Varun Beverages · NSE: VBL · BSE: 540180

Q2 FY25 results · Jul–Sep 2024

Varun Beverages reported revenue from operations of ₹4,932.06 crore (up 25.3% from Q2 FY24) and net profit of ₹628.83 crore (up 22.3% from Q2 FY24) for Q2 FY25 (Jul–Sep 2024), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY25	Q2 FY24	YoY	Q1 FY25	QoQ
Revenue from operations	4,932.06	3,937.76	+25.3%	7,333.67	−32.7%
Other income	24.25	18.51	+31.0%	44.03	−44.9%
Total income	4,956.31	3,956.26	+25.3%	7,377.70	−32.8%
Profit before share of associates & JVs and tax	800.23	667.34	+19.9%	1,663.61	−51.9%
Share of profit/(loss) of associates & JVs	(0.10)	(0.42)		(0.54)
Net profit for the period	628.83	514.06	+22.3%	1,261.83	−50.2%
Attributable to shareholders of the company	619.61	501.07	+23.7%	1,252.60	−50.5%
EPS, basic (₹)	1.91	3.86	not comparable	9.64	not comparable
Net margin (%)	12.7	13.1		17.2

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY25	Q2 FY24	YoY	Q1 FY25	QoQ
Revenue from operations	3,086.84	2,892.38	+6.7%	5,801.59	−46.8%
Other income	100.17	31.04	+222.7%	67.25	+49.0%
Total income	3,187.02	2,923.42	+9.0%	5,868.84	−45.7%
Profit before tax	645.19	554.61	+16.3%	1,535.86	−58.0%
Net profit for the period	492.34	415.61	+18.5%	1,150.14	−57.2%
EPS, basic (₹)	1.52	3.20	not comparable	8.85	not comparable
Net margin (%)	15.9	14.4		19.8

Consolidated

Filed with BSE: 23 Oct 2024, 09:13 IST
Board meeting: 22 Oct 2024
Period: 01 Jul 2024 to 30 Sep 2024
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 23 Oct 2024, 09:13 IST
Board meeting: 22 Oct 2024
Period: 01 Jul 2024 to 30 Sep 2024
Review status: Unaudited
Source: XBRL filing on BSE