Varun Beverages Reports 20% Profit Growth In Q4 FY26, Declares ₹0.50 Dividend

Varun Beverages on Monday reported a 20.1% year-on-year (YoY) rise in consolidated net profit for the March quarter to ₹878.713 crore, compared with ₹731.358 crore in the same period last year. The earnings came alongside steady volume growth and margin expansion.

Revenue from operations increased 18.3% to ₹6,721.537 crore during the quarter, up from ₹5,680.026 crore a year ago. Following the announcement, shares of the company rose on the National Stock Exchange (NSE). At market closure on 27 April 2026, Varun Beverages shares were trading at ₹519.50 apiece, up by 5.92%.

Other Q4 FY26 Highlights

Some of the other highlights of the Q4 FY26 were:

• Rise in earnings before interest, tax, depreciation and amortisation (EBITDA) by 21% to ₹1528.927 crore from ₹1,263.964 crore during the same period last year.

• Consolidated sales volume grew by 16.3% to 363.4 million cases in Q4 FY26. India’s volume growth stood at 14.4%, while it was 21.4% in international territories.

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Management Commentary And Dividend Announcement

The company said demand trends in India remained strong during the quarter. It attributed this to its wide distribution reach, improved execution, and ongoing investments in manufacturing and cooling infrastructure.

Varun Beverages also rolled out targeted steps to drive volumes, including pack upsizing, selective price-point launches and new products in energy and juice segments. It said that it continues to see long-term opportunities across its markets, citing favourable demographics, rising incomes, and increasing urbanisation as key drivers.

The company’s board declared an interim dividend of ₹0.50 per equity share for FY26. The payout is on a total equity share capital of 338,20,94,394 shares with a face value of ₹2 each. The record date fixed is 1 May 2026.

Sources:

Varun Beverages Financials

The Economic Times