Shares of PepsiCo bottler Varun Beverages (VBL) jumped 5.5% on BSE today to the day’s high of Rs 1,558.45 after reporting an increase of 25% year-on-year (YoY) in March quarter PAT to Rs 548 crore. The brokerages have increased the target price for the stock post earnings announcement. The company’s revenue from operations in Q1 … Read more
Varun Beverages on Monday reported a consolidated net profit of Rs 548 crore, rising 25% year-on-year (YoY) for the quarter ended March 31, 2024, as compared to Rs 439 crore reported in the year-ago period. The revenue from operations for the reported quarter stood at Rs 4,398 crore which was up by 11.2% YoY over … Read more
One of the largest franchisees of PepsiCo, Varun Beverages, on Tuesday reported a 69% year-on-year (YoY) increase in consolidated profit after tax to Rs 429 crore for the quarter ended March 31, 2023. The company had reported a net profit of Rs 254 crore in the same quarter of the previous fiscal year. The company’s … Read more