Varun Beverages Q3 Results: The consolidated net profit of Varun Beverages, a PepsiCo bottler, increased by 40.2% to ₹185.14 crore during the three months that concluded on December 31, 2024. The company’s financial reporting is done according to the calendar year, which runs from January to December. Let’s unleash all the details regarding ‘Varun Beverage Q3 results’.
Brief Background of Varun Beverages
Protecting the safety and interests of their users and investors is of utmost importance to Varun Beverages Limited (“VBL”). VBL does not run any websites, WhatsApp accounts, Instagram accounts, Facebook accounts, or other social media platforms that offer distributorship, nor does it have an online appointment system for distributors or suppliers.
There are no “Super Stockists” appointed by VBL. It is therefore clearly recommended by the company that innocent people must avoid falling for any unsanctioned, fraudulent calls, emails, WhatsApp messaging, or electronic/social media messages that promise such appointments.
VBL even makes it clear on its website that it does not require online payments in advance for any kind of appointment, including supplier or distributorship appointments. Anyone who deals with such dishonest individuals posing as VBL representatives does so at their own risk, and VBL disclaims all duty and obligation for upholding such fraudulent contracts and for any resulting losses or damages.
Objective of Varun Beverages
As the company provides a wide range of beverages that appeal to all age groups and refresh billions of consumers, they aim to maintain a sustainable ecosystem that benefits their world and people’s health.
Varun Beverages Q3 Results Key Details
The numbers revealed by the beverage company on Monday, February 10, along with a final dividend announcement of Rs.0.50 per equity share, tell much about the company’s business at the moment. Strong performance and smart expansions are reflected in this financial accomplishment, which marks a noteworthy finish to 2024. All the key details regarding the Varun Beverages Q3 results are listed below:
- Not only the net profit, compared to ₹2,730.98 crore in the previous quarter (December) of the CY24 (calendar year), but also revenue from operations climbed 39.78% to ₹3,817.61 crore as per the Varun Beverages Q3 results.
- ₹131.97 crore was the post-tax profit in the same quarter last year.
- EBITDA increased 39% to ₹580 crore, while the EBITDA margin was constant at 15.7%.
Varun Beverages Market Performance
At 12:52 pm on the NSE yesterday, Varun Beverages’ shares were down 2.47% at ₹540 per after the earnings announcement. Following the release of the Varun Beverages Q3 results in October 2024, Varun Beverages’ shares were up 1.7% at Rs 588.10 on the BSE. At the moment, the shares of the company are trading at 525.20, which signifies a red market line in its graphs.
Conclusion
Without a doubt, the best-performing stock in the larger Nifty FMCG index is Varun Beverages. Despite good Q3 & Q4 performance, the shares of the business are trading low. However, the Varun Beverages Q3 results show signs of hope for the company.
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