Latest news with #VarunBeveragesLimited
News18
a day ago
- Business
- News18
Varun Beverages Shares In Focus After Q2 Miss On Volumes, Margins Hold Steady
Varun Beverages Share Price: Varun Beverages Limited's Q2 CY2025 earnings show a 3% decline in sales volume due to unseasonal rainfall. Varun Beverages Share Price: Varun Beverages Limited's shares will remain in the spotlight on Wednesday, following the Q2 earnings in CY25. Consolidated sales volume declined by 3.0% to 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 India volumes declined by 7.1%, while international volumes grew by 15.1% (South Africa growing at 16.1%), partially offsetting the overall decline. Revenue from operations (net of excise / GST) decreased by 2.5% YoY to Rs. 70,173.7 million in Q2 CY2025 as compared to Rs. 71,968.6 million in Q2 CY2024. EBITDA increased by 0.4% in Q2 CY2025 to Rs. 19,987.7 million from Rs. 19,912.2 million in Q2 CY2024. EBITDA margins increased by 82 bps in Q2 CY2025 to 28.5% from 27.7% in Q2 CY2024, in-spite of increase in fixed overheads due to new capacity being commissioned at four greenfield plants in India which all are yet to yield incremental volumes. PAT increased by 5.0% to Rs. 13,254.9 million in Q2 CY2025 from Rs. 12,618.3 million in Q2 CY2024 driven by operational efficiencies and lower finance cost. o In H1 CY2025, mix of Low / No added sugar products was ~ 55% of consolidated sales volumes. • EBITDA increased by 9.5% to Rs. 32,627.4 million in H1 2025 from Rs. 29,799.8 million in H1 2024 • PAT higher by 13.6% to Rs. 20,568.5 million in H1 2025 from Rs. 18,098.2 million in H1 2024 Varun Beverages Dividend 2025 In line with our dividend policy, the Board of Directors has approved a second interim dividend of 25% of face value, i.e., Rs. 0.50 per share, resulting in a total cash outflow of approximately Rs. 1,691 million. Acquisition of 50% stake in Everest Industrial Lanka (Private) The Company has Acquired 50% equity share capital of Everest Industrial Lanka (Private) Limited ('EIL"). EIL, a company in Sri Lanka is engaged in the business of production, manufacturing, distribution and selling of commercial visi-coolers and related accessories. view comments First Published: 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.
Mint
2 days ago
- Business
- Mint
Varun Beverages Q2 Results: Reports marginal profit growth as domestic volumes slip; second interim dividend declared
Varun Beverages, one of the largest franchisees of PepsiCo globally (outside the USA), announced its June quarter results on July 29, reporting a 3% decline in consolidated sales volumes to 389.7 million cases in Q2 CY25, down from 401.6 million cases a year earlier, impacted by the unusually early onset of monsoon rains during the peak summer months in India. Indian volumes fell 7.1%, while international volumes grew 15.1%, led by a 16.1% increase in South Africa, partially offsetting the overall decline. Net realization per case at the consolidated level improved 0.5%, driven by a 6.6% improvement in international markets. Revenue from operations decreased 2.5% YoY to ₹ 7,017 crore in Q2 CY25, compared to ₹ 7,196 crore in Q2 CY24. At the operating level, EBITDA rose 0.4% YoY to ₹ 1,998.8 crore, compared to ₹ 1,991.2 crore in the same quarter last year. EBITDA margins expanded by 82 basis points to 28.5%, despite an increase in fixed overheads from newly commissioned capacities at four greenfield plants in India, which are yet to contribute incremental volumes. At the bottom line, the decline in volumes weighed on profitability. However, operational efficiencies and lower finance costs helped the company post a 5% YoY increase in net profit to ₹ 1,325 crore in Q2 CY25, compared to ₹ 1,261 crore in the same period last year. Commenting on the performance, Mr. Ravi Jaipuria, Chairman of Varun Beverages Limited, said, "Although unseasonal rains have impacted performance during the quarter, we have successfully navigated such challenges in the past and emerged stronger. We continue to strengthen our on-ground execution by adding more visi-coolers and ensuring wider product availability across retail touchpoints." "With robust capacities now operational, an expanding product portfolio, and a sharply focused distribution network, we are well-positioned to capture emerging opportunities and drive sustainable, long-term value creation for all stakeholders," he further added," he further added. The Board of Directors has approved a second interim dividend of 25% of the face value of ₹ 2, amounting to ₹ 0.50 per share, resulting in a total cash outflow of approximately ₹ 169 crore. The company has fixed August 2, 2025, as the record date for determining the entitlement of equity shareholders to receive the second interim dividend. The company stated that the interim dividend will be paid on or after August 5, 2025, to shareholders whose names appear in the Register of Members or in the list of beneficial owners maintained by the depositories as of August 2, 2025.
