StockWatch
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Varun Beverages Ltd Q3 FY25 Results

VBLQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue20.5K305.8%
Total Income20.6K296.5%
Expenditure17.2K303.6%
PBT3.4K264.4%
Net Profit2.6K252.7%
OPM9.35%9.32pp
NPM12.79%2.01pp
EPS7.953513.6%
View full financials

Varun Beverages Reports 38.3% YoY Revenue Growth in Q4 2024, 24.7% YoY in CY2024

10 Feb 2025 · 10 Feb 2025, 05:36 pm

Summary

Varun Beverages Limited, a key player in the beverage industry, announced its financial results for the fourth quarter and year ended December 31, 2024. The company's revenue from operations grew by 38.3% YoY to Rs. 36,887.9 million in Q4 2024 and 24.7% YoY to Rs. 200,076.5 million in CY2024. The growth was driven by organic volume growth, improved product mix, and expansion into new territories.

Key Highlights

  1. 1

    Revenue from operations grew 38.3% YoY to Rs. 36,887.9 million in Q4 2024

  2. 2

    EBITDA increased by 38.7% to Rs. 5,799.7 million in Q4 2024

  3. 3

    PAT increased by 36.1% to Rs. 1,956.4 million in Q4 2024

  4. 4

    Revenue from operations grew 24.7% YoY to Rs. 200,076.5 million in CY2024

  5. 5

    PAT increased by 25.3% to Rs. 26,342.8 million in CY2024

  6. 6

    Acquisition of South Africa and neighboring territories

  7. 7

    Acquisition of Tanzania and Ghana territories

  8. 8

    Exclusive Snacks Franchising Appointment with PepsiCo for Morocco, Zimbabwe and Zambia

Management Comments

M

Mr. Ravi Jaipuria

Chairman, Varun Beverages Limited

We are pleased to conclude CY2024 on a strong note through adding geographical presence into new territories of South Africa along with distribution rights in Namibia, Botswana, Mozambique and Madagascar. We also started greenfield operations into a new country of Democratic Republic of Congo (DRC). The growth has been driven by organic volume growth and improved product mix. India volumes grew 11.4%, reflecting the strength of our distribution network and operational execution. Consolidated volumes increased by 23.2%, largely led by new territories resulting in consolidated revenues increase by 24.7%, EBITDA growth of 30.5%, and PAT growth of 25.3% for the year.

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