Varun Beverages Q1 Results Revenue at ₹73,336.72 Million & Net Profit of ₹12,618.34 Million

Varun Beverages Q1 Results 

Varun Beverages, a major bottler for PepsiCo, reported its financial results for the first quarter of 2024. The company showed strong performance in terms of revenue and profitability compared to the previous quarter and the same period last year.

For Q1 2024, Varun Beverages earned a total revenue of ₹10,500 crore, which is a significant increase from ₹8,800 crore in Q1 2023. This growth reflects higher sales volumes and better market conditions. The company’s operating profit for the quarter was ₹2,500 crore, up from ₹1,950 crore in Q1 2023, indicating improved operational efficiency and cost management.

Net profit for Q1 2024 was ₹1,200 crore, compared to ₹950 crore in Q1 2023. This increase in net profit highlights the company's ability to control costs and benefit from economies of scale. Earnings per share (EPS) also improved, reaching ₹5.20, up from ₹4.00 in the previous year.

Source: Here 

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Varun Beverages Q1 Results 2024-2025 Summary

Varun Beverages released its financial results for the first quarter of the fiscal year 2024-2025, showing notable growth. 

Varun Beverages showed improved performance with higher revenue and profit compared to the same quarter last year. They successfully managed their expenses and increased their net profit, demonstrating strong financial health and operational efficiency.

Here is a detailed summary of their Q1 results:

Varun Beverages Fiscal Year Overview

Varun Beverages company has a market capitalization of ₹1,84,639 crores, meaning it's valued highly in the stock market. The current price of its stock is ₹1,421, but it has reached a high of ₹1,707 and a low of ₹828 in the past. 

Here's the data in table format:

Quarterly Results 

Varun Beverages' financial results over three periods: December 2023, March 2024, and June 2024. Sales grew from Rs. 2,668 crores to Rs. 7,197 crores, meaning the company earned more money from selling its products. Expenses also increased but at a slower pace. 

Here's a summary of the financial performance over the periods provided:

About Varun Beverages 

Varun Beverages is a major company in the beverage industry and one of the biggest franchises for PepsiCo outside the USA. The company has been working with PepsiCo since the 1990s. Over the years, VBL has grown its business by covering more areas, making more PepsiCo drinks, and expanding its distribution.

Varun Beverages produces and sells a wide range of drinks. For carbonated soft drinks (CSDs), they offer popular PepsiCo brands like Pepsi, Mountain Dew, Sting, Seven-Up, Mirinda Orange, and Evervess. They also provide non-carbonated beverages (NCBs) like Tropicana juices, Seven-Up Nimbooz, Gatorade, and Aquafina water.

 Varun Beverages operates in 27 States and 7 Union Territories in India, where it handles about 90% of PepsiCo’s beverage sales. VBL also has franchises in other countries including Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe. India is its biggest market, contributing about 80% of its revenue in Fiscal 2022.