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Mint
4 hours ago
- Business
- Mint
Varun Beverages Q2 profit up 5pc to ₹1,325.4 cr, revenue down 2.32 pc to ₹7,163 cr
New Delhi, Jul 30 (PTI) Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Tuesday reported a 5.04 per cent increase in its consolidated net profit to ₹ 1,325.4 crore for the second quarter that ended June 2025, helped by operational efficiencies and lower finance cost, though volume was impacted in peak summer season due to unseasonal rains. The company, which follows the calendar year as its financial year, had posted a net profit of ₹ 1,261.8 crore in the April-June quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). However, its revenue from operations declined 2.32 per cent to ₹ 7,163.02 crore in the June quarter of FY26. It stood at ₹ 7,333.67 crore in the corresponding quarter last fiscal. During June, VBL reported a 3 per cent drop in consolidated sales volume at 389.7 million cases in Q2 CY2025 from 401.6 million cases in Q2 CY2024, primarily due to abnormally high unseasonal rainfall throughout the quarter in India," the bottler said in its earnings statement. Its India volumes declined by 7.1 per cent, while international volumes grew by 15.1 per cent, partially offsetting the overall decline, it said. In the June quarter, "net realisation per case at the consolidated level improved by 0.5 per cent, driven by 6.6 per cent improvement in the International markets," said VBL. VBL's profit after tax (PAT) rose 5 per cent, primarily driven by operational efficiencies and lower finance costs, the company said. Total expenses declined 3.62 per cent to ₹ 5,506.94 crore in the June quarter. VBL's total income in the June quarter was at ₹ 7,240.17 crore, down 1.86 per cent. Commenting on the results, Chairman Ravi Jaipuria said, "In spite of unusually early onset of monsoon rains in the peak summer months in India, we could keep our realisations per case and EBITDA margins intact. Due to growth in international markets supported by strong positive currency movement in African territories, the company ended the quarter with a positive PAT, in spite of 3 per cent decline in consolidated sales volumes." Meanwhile, in a separate filing, VBL said its board has approved a second interim dividend of ₹ 0.50 per share, representing 25 per cent of the face value of ₹ 2 each. In the June quarter, VBL commissioned new production facilities at Prayagraj (UP), Damtal (HP), Buxar (Bihar) and Mendipathar (Meghalaya). Moreover, during the current quarter, Varun Beverages Morocco SA (a subsidiary of the company) has started commercial production of PepsiCo's snack product "Cheetos" in Morocco. VBL has franchisees for various PepsiCo products across 27 states and 7 union territories in India, which accounts for 90 per cent of the beverage sales volume of PepsiCo India. Besides, it has also franchises for the territories of Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe. India is the largest market and contributes around 80 per cent of revenues from operations.
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Business Standard
7 hours ago
- Business
- Business Standard
Varun Beverages Q2 results: Profit up 5% to ₹1,325.4 cr, revenue down 2.32%
Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Tuesday reported a 5.04 per cent increase in its consolidated net profit to Rs 1,325.4 crore for the second quarter that ended June 2025, helped by operational efficiencies and lower finance cost, though volume was impacted in peak summer season due to unseasonal rains. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 1,261.8 crore in the April-June quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). However, its revenue from operations declined 2.32 per cent to Rs 7,163.02 crore in the June quarter of FY26. It stood at Rs 7,333.67 crore in the corresponding quarter last fiscal. During June, VBL reported a 3 per cent drop in consolidated sales volume at 389.7 million cases in Q2 CY2025 from 401.6 million cases in Q2 CY2024, primarily due to abnormally high unseasonal rainfall throughout the quarter in India," the bottler said in its earnings statement. Its India volumes declined by 7.1 per cent, while international volumes grew by 15.1 per cent, partially offsetting the overall decline, it said. In the June quarter, "net realisation per case at the consolidated level improved by 0.5 per cent, driven by 6.6 per cent improvement in the International markets," said VBL. VBL's profit after tax (PAT) rose 5 per cent, primarily driven by operational efficiencies and lower finance costs, the company said. Total expenses declined 3.62 per cent to Rs 5,506.94 crore in the June quarter. VBL's total income in the June quarter was at Rs 7,240.17 crore, down 1.86 per cent. Commenting on the results, Chairman Ravi Jaipuria said, "In spite of unusually early onset of monsoon rains in the peak summer months in India, we could keep our realisations per case and EBITDA margins intact. Due to growth in international markets supported by strong positive currency movement in African territories, the company ended the quarter with a positive PAT, in spite of 3 per cent decline in consolidated sales volumes." Meanwhile, in a separate filing, VBL said its board has approved a second interim dividend of Rs 0.50 per share, representing 25 per cent of the face value of Rs 2 each. In the June quarter, VBL commissioned new production facilities at Prayagraj (UP), Damtal (HP), Buxar (Bihar) and Mendipathar (Meghalaya). Moreover, during the current quarter, Varun Beverages Morocco SA (a subsidiary of the company) has started commercial production of PepsiCo's snack product "Cheetos" in Morocco. VBL has franchisees for various PepsiCo products across 27 states and 7 union territories in India, which accounts for 90 per cent of the beverage sales volume of PepsiCo India. Besides, it has also franchises for the territories of Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe. India is the largest market and contributes around 80 per cent of revenues from operations. Shares of Varun Beverages Ltd on Wednesday were trading at Rs 522.30 on BSE, up 1.97 per cent from the previous close.
