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Varun Beverages Q3 Results: Revenue grows, margin expands despite rains, competition
Consolidated sales volumes for Varun Beverages increased by nearly 22% from the year-ago quarter to 267.5 million cases during the quarter. This also includes nearly 34 million cases from BevCo and DRC during the current quarter.
Varun Beverages Share Price Gains As Q3 Margin Expansion Keeps Analysts Bullish
CLSA said Varun Beverages remains its top pick in consumer staples, while Jefferies said smart margin expansion allowed the earnings beat.
Varun Beverages shares up 3.4% as Nifty gains
Shares of Varun Beverages Ltd. traded 3.4 per cent up in Wednesday's trade at 09:58AM (IST). Around 130,239 shares changed hands on the counter. The scrip opened at Rs 599.0 and touched an intraday high and low of Rs 625.
PepsiCo Bottler Varun Beverages posts Q3 profit at Rs 619.61 crore, revenue rises by 25.3% YoY
Varun Beverages posted revenue from operations at Rs 4932.06 crore, up 25.3 per cent as against Rs 3937.76 crore during the same period of previous year.
Varun Beverages Q3 Results: Consolidated Net Profit Soars 22.4%, Shares Jump 2.08%
Large cap FMCG company Varun Beverages Ltd shares today zoomed 2.08% to 590.20 per share on BSE at 12:28 soon after the company reported its September 2024 quarter results.
Varun Beverages Sept qtr profit up 22% to Rs 629 cr
PepsiCo's largest franchise bottler, on Tuesday reported 22.33% rise in consolidated net profit at Rs 628.82 crore.
Varun Beverages Q3 earnings: Net profit rises 22%, shares gain
Net profit climbed to Rs 628.82 crore in Q3 of this fiscal against Rs 514 crore in the September 2023 quarter.
GlobalData on MSN
1d
More capex on way, Varun Beverages indicates
Varun Beverages’ board has approved the plan, which will see the shares issued in at least one tranche, subject to ...
8h
on MSN
Varun Beverages Q3 results met estimates; here are fresh stock price targets
In the current session, the stock rose 5.16% to Rs 625 on BSE. Market cap of the firm rose to Rs 2 lakh crore.
10h
Varun Beverages shares rise 3.4 per cent in Wednesday's trading session
Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively. Shares of Varun Beverages Ltd. rose 3.4 per cent ...
7h
Varun Beverages Ltd (NSE:VBL) Q3 2024 Earnings Call Highlights: Robust Revenue and EBITDA ...
Varun Beverages Ltd (NSE:VBL) reports strong financial performance with a 24.1% revenue increase, while navigating increased finance costs and competitive pressures.
5h
Hold Varun Beverages; target of Rs 606: ICICI Securities
ICICI Securities recommended hold rating on Varun Beverages with a target price of Rs 606 in its research report dated October 23, 2024.
1d
on MSN
Pepsi India bottler Varun Beverages tops Q3 profit view on healthy international demand
Pepsi India bottler Varun Beverages' third-quarter profit exceeded analysts' expectations on Tuesday as healthy demand for soda in its international markets helped outweigh a monsoon-hit domestic ...
1d
on MSN
Is it still summer for a cola war? What Varun Beverages said on Ambani's Campa as competition
Varun Beverages acknowledged Reliance's Campa Cola as a formidable competitor but stated that its pricing strategy has not ...
1d
on MSN
Bajaj Finance, Power Grid, Adani Green, Zomato, Paytm& Varun Beverages: Check Q2 results preview
Check analysts preview for companies including Bajaj Finance, Power Grid, Varun Beverages, Zomato, Paytm and Adani Green ...
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