Varun Beverages Ltd has been associated with PepsiCo since the 1990s and is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world. The company produces and distributes a wide range of carbonated soft drinks, non-carbonated drinks and packaged water sold under trademarks owned by PepsiCo.
PepsiCo brands produced and sold by the company include Pepsi, Seven-up, Mirinda Orange, Mountain Dew, Tropicana Juices and many more.
Financial Results:
Varun Beverages Ltd reported Revenues for Q2FY24 of ₹3,871.00 Crores up from ₹3,177.00 Crore year on year, a rise of 21.84%.
Total Expenses for Q2FY24 of ₹3,222.00 Crores up from ₹2,676.00 Crores year on year, a rise of 20.4%.
Consolidated Net Profit of ₹514.00 Crores up 30.13% from ₹395.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹3.86, up 31.74% from ₹2.93 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.