(Corrects period to first-quarter, not fourth-quarter in paragraph 1)
April 27 (Reuters) - Varun Beverages, PepsiCo's biggest bottling partner in India, reported a higher first-quarter profit on Monday, boosted by higher demand across domestic and international markets.
o The company said net profit rose 20.1% to 8.72 billion rupees ($92.54 million) in the quarter ended March 31.
o Consolidated sales volumes in India rose 14.4%, while international markets posted 21.4% growth.
o Revenue from operations expanded 18.4% year-on-year to 67.22 billion rupees, and expenses jumped 9.8%.
o "Demand remained encouraging during the quarter, supported by our wide distribution reach, strengthened execution, and continued investments in manufacturing capacity and chilling infrastructure," Varun Beverages Chairman Ravi Jaipuria said.
o Acquisition of Twizza in South Africa expected to generate meaningful operational and commercial synergies over time in Africa's largest soft drinks market, the company said.
o Beverage maker has been ramping up manufacturing capacity and distribution infrastructure to capture rising demand, positioning itself as a key growth engine for PepsiCo outside the U.S.
($1 = 94.2300 Indian rupees)
(Reporting by Mridula Kumar and Vijay Malkar in Bengaluru; Editing by Harikrishnan Nair)
