Varun Beverages Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth has consistently improved, showcasing strong demand.
Operational efficiencies have led to better cost management in the latest quarter.
Expansion into new markets has positively impacted sales figures.

NEGATIVES

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	5,699.73	3,937.76	2,730.98	4,397.98	7,333.67	4,932.06	3,817.62	5,680.03	7,163.02	5,047.74
Expenses	4,188.72	3,055.61	2,312.69	3,409.22	5,342.46	3,780.94	3,237.64	4,416.06	5,164.25	3,900.37
Operating Profit	1,511.02	882.15	418.29	988.76	1,991.22	1,151.12	579.97	1,263.96	1,998.77	1,147.38
Other Income	41.60	18.51	9.12	8.35	44.03	24.25	44.64	28.06	77.16	148.03
Interest	69.37	62.50	73.66	93.69	129.16	118.53	109	41.12	36.55	45.21
Depreciation	171.93	170.81	165.97	187.52	242.48	256.61	260.78	272.51	306.15	307.60
Profit Before Tax	1,311.09	666.92	187.98	715.75	1,663.07	800.13	254.14	977.81	1,732.04	940.91
Tax	305.67	152.86	44.22	167.77	401.24	171.31	58.49	246.45	406.56	195.72
Net Profit	1,005.42	514.06	143.76	547.98	1,261.83	628.83	195.64	731.36	1,325.49	745.19
Eps in Rs	7.65	1.54	0.41	1.65	3.86	1.91	0.56	2.15	3.89	2.19