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Varun Beverages Ltd Q3FY24; 76% rise in Profits

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 Q3FY24 of ₹2,668.00 Crores up from ₹2,214.00 Crore year on year, a rise of 20.51%.

Total Expenses for Q3FY24 of ₹2,489.00 Crores up from ₹2,134.00 Crores year on year, a rise of 16.64%.

Consolidated Net Profit of ₹144.00 Crores up 75.61% from ₹82.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.02, up 75.86% from ₹0.58 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.

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