Varun Beverages Q1 CY26: Revenue Up 18.1% to ₹65,741.9 Mn

Varun Beverages Ltd (VBL) reported a strong Q1 CY2026 performance with revenue from operations increasing by 18.1% YoY to ₹65,741.9 million. Consolidated sales volume grew by 16.3% to 363.4 million cases. EBITDA increased by 21.0% to ₹15,289.3 million, with margins improving by 55 bps to 23.3%. PAT increased by 20.1% to ₹8,787.1 million. The company's India business saw EBITDA margin improvements of 112 bps due to operational efficiencies. VBL acquired Twizza in South Africa, expanding its manufacturing footprint. An interim dividend of ₹0.50 per share was approved.