Varun Beverages

Varun Beverages reported a 13.54 per cent on-year increase in consolidated net profit to ₹830.6 crore for Q3CY2026, driven by double-digit volume growth in India and international markets.

Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Friday reported a 13.54 per cent on-year increase in consolidated net profit at Rs 830.6 crore for the September quarter of 2026, driven by double-digit volume growth in India and international markets. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 731.51 crore in the July-September quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). Revenue from operations was up 33.3 per cent to Rs 6,815.58 crore in the September quarter of 2026. It stood at Rs 5,112.43 crore in the corresponding quarter of the last year. Total expenses of VBL were up 35.77 per cent to Rs 5,880.55 crore in the September quarter. VBL's total consolidated income, which includes other income, in the September quarter was at Rs 6,935.44 crore, up 31.85 per cent. On a standalone basis, which primarily includes India sales, VBL's revenue from operations was up 24.75 per cent

Analysts said higher sugar prices and input cost inflation could weigh on FMCG stocks in the near term, with the impact varying across companies depending on their product mix and pricing power.

The move opens a larger addressable market but analysts see state-level regulatory complexity, limited distribution synergies and weak near-term earnings contribution

Appoints former Diageo executive Prathmesh Mishra as MD & CEO to lead KIVA Spirits and Company, its proposed wholly owned alcoholic beverages subsidiary

Varun Beverages is entering the alcoholic drinks market, setting up a wholly owned subsidiary and appointing former Diageo executive Prathmesh Mishra as its CEO and MD

For the quarter ended on June 30, Varun Beverages said that its PAT increased by 15.1 per cent Y-o-Y to ₹1,525.3 crore, driven by strong volume growth in India and International territories.

Consolidated sales volume grew 19.8 per cent to 466.7 million cases, while EBITDA margin narrowed 76 basis points to 27.7 per cent after Twizza consolidation

Q1FY27 company results: Firms including Ambuja Cements, Suzlon Energy, Birlasoft, Tata Capital, Cholamandalam Investment and Finance, and Pine Labs are also to release their April-June earnings today

Asahi tie-up, India growth, Africa expansion and new categories such as dairy, energy drinks and snacks are expected to diversify Varun Beverages' revenues and support long-term growth

Dividend stocks: Shares of Varun Beverages, ABB India, Stovec Industries, and Tanla Platforms are set to remain in the spotlight today following their announcement of dividend rewards for shareholders

Africa push, category expansion and pricing support drive estimate upgrades

Firms such as Reliance Industries, Axis Bank, UltraTech Cement, Coal India, Hindustan Zinc, and Varun Beverages are among the major names announcing dividends

VBL shares rose in trade on Tuesday after the company posted strong Q1CY26 results. Emkay Global, MOFSL, and Elara have raised target prices on margin strength, demand outlook, and expansion plans

Varun Beverages Ltd (VBL), PepsiCo's largest franchise bottler, on Monday reported 20.14 per cent increase in consolidated net profit to Rs 878.71 crore for March quarter 2026, helped by double-digit volume growth in India and international markets. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 731.35 crore in January-March 2025, according to a regulatory filing from Varun Beverages Ltd (VBL). Revenue from operations was up 18.33 per cent year-on-year to Rs 6,721.53 crore in March quarter. Sales volume in the quarter grew 16.3 per cent to 363.4 million cases from 312.4 million cases in Q1 2025, driven by volume growth of 14.4 per cent in India and 21.4 per cent in international territories, said an earnings statement by the company. Moreover, net realisation per case improved by 1.6 per cent at the consolidated level, supported by improved realisations in international territories primarily due to favourable currency movement, it

Q4FY26 company results: Firms including Adani Total Gas, AU Small Finance Bank, Bajaj Housing Finance, and Mahindra Holidays & Resorts are also to release their January-March earnings today

According to BSE data, Varun Beverages will trade ex-dividend tomorrow, April 8, 2026, while Gravity India will trade ex-date for its rights issue of equity shares

Stocks to Watch today, March 18: Tata Steel, Tech Mahindra, Varun Beverages, Shree Cement, and Aurobindo Pharma are among the top stocks to watch today

Nomura's top picks include Britannia and Titan. It also prefers Marico, Tata Consumer, Godrej Consumer, Asian Paints and United Spirits

Varun Beverages says expanded capacity, a diversified portfolio and its Africa strategy support confidence in a strong recovery, despite last year's weather-led demand disruption