Page 2 - Varun Beverages Shares

PepsiCo India revenue in Apr-Dec 2023 at Rs 5,954 cr, profit at Rs 217 cr

Pepsico India Holdings' consolidated revenue from operations during April-December 2023 was at Rs 5,954.16 crore and profit was Rs 217.26 crore, according to financial data accessed by business intelligence platform Tofler. Total income, which also includes other income, was at Rs 6,094.70 crore in the nine-month period. The company has changed its financial year from April-March to January-December, hence it has come out with three quarters results of 2023. It follows the calendar year as financial year from January 2024. During the nine months, its revenue from sales in the domestic market was at Rs 5,533.63 crore. Exports contributed Rs 266.19 crore to the total revenue of the company, which is not a publicly listed entity. Revenue from the snacks business in which it operates with brands including Kurkure, Lays, Doritos and Quaker was at Rs 4,763.29 crore. Pepsico India's revenue from the beverages business in which it operates with fizz-based drinks and juices with brands suc

VBL, MRPL among top picks of Anand Rathi for July 04; check key levels here

On an hourly scale, MRPL has been showing a consolidation pattern above the 21, 50, 100, and 200-period Exponential Moving Averages (EMA)

Nestle, VBL, Godrej Cons: Nuvama picks these FMCG stocks on robust outlook

The rural markets have outpaced urban demand, registering a 7.6 per cent increase compared to a 5.7 percent rise in urban areas, in the March quarter of FY24

Varun Beverages Q4 results: Net profit rises 25.2% to Rs 537.3 crore

PepsiCo's bottling partner focused on reducing sugar content in beverages

Varun Beverages Q1 results: Revenue up 11.3%, net profit at Rs 537 cr

Consolidated revenue from operations in the first quarter stood at Rs 4,397.98 crore as against Rs 3,952.59 crore in the year-ago period, it added

Varun Beverages starts production of soft drinks at Gorakhpur facility

Varun Beverages, leading bottler of beverage major PepsiCo, on Saturday said it has started commercial production of soft drinks and energy drinks from its production facility at Gorakhpur, Uttar Pradesh. The Jaipuria family-promoted firm will also start juices and value-added dairy products from the Gorakhpur facility, Varun Beverages Ltd (VBL) said in a regulatory filing. "Our company has today started commercial production of carbonated soft drinks & energy drinks (juices and value added dairy products to be started) at its production facility at Gorakhpur, Uttar Pradesh," it said. VBL said it is investing about Rs 1,100 crore for the greenfield project. In its latest annual report statement, VBL said it is expanding production capacities in the juices and value-added dairy products segments in 2024. VBL operates across six countries. Three markets of the Indian Subcontinent -- India, Sri Lanka, and Nepal contributed 83 per cent of its net revenues, while three African ...

Varun Beverages to expand capacities of juices, value-added dairy items

Varun Beverages, leading bottler of beverage major PepsiCo, is expanding its production capacities in the juices and value-added dairy products segments in 2024, according to the latest annual report of the company. Besides, Varun Beverages Ltd (VBL) is strengthening its distribution network and chilling infrastructure, which is essential to enhance presence in the existing and under-penetrated markets, its promoter & Non-Executive Chairman Ravi Jaipuria told shareholders. "Central to our expansion strategy for CY 2024 is the further development of manufacturing facilities, with a focus on adapting to evolving consumer preferences and market trends. We are particularly concentrating on increasing our production capacities in the juices and value-added dairy products segments," he said. The company operates across six countries. Three markets of the Indian Sub-continent, India, Sri Lanka and Nepal, contributed 83 per cent of its net revenues, while three African countries, Morocco,

Volume outlook remains strong for Varun Beverages after stellar Q3 results

The Indian market led on the volume front, experiencing a growth of 19 per cent, while international markets posted a 16 per cent growth

Varun Beverages Q4 result: Profits surge 77%, revenue at Rs 2,731 cr

Consolidated net profit rose to Rs 132 cr ($15.9 million) for the fourth quarter ended Dec. 31, compared with Rs 74.75 crore rupees in the year-ago period

Varun Beverages Ltd to acquire The Beverage Company for Rs 1,320 cr

Varun Beverages Limited said that the indicative time period for the completion of the acquisition is on or before July 31, 2024

Coca-Cola conducting pilot test of its alcohol-based beverage, Lemon-Dou

For the test run, the beverage has been priced at Rs 230 for a 250 ml can and is being sold in Goa and some parts of Maharashtra

Coca-Cola set to invest Rs 3,000 crore to install new plant in Sanand

Once the plant begins operations, it will have a workforce of about 400 persons in operational and engineering roles

Varun Beverages outperforms, up for 4th day in a row; analysts upbeat

Analysts believe VBL is expected to continue its strong growth momentum, which will be led by Normalcy of operations and market share gains in newly-acquired territories (post COVID-19 disruptions).

FMCGs extend fall on RBI's warning of higher inflation; more pain on cards?

Barring Varun Beverages that reached a new all-time high and Colgate Palmolive (India), other FMCG stocks trade fragile.

Varun Beverages Q2 results: Net profit rises 26.2% YoY, revenue up 13.5%

The company's revenue from operations was up 13.5 per cent to Rs 56,997.34 crore from Rs 50,175.75 crore in the June quarter last year

Pepsi bottler Varun Beverages posts Q1 profit jump; announces stock split

Varun Beverages approved a share split of its existing shares in a ratio of 1:2 to boost its liquidity and make its stock "more attractive" to small investors

ITC, Nestle India: Fresh breakouts to assist FMCG index reach historic peak

FMCG stocks may rise up to 17% once the index hits a new all-time high

Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall

Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground

Varun Beverages rallies 7% on strong December quarter earnings

The strong recovery in demand post the pandemic and continued efforts towards expanding the distribution network across markets resulted in a 41% growth in consolidated sales volume in CY22.

Varun Beverages profit jumps two-fold to Rs 81.5 crore, revenue up 27.9%

Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Monday reported a more than twofold jump in its consolidated net profit to Rs 81.52 crore for the quarter that ended December 31, 2022, led by volume growth and improved net realizations. The company, which follows the calendar year as its financial year, posted a net profit of Rs 32.59 crore during the October-December quarter a year ago. Its revenue from operations during the quarter under review stood at Rs 2,257.20 crore, up 27.89 per cent as against Rs 1,764.93 crore of the corresponding period last fiscal, Varun Beverages Ltd (VBL) said in a regulatory filing. VBL's "sales volumes grew by 17.8 per cent in Q4 CY2022 to 132.0 million cases," said the company in its earning statement. Its PAT increased 150 per cent in the October-December period, which is a "seasonally weak quarter". Its "net realization increased by 6 per cent to Rs 164 primarily due to price hike in select SKUs, rationalised discounts/incentives, an