993 crore in FY24, up 9% YoY and for Q4FY25 increased to ? 7,284 crore, from ? 6,909 crore in Q4FY24, up 5% YoY.

Net Interest Margin (NIM) was 4.96% for FY25 and 4.97% for Q4FY25.

Fees and services for FY25 increased to Rs 9,530 crore from Rs 8,464 crore in FY24, up 13% YoY and for Q4FY25 increased to Rs 2,616 crore from Rs 2,467 crore in Q4FY24, up 6% YoY.

Operating profit for FY25 increased to Rs 21,006 crore from Rs 19,587 crore in FY24, up 7% YoY and for Q4FY25 stood at Rs 5,472 crore (Rs 5,462 crore in Q4FY24).

Customer Assets, which comprises Advances (incl. IBPC & BRDS) and Credit Substitutes, increased by 13% YoY to Rs 477,855 crore as at March 31, 2025 from Rs 423,324 crore as at March 31, 2024. Advances (incl. IBPC & BRDS) increased 13% YoY to Rs 444,316 crore as at March 31, 2025 from Rs 391,729 crore as at March 31, 2024. Average advances (incl. IBPC & BRDS) for FY25 grew at 18% YoY.

Unsecured retail advances (incl. retail microcredit) as a % of net advances stood at 10.5% as at March 31, 2025

Average Total Deposits grew to Rs 468,486 crore for Q4FY25 compared to Rs 408,321 crore for Q4FY24 up 15% YoY. Average total deposits for FY25 grew at 16% YoY.

CASA ratio as at March 31, 2025 stood at 43.0%. TD sweep balance grew 18% YoY to Rs 55,627 crore.

Cost of funds was 5.09% at Q4FY25.

Credit to Deposit ratio as at March 31, 2025 stood at 85.5%.

Customers as on March 31, 2025 were 5.3 crore (5.0 crore as on March 31, 2024).

As at March 31, 2025, GNPA was 1.42% & NNPA was 0.31% (GNPA was 1.39% & NNPA was 0.34% at March 31, 2024). As at March 31, 2025, Provision Coverage Ratio stood at 78%.

Standalone Return on Assets (ROA) for FY25 was 2.65% (including gains on KGI) and 2.21% (excluding gains on KGI). ROA for Q4FY25 (annualized) was 2.19%.  Return on Equity for FY25 was 12.57% (excluding gains on KGI).

Capital Adequacy Ratio of the Bank, as per Basel III, as at March 31, 2025 was 22.2% and CET1 ratio of 21.1%.

The Board of Directors of the Bank has recommended a dividend of Rs 2.50 per equity share having face value of Rs 5, for the year ended March 31, 2025, subject to approval of shareholders.

The financial statements of Indian subsidiaries (excluding insurance companies) and associates are prepared as per Indian Accounting Standards in accordance with the Companies (Indian Accounting Standards) Rules, 2015. The financial statements of subsidiaries located outside India are prepared in accordance with accounting principles generally accepted in their respective countries. However, for the purpose of preparation of the consolidated financial results, the results of subsidiaries and associates are in accordance with Generally Accepted Accounting Principles in India (‘GAAP’) specified under Section 133 and relevant provision of Companies Act, 2013.

About Kotak Mahindra Group

Established in 1985, Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd (KMBL).

Kotak Mahindra Group (Group) offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life and general insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked.

Kotak Mahindra Group has a global presence through its subsidiaries in UK, USA, Gulf Region, Singapore and Mauritius with offices in London, New York, Dubai, Abu Dhabi, Singapore and Mauritius respectively. As on 31st March 2025, Kotak Mahindra Bank Ltd has a national footprint of 2,148 branches and 3,295 ATMs (incl. cash recyclers), and branches in GIFT City and DIFC (Dubai).

For more information, visit the Company’s website at https://www.kotak.com

This media release is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Kotak Mahindra Bank Limited (the “Bank”) and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. No offering of securities of the Bank will be made except by means of a statutory offering document containing detailed information about the Bank.

