Latest news with #VarunBeveragesLtd
Economic Times
10 hours ago
- Business
- Economic Times
Stock Radar: Down over 20% from highs! Varun Beverages stock showing signs of trend reversal – time to buy?
Varun Beverages Ltd, part of the beverage industry, recently gave a breakout from a 'W' pattern on the daily charts which helped the stock to reclaim crucial moving traders with a high-risk profile can look to buy the stock for a target of Rs 870 in the next 1-2 months, suggest beverage stock hit a high of Rs 680 on July 30, 2024, but it failed to hold the momentum. It closed at Rs 512 on July 29, 2025 which
Business Standard
a day ago
- Business
- Business Standard
Varun Beverages Ltd soars 1.87%
Varun Beverages Ltd is quoting at Rs 521.75, up 1.87% on the day as on 12:49 IST on the NSE. The stock is down 17.31% in last one year as compared to a 0.37% drop in NIFTY and a 11.42% drop in the Nifty FMCG index. Varun Beverages Ltd is up for a third straight session in a row. The stock is quoting at Rs 521.75, up 1.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 24858.35. The Sensex is at 81500.48, up 0.2%. Varun Beverages Ltd has risen around 15.53% in last one month. Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has risen around 0.9% in last one month and is currently quoting at 54891.15, up 0.18% on the day. The volume in the stock stood at 196.75 lakh shares today, compared to the daily average of 82.51 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 521.2, up 1.67% on the day. Varun Beverages Ltd is down 17.31% in last one year as compared to a 0.37% drop in NIFTY and a 11.42% drop in the Nifty FMCG index. The PE of the stock is 68.48 based on TTM earnings ending March 25.
Mint
a day 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
a day 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
a day 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.
