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Varun Beverages reports consolidated net loss of Rs 59.31 crore in the December 2019 quarter

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Capital Market

Sales rise 55.32% to Rs 1220.25 crore

Net Loss of Varun Beverages reported to Rs 59.31 crore in the quarter ended December 2019 as against net loss of Rs 71.51 crore during the previous quarter ended December 2018. Sales rose 55.32% to Rs 1220.25 crore in the quarter ended December 2019 as against Rs 785.62 crore during the previous quarter ended December 2018.

For the full year,net profit rose 60.15% to Rs 468.98 crore in the year ended December 2019 as against Rs 292.84 crore during the previous year ended December 2018. Sales rose 39.65% to Rs 7129.58 crore in the year ended December 2019 as against Rs 5105.26 crore during the previous year ended December 2018.

 
ParticularsQuarter EndedYear EndedDec. 2019Dec. 2018% Var.Dec. 2019Dec. 2018% Var.Sales1220.25785.62 55 7129.585105.26 40 OPM %9.486.08 -20.3019.72 - PBDT72.687.47 873 1184.90818.87 45 PBT-64.16-86.59 26 696.27433.80 61 NP-59.31-71.51 17 468.98292.84 60

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First Published: Feb 07 2020 | 1:46 PM IST

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