Stock Spirits said operating profit before exceptional costs knock down to 5.2 million euros i.e. $5.79 million for the six months ended June 30, from 23.2 million euros a year earlier.
The details of the investments were not disclosed. Earlier, this month that Coca-Cola was nearing a deal to acquire a minority stake in Suja, valuing the company at about $300 million.
Thums Up cola and Sprite lemon drink makers also has come full circle by turning to Ganguly, who used to endorse Coca-Cola beverages from 1997 to 2000.
In the short term, Diet Pepsi sales are likely to see bump from the marketing push around the new formula, which will include in-store sampling and discounting in coming weeks.
The maker of Coca-Cola and Sprite fizzy drinks makes a statement on Wednesday that \\\'mid-single digit decline in India\\\' year on year in the quarter.
At old service tax rate, the effective rate of taxation came to 4.94 per cent of the food bill and at the higher rate of 14 per cent it comes to 5.6 per cent.