Mint
7 hours ago
- Business
- Mint
Varun Beverages Q2 profit up 5pc to ₹1,325.4 cr, revenue down 2.32 pc to ₹7,163 cr
New Delhi, Jul 30 (PTI) Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Tuesday reported a 5.04 per cent increase in its consolidated net profit to ₹ 1,325.4 crore for the second quarter that ended June 2025, helped by operational efficiencies and lower finance cost, though volume was impacted in peak summer season due to unseasonal rains. The company, which follows the calendar year as its financial year, had posted a net profit of ₹ 1,261.8 crore in the April-June quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). However, its revenue from operations declined 2.32 per cent to ₹ 7,163.02 crore in the June quarter of FY26. It stood at ₹ 7,333.67 crore in the corresponding quarter last fiscal. During June, VBL reported a 3 per cent drop in consolidated sales volume at 389.7 million cases in Q2 CY2025 from 401.6 million cases in Q2 CY2024, primarily due to abnormally high unseasonal rainfall throughout the quarter in India," the bottler said in its earnings statement. Its India volumes declined by 7.1 per cent, while international volumes grew by 15.1 per cent, partially offsetting the overall decline, it said. In the June quarter, "net realisation per case at the consolidated level improved by 0.5 per cent, driven by 6.6 per cent improvement in the International markets," said VBL. VBL's profit after tax (PAT) rose 5 per cent, primarily driven by operational efficiencies and lower finance costs, the company said. Total expenses declined 3.62 per cent to ₹ 5,506.94 crore in the June quarter. VBL's total income in the June quarter was at ₹ 7,240.17 crore, down 1.86 per cent. Commenting on the results, Chairman Ravi Jaipuria said, "In spite of unusually early onset of monsoon rains in the peak summer months in India, we could keep our realisations per case and EBITDA margins intact. Due to growth in international markets supported by strong positive currency movement in African territories, the company ended the quarter with a positive PAT, in spite of 3 per cent decline in consolidated sales volumes." Meanwhile, in a separate filing, VBL said its board has approved a second interim dividend of ₹ 0.50 per share, representing 25 per cent of the face value of ₹ 2 each. In the June quarter, VBL commissioned new production facilities at Prayagraj (UP), Damtal (HP), Buxar (Bihar) and Mendipathar (Meghalaya). Moreover, during the current quarter, Varun Beverages Morocco SA (a subsidiary of the company) has started commercial production of PepsiCo's snack product "Cheetos" in Morocco. VBL has franchisees for various PepsiCo products across 27 states and 7 union territories in India, which accounts for 90 per cent of the beverage sales volume of PepsiCo India. Besides, it has also franchises for the territories of Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe. India is the largest market and contributes around 80 per cent of revenues from operations. Shares of Varun Beverages Ltd on Wednesday were trading at ₹ 522.30 on BSE, up 1.97 per cent from the previous close.
