Varun Beverages Q3 earnings: Net profit rises 22%, board approves fund raising plan
Net profit climbed to Rs 628.82 crore in Q3 of this fiscal against Rs 514 crore in the September 2023 quarter.
Varun Beverages Q3 Results: Revenue grows, margin expands despite rains, competition
Consolidated sales volumes for Varun Beverages increased by nearly 22% from the year-ago quarter to 267.5 million cases during the quarter. This also includes nearly 34 million cases from BevCo and DRC during the current quarter.
Varun Beverages Q3 result: Profit rises 24% to Rs 620 cr on healthy demand
The company's shares reversed course after the results and climbed 1.5 per cent. Varun Beverages is the top-performing stock in the broader Nifty FMCG index, which is down 0.3 per cent.
Varun Beverages Ltd (NSE:VBL) Q3 2024 Earnings Call Highlights: Robust Revenue and EBITDA ...
Varun Beverages Ltd (NSE:VBL) reports strong financial performance with a 24.1% revenue increase, while navigating increased finance costs and competitive pressures.
Varun Beverages: Volume growth, better margins continue to drive bottom line
The Q3CY24 numbers of Varun Beverages (VBL; CMP: Rs 594; Market Capitalisation: Rs 1,93,068 crore; Rating: Overweight) were above Street expectations, led by favourable demand trends in key markets. Despite weather-related challenges in a seasonally weak quarter,
Varun Beverages Q3 Results: Consolidated Net Profit Soars 22.4%, Shares Jump 2.08%
Large cap FMCG company Varun Beverages Ltd shares today zoomed 2.08% to 590.20 per share on BSE at 12:28 soon after the company reported its September 2024 quarter results.
Varun Beverages Q3 earnings: Net profit rises 22%, shares gain
Net profit climbed to Rs 628.82 crore in Q3 of this fiscal against Rs 514 crore in the September 2023 quarter.
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More capex on way, Varun Beverages indicates
Varun Beverages’ board has approved the plan, which will see the shares issued in at least one tranche, subject to ...
Varun Beverages Q3 results met estimates; here are fresh stock price targets
In the current session, the stock rose 5.16% to Rs 625 on BSE. Market cap of the firm rose to Rs 2 lakh crore.
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Varun Beverages Share Price Gains As Q3 Margin Expansion Keeps Analysts Bullish
CLSA said Varun Beverages remains its top pick in consumer staples, while Jefferies said smart margin expansion allowed the earnings beat.
Varun Beverages shares rise 3.4 per cent in Wednesday's trading session
Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively. Shares of Varun Beverages Ltd. rose 3.4 per cent ...
Hold Varun Beverages; target of Rs 606: ICICI Securities
ICICI Securities recommended hold rating on Varun Beverages with a target price of Rs 606 in its research report dated October 23, 2024.
Pepsi India bottler Varun Beverages tops Q3 profit view on healthy international demand
Pepsi India bottler Varun Beverages' third-quarter profit exceeded analysts' expectations on Tuesday as healthy demand for soda in its international markets helped outweigh a monsoon-hit domestic ...
Is it still summer for a cola war? What Varun Beverages said on Ambani's Campa as competition
Varun Beverages acknowledged Reliance's Campa Cola as a formidable competitor but stated that its pricing strategy has not ...
Bajaj Finance, Power Grid, Adani Green, Zomato, Paytm& Varun Beverages: Check Q2 results preview
Check analysts preview for companies including Bajaj Finance, Power Grid, Varun Beverages, Zomato, Paytm and Adani Green ...