Time of India
09-07-2025
- Business
- Time of India
Top stocks to buy today: Stock recommendations for July 9, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, AAVAS Financiers, Jyothy Labs, and Varun Beverages Limited (VBL) are the top stocks to buy today: AAVAS Financiers – Consolidation with Strong Base Formation Buy near ₹1900 | SL: ₹1700 | Target: ₹2300 AAVAS has been in a prolonged consolidation phase with a clearly defined base around ₹1700. The broader trend remains strong, and despite volatility, no major breakdown has been witnessed in the last couple of years. Multiple base formations suggest strong support, offering a favorable risk-reward. The April high near ₹2250 could be breached in the coming weeks, opening potential towards ₹2300. Jyothy Labs – Breakout After Double Bottom Buy near ₹355 | SL: ₹335 | Target: ₹395 Jyothy Labs has confirmed a double bottom around ₹315, followed by a breakout on strong volumes in the recent session. This move signals a potential trend reversal. The stock now looks well-positioned for a short-term pullback. With the 200-DMA placed near ₹400, the stock could attempt to retest those levels. Buying is advised with a target of ₹395. VBL – Oversold Bounce with Double Bottom Setup Buy near ₹460 | SL: ₹450 | Target: ₹490 Varun Beverages Limited appears deeply oversold across daily and intraday timeframes. A double bottom formation near ₹440, along with a fresh intraday breakout, suggests a near-term reversal. The setup favors a short-term bounce toward ₹490. Accumulate with a tight stop. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
08-07-2025
- Business
- Time of India
Top stocks to buy today: Stock market recommendations for July 8, 2025
Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head - Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Jio Finance, and Varun Beverages Limited (VBL) are the top stocks to buy today: Jio Finance – Buy in the range between Rs 326 & Rs 330; Stop Loss: Rs 319; Target Rs 345 Jio Finance has formed a flag pattern and is expected to break out on the upside. Momentum indicators have also given a positive crossover above the zero line. The stock has been consolidating in a broad range since last week and has closed above 10 daily moving average i.e. 320, resuming the uptrend today. The stock is expected to continue the uptrend till the previous swing high i.e. 345. Key resistance is 332 & 345 and support is at 323 and 319. VBL – Buy in the range between Rs 462 & Rs 466; Stop Loss: Rs 449; Target: Rs 493 Varun Beverages Limited has broken out of an Ending Diagonal pattern and has resumed the uptrend. The stock has been consolidating since last month and has taken support at the lower end of the Bollinger band i.e. 445. Momentum indicator has given positive crossover below the zero line. The stock is expected to continue the uptrend till the previous swing high i.e. 493. Key resistance is at 475 & 493 and support is at 458 and 449. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Business Upturn
29-05-2025
- Business
- Business Upturn
Varun Beverages begins commercial production at new Meghalaya facility
By News Desk Published on May 29, 2025, 07:08 IST Varun Beverages Limited (VBL) has commenced commercial production of carbonated soft drinks and juice-based beverages at its new facility located in Mendipathar, Meghalaya, the company informed stock exchanges on Thursday. The production began on the night of May 28, 2025, at 10:35 PM, marking a significant operational expansion for one of the largest franchisees of PepsiCo beverages in India. In an official filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company stated that the new plant is now operational and will manufacture both carbonated drinks and juice-based products, catering to demand in the northeastern region. The update has also been made available on the company's official website — This development is expected to strengthen VBL's regional supply chain footprint, improve logistics efficiency, and support its growth strategy in underserved and high-potential markets across Northeast India. News desk at
