Varun Beverages' Q4 FY 2025-26 Quarterly Results

Result Summary

• Varun Beverages Ltd reported a 53.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.9%.
• Its expenses for the quarter were up by 38.3% QoQ and 15.2% YoY.
• The net profit increased 238.0% QoQ and increased 20.1% YoY.
• The earnings per share (EPS) of Varun Beverages Ltd stood at 2.58 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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Company Overview

Varun Beverages Ltd is a prominent company primarily engaged in the production and distribution of beverages. As a significant player in the beverage industry, the company operates extensively in bottling and distributing beverages, including a range of carbonated soft drinks, non-carbonated beverages, and packaged drinking water. The company is known for its association with PepsiCo, serving as one of the largest franchisees and bottlers for PepsiCo products in various regions. While specific recent developments are not provided, Varun Beverages Ltd often focuses on expanding its production capacities and distribution networks to increase its market presence and operational efficiency.

Revenue

For the fourth quarter of the fiscal year 2026 (Q4FY26), Varun Beverages Ltd reported a total income of ₹6,617.72 crore. This represents a significant increase of 53.8% in comparison to the previous quarter (Q3FY26), where the total income was ₹4,303.53 crore. When compared year-over-year, the total income increased by 15.9% from ₹5,708.08 crore in Q4FY25. This increase in revenue suggests robust sales performance for the quarter. The upward trend in revenue is a critical indicator of the company's effective market strategies and increased demand for its products.

Profitability

In terms of profitability, Varun Beverages Ltd recorded a substantial profit before tax (PBT) of ₹1,167.14 crore in Q4FY26, compared to ₹361.47 crore in Q3FY26, marking a quarter-over-quarter increase of 222.9%. Year-over-year, PBT increased by 19.3% from ₹978.38 crore in Q4FY25. The company's profit after tax (PAT) for Q4FY26 was ₹878.72 crore, a considerable improvement from ₹260.01 crore in Q3FY26, reflecting a 238.0% QoQ growth. Compared to Q4FY25, where PAT was ₹731.36 crore, there was a 20.1% increase. This growth in profitability is mirrored in the earnings per share (EPS), which rose to ₹2.58 in Q4FY26 from ₹0.74 in Q3FY26, a 248.6% QoQ increase, and a 20.0% YoY increase from ₹2.15 in Q4FY25.

Operating Metrics

The total expenses for Varun Beverages Ltd in Q4FY26 were ₹5,450.57 crore, showing a 38.3% increase from ₹3,942.06 crore in Q3FY26. Compared to the same quarter in the previous year, Q4FY25, total expenses rose by 15.2% from ₹4,729.69 crore. The tax expense for Q4FY26 was ₹284.48 crore, reflecting a 187.7% increase from ₹98.88 crore in Q3FY26 and a 15.4% increase from ₹246.45 crore in Q4FY25. These metrics indicate the company's cost structure and taxation impact over the quarters. The substantial increase in earnings per share alongside profit growth highlights the company's operational efficiency and effective cost management during the quarter.