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Asia

Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%

Markets-Economic Times · 2h ago · 🇮🇳 India

Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%

Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international markets. Gross margins expanded while depreciation and finance costs rose due to acquisitions. The company also announced a strategic alliance to introduce the Calpis brand. A second interim dividend of Rs 0.50 per share was approved by the board.

Read the full story at Markets-Economic Times →

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