This media release is not a complete description of the Bank. Certain statements in the media release contain wordor phrases that are forward looking statements. All forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward looking statement. Any opinion, estimate or projection herein constitutes a judgment as of the date of this media release, and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection. The information in this media release is subject to change without notice, its accuracy is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Bank. We do not have any obligation to, and do not intend to, update or otherwise revise any statements reflecting circumstances arising after the date of this media release or to reflect the occurrence of underlying events, even if the underlying assumptions do not come to fruition.

All information contained in this media release has been prepared solely by the Bank. No information contained herein has been independently verified by anyone else. No representation or warranty (express or implied) of any nature is made nor is any responsibility or liability of any kind accepted with respect to the truthfulness, completeness or accuracy of any information, projection, representation or warranty (expressed or implied) or omissions in this media release. Neither the Bank nor anyone else accepts any liability whatsoever for any loss, howsoever, arising from any use or reliance on this media release or its contents or otherwise arising in connection therewith. This media release may not be used, reproduced, copied, distributed, shared, or disseminated in any other manner.

The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this media release comes should inform themselves about, and observe, any such restrictions.

Figures for the previous period/ year have been regrouped wherever necessary to conform to current period’s / year’s media release. Totals in some columns/ rows may not agree due to rounding off.

Coca-Cola Foodmarks 2.0 Debuts At NRAI Food Delivery Summit 2025

Coca-Cola India announced its partnership with the National Restaurant Association of India (NRAI) at the 4th Edition of the NRAI Food Delivery Summit 2025, held at Le Meridien, New Delhi. This collaboration marks the official launch of Coca-Cola Foodmarks 2.0, an initiative that celebrates India’s most iconic culinary destinations. Each foodmark spotlights places where the perfect meal, the perfect moment, and an ice-cold Coca-Cola come together to create unforgettable food landmarks.

Inspired by culture and powered by the Real Magic of Coca-Cola, Foodmarks 2.0 is built on the successful collaborations with legendary establishments like Paradise in Hyderabad and Embassy in Delhi’s Connaught Place. Creating moments of connection, culture, and refreshment, Coca-Cola and NRAI are scaling the program to new heights by collaborating with India’s most loved restaurants to drive culinary discovery and enrich India's food culture. This initiative not only strengthens industry partnerships but also opens new avenues for restaurants to become part of India’s evolving cultural narrative.

Abhishek Gupta, Chief Customer Officer, Coca-Cola India said “This partnership with NRAI reflects our commitment to building platforms that drive growth for India’s restaurant industry. Foodmarks 2.0 turns iconic dining experiences into cultural destinations, fueled by the Real Magic of connection and discovery. At the core of every Foodmark is the simple pleasure of a hot meal, shared with an ice-cold Coca-Cola. Together, we are creating new opportunities for restaurants to become landmarks in India's culinary landscape.”

Sagar Daryani, President NRAI & CEO & Co-Founder, Wow! Momo Foods Pvt. Ltd. said, " Restaurants have always taken pride in their recipes, their stories, and their journeys. But in today’s world, excellence alone isn’t enough, discovery matters just as much. Coca-Cola Foodmarks addresses this opportunity by celebrating what makes each restaurant special and bringing it to the forefront. Given its global success, we believe India’s diversity of cuisines makes Foodmarks an even stronger fit, delivering authentic content and real visibility for the industry.”

With Foodmarks 2.0, Coca-Cola India and NRAI are ushering in a new chapter in India’s food culture. By uniting the country’s diverse flavors with an ice-cold Coca-Cola, the initiative is set to create lasting food landmarks that resonate with people. As the program expands, it will continue to strengthen the connection between people, food, and shared moments of Real Magic — one Foodmark at a time.

About Coca-Cola India

Coca-Cola in India is one of the country’s leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company, in line with its vision of ‘Beverages For Life’ offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In India its beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Charged by Thums Up, Fanta, Limca, Sprite, Maaza, Minute Maid range of juices and Honest Tea. The Company also offers hydration beverages including Limca GlucoCharge, Smartwater, Kinley, Dasani and Bonaqua packaged drinking water and Kinley Club Soda. Premium products constitute Schweppes and Smartwater. In addition, it offers a Costa Coffee range of tea and coffee. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market.

The Company along with its owned bottling operations and franchise bottling partners has a strong network of close to 4 million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable agriculture initiatives and carbon emission reductions across its value chain.

Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at www.cocacolacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.