News18
8 hours ago
- Business
- News18
Varun Beverages Q2 up 5pc to Rs 1,325.4 cr, revenue down 2.32 pc to 7,163 cr
New Delhi, Jul 30 (PTI) Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Tuesday reported a 5.04 per cent increase in its consolidated net profit to Rs 1,325.4 crore for the second quarter that ended June 2025, helped by operational efficiencies and lower finance cost, though volume was impacted in peak summer season due to unseasonal rains. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 1,261.8 crore in the April-June quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). However, its revenue from operations declined 2.32 per cent to Rs 7,163.02 crore in the June quarter of FY26. It stood at Rs 7,333.67 crore in the corresponding quarter last fiscal. During June, VBL reported a 3 per cent drop in consolidated sales volume at 389.7 million cases in Q2 CY2025 from 401.6 million cases in Q2 CY2024, primarily due to abnormally high unseasonal rainfall throughout the quarter in India," the bottler said in its earnings statement. Its India volumes declined by 7.1 per cent, while international volumes grew by 15.1 per cent, partially offsetting the overall decline, it said. In the June quarter, 'net realisation per case at the consolidated level improved by 0.5 per cent, driven by 6.6 per cent improvement in the International markets," said VBL. VBL's profit after tax (PAT) rose 5 per cent, primarily driven by operational efficiencies and lower finance costs, the company said. Total expenses declined 3.62 per cent to Rs 5,506.94 crore in the June quarter. Commenting on the results, Chairman Ravi Jaipuria said, 'In spite of unusually early onset of monsoon rains in the peak summer months in India, we could keep our realisations per case and EBITDA margins intact. Due to growth in international markets supported by strong positive currency movement in African territories, the company ended the quarter with a positive PAT, in spite of 3 per cent decline in consolidated sales volumes." Meanwhile, in a separate filing, VBL said its board has approved a second interim dividend of Rs 0.50 per share, representing 25 per cent of the face value of Rs 2 each. In the June quarter, VBL commissioned new production facilities at Prayagraj (UP), Damtal (HP), Buxar (Bihar) and Mendipathar (Meghalaya). Moreover, during the current quarter, Varun Beverages Morocco SA (a subsidiary of the company) has started commercial production of PepsiCo's snack product 'Cheetos" in Morocco. VBL has franchisees for various PepsiCo products across 27 states and 7 union territories in India, which accounts for 90 per cent of the beverage sales volume of PepsiCo India. Besides, it has also franchises for the territories of Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe. India is the largest market and contributes around 80 per cent of revenues from operations. Shares of Varun Beverages Ltd on Wednesday were trading at Rs 522.30 on BSE, up 1.97 per cent from the previous close. PTI KRH KRH DR DR view comments First Published: July 30, 2025, 12:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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GMA Network
a day ago
- Politics
- GMA Network
DILG urges LGUs to enforce discipline in waste management
From discarded refrigerators to old sofas, uncollected waste clogging waterways remains one of the biggest man-made drivers of flooding in urban areas, and the Department of the Interior and Local Government (DILG) is urging LGUs to take action. During the Post-SONA Discussions, DILG Secretary Jonvic Remulla emphasized the importance of stricter enforcement of waste management ordinances and fostering community discipline. He said that while tropical cyclones can be predicted, human behavior cannot. 'Makikita mo kasi na bawat LGU [local government unit] may hazard map iyan... Alam na namin kung saan puwedeng magka-landslide, kung saan babaha, lahat iyan predictable. Ang hindi predictable, human behavior,' Remulla said. (Every LGU has hazard maps. We already know where landslides or flooding may happen; that's all predictable. What's not predictable is human behavior.) He described how, during cleanup operations, clogged drainage systems yield not just plastic waste but also furniture, beds, and appliances. 'Iyong magdi-drain ka ng kanal at ng river, makukuha mo refrigerator, kama, furniture, kung anu-ano ang makikita mo sa ilalim. And that's all human behavior. And that is correctable if we enforce it properly,' Remulla said. (When you clean canals and rivers, you'll find refrigerators, beds, furniture—all sorts of things. That's human behavior, and it's correctable if we enforce the rules properly.) President Ferdinand Marcos Jr., in his State of the Nation Address on Monday, called on Filipinos to take disaster preparedness seriously, from participating in drills to following evacuation orders and avoiding dumping trash in danger zones. 'Ang daan ng kalikasan, hindi basurahan iyan, para iyan sa kalikasan talaga,' Remulla said. (Natural waterways are not garbage dumps. They're part of nature and should be treated as such.) To address the issue systemically, the DILG is holding a summit with Metro Manila mayors on Friday to discuss how to institutionalize waste discipline among local communities, especially in flood-prone barangays. 'This is a governance issue as much as it is an environmental one,' Remulla said. —VBL, GMA Integrated News
