{"id":140215,"date":"2023-02-06T05:12:56","date_gmt":"2023-02-06T10:12:56","guid":{"rendered":"https:\/\/44.250.171.167\/?p=140215"},"modified":"2023-02-06T05:12:57","modified_gmt":"2023-02-06T10:12:57","slug":"varun-beverages-reported-150-rise-in-its-net-profit","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/varun-beverages-reported-150-rise-in-its-net-profit\/","title":{"rendered":"Varun beverages reported 150% rise in its net profit"},"content":{"rendered":"\n<p>One of the largest franchisees of PepsiCo Varun Beverages reported a 150% year-on-year (YoY) increase in its consolidated profit after tax at INR 81.5 crore for the quarter ended December 31, 2022. The company had reported a net profit of INR 32.5 crore in the same quarter of the previous fiscal year.<\/p>\n\n\n\n<p>The company&#8217;s revenue from operations grew by 27.7% YoY to INR 2,214 crore in the December quarter of CY22. Meanwhile, the EBITDA increased by 48.1% to INR 3,07.5 crore in Q4CY22 from INR 207.6 crore in Q4CY21. Its sales volumes grew by 17.8% in the December quarter of the calendar year 2022 to 13.2 crore cases. Meanwhile, the company&#8217;s board has recommended a final dividend of INR 1\/share for the financial year ending 31 December 2022.<\/p>\n\n\n\n<p>&#8220;Our recent launches in the value-added Dairy segment have also been well-received by consumers, and we are confident that these products will continue to drive growth in the future,&#8221; says Mr Ravi Jaipuria, Chairman of Varun Beverages.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"804\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/aab6ba9b-b227-40a0-9446-4d5deab215c7-804x1024.png\" alt=\"\" class=\"wp-image-140216\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/aab6ba9b-b227-40a0-9446-4d5deab215c7-804x1024.png 804w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/aab6ba9b-b227-40a0-9446-4d5deab215c7-235x300.png 235w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/aab6ba9b-b227-40a0-9446-4d5deab215c7-768x978.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/aab6ba9b-b227-40a0-9446-4d5deab215c7-1206x1536.png 1206w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/aab6ba9b-b227-40a0-9446-4d5deab215c7-1608x2048.png 1608w\" sizes=\"auto, (max-width: 804px) 100vw, 804px\" \/><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the largest franchisees of PepsiCo Varun Beverages reported a 150% year-on-year (YoY) increase in its consolidated profit after tax at INR 81.5 crore for the quarter ended December 31, 2022. The company had reported a net profit of INR 32.5 crore in the same quarter of the previous fiscal year. The company&#8217;s revenue [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":140216,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,85],"tags":[11456,11457,11453,11455],"class_list":["post-140215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-retail-stocks","tag-miranda","tag-mountain-dew","tag-pepsi","tag-slice"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/aab6ba9b-b227-40a0-9446-4d5deab215c7.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142652,"url":"https:\/\/alphastreet.com\/india\/varun-beverages-q3fy23-net-profit-rises-by-150-percent\/","url_meta":{"origin":140215,"position":0},"title":"Varun Beverages Q3FY23 net profit rises by 150 percent","author":"Chirag Gupta","date":"February 23, 2023","format":false,"excerpt":"One of the largest franchisees of PepsiCo Varun Beverages reported a 150% year-on-year (YoY) increase in its consolidated profit after tax at INR 81.5 crore for the quarter ended December 31, 2022. The company had reported a net profit of INR 32.5 crore in the same quarter of the previous\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":141349,"url":"https:\/\/alphastreet.com\/india\/vinati-organics-q3fy23-net-profit-soars-by-51\/","url_meta":{"origin":140215,"position":1},"title":"Vinati organics Q3FY23 net profit soars by 51%","author":"Chirag Gupta","date":"February 13, 2023","format":false,"excerpt":"Vinati Organics rose 1.55% to INR 1,895 after the company's consolidated net profit surged 50.68% to INR 125.41 crore in Q3 FY23 as against INR 83.23 crore posted in Q3 FY22. Revenue from operations stood at INR 508.66 crore in the quarter ended 31 December 2022 from INR 368.95 crore\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":140654,"url":"https:\/\/alphastreet.com\/india\/tata-chemicals-reported-a-26-rise-in-its-net-profit-in-q3fy23\/","url_meta":{"origin":140215,"position":2},"title":"Tata chemicals reported a 26% rise in its net profit in Q3FY23","author":"Chirag Gupta","date":"February 9, 2023","format":false,"excerpt":"Tata Chemicals reported a 25.72% year-on-year (YoY) rise in its net profit to INR 391 crore for the quarter ended December 31, 2022. The company had reported a profit of INR 311 crore in the same quarter of the previous fiscal year. The company clocked a 32% increase in the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/tiny-pharmacist-with-pills-vitamins-flat-vector-illustration-doctors-writing-prescriptions-antibiotics-working-together-helping-patients-cure-pharmacy-business-drugstore-concept_74855-23225.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":143102,"url":"https:\/\/alphastreet.com\/india\/earnings-easemytrip-ltd-nseeasemytrip-q3fy23-results-out-total-income-rise-55-yoy\/","url_meta":{"origin":140215,"position":3},"title":"Earnings | EaseMyTrip Ltd (NSE:EASEMYTRIP): Q3FY23 Results Out; Total Income rise 55% YoY","author":"Divyansh_Kasana","date":"March 1, 2023","format":false,"excerpt":"EaseMyTrip Ltd (NSE:EASEMYTRIP) is an Indian online travel company that provides a range of travel-related services including flight and hotel bookings, tour packages, and bus tickets. It was founded in 2008 and is headquartered in Delhi. The company operates through its website and mobile app and has a strong presence\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140667,"url":"https:\/\/alphastreet.com\/india\/tata-powers-q3fy23-net-profit-rises-by-91\/","url_meta":{"origin":140215,"position":4},"title":"Tata Power&#8217;s Q3FY23 net profit rises by 91%","author":"Chirag Gupta","date":"February 9, 2023","format":false,"excerpt":"Tata Power reported a 91% year-on-year (YoY) rise in its consolidated profit after tax to INR 1,052 crore for the quarter ended December 31, 2022. The company had reported a net profit of INR 551.89 crore in the same quarter of the previous fiscal year. Its consolidated revenue was up\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142364,"url":"https:\/\/alphastreet.com\/india\/uflex-packaging-sales-volume-grew-by-34-percent-in-q3fy23\/","url_meta":{"origin":140215,"position":5},"title":"UFlex packaging sales volume grew by 34 percent in Q3FY23","author":"Chirag Gupta","date":"February 14, 2023","format":false,"excerpt":"UFlex Ltd, India's largest multinational flexible packaging and solutions company, announced its consolidated financial results for the third quarter ended December 31, 2022. The total Income of the Company grew 0.6% YoY to INR 3496 crore in Q3, FY23. The Company's Earnings before interest, depreciation & amortization, tax and foreign\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=140215"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/140215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/140216"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=140215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=140215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=140215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}