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Varun Beverages Ltd Q3 FY26 Results

VBLQ3 FY26 Results
Filing
MetricValue ( Cr)Q2 FY26Q3 FY25
Revenue4.3K14.1%78.8%
Total Income4.4K14.7%78.5%
Expenditure4.1K4.3%76.3%
PBT361.4761.6%89.5%
Net Profit260.0065.1%90.1%
OPM14.75%7.98pp5.40pp
NPM5.86%8.48pp6.93pp
EPS0.7466.2%90.7%
View full financials

Varun Beverages Reports 14.0% Revenue Growth in Q4 2025, 8.4% for CY2025

03 Feb 2026 · 3 Feb, 12:22 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, 2025. The company reported a 14.0% YoY growth in revenue from operations for Q4 2025 and an 8.4% YoY growth in revenue from operations for CY2025. EBITDA and PAT also saw significant growth for both Q4 2025 and CY2025.

Key Highlights

  1. 1

    Revenue from operations grew 14.0% YoY to Rs. 42,044.2 million in Q4 2025

  2. 2

    Consolidated sales volume grew by 10.2% to 237.1 million cases from 215.1 million cases in Q4 CY2024

  3. 3

    EBITDA increased by 10.2% to Rs. 6,392.6 million in Q4 2025 from Rs. 5,799.7 million in Q4 2024

  4. 4

    PAT higher by 32.9% to Rs. 2,600.0 million in Q4 2025 from Rs. 1,956.4 million in Q4 2024

  5. 5

    Revenue from operations (net of excise / GST) increased by 8.4% YoY to Rs. 216,853.8 million in CY2025

  6. 6

    Consolidated sales volume grew by 7.9% to 1,213.1 million cases in CY2025

  7. 7

    EBITDA increased by 7.2% in CY2025 to Rs. 50,493.7 million from Rs. 47,110.7 million in CY2024

  8. 8

    PAT increased by 16.2% to Rs. 30,620.4 million in CY2025 from Rs. 26,342.8 million in CY2024

Management Comments

M

Mr. Ravi Jaipuria

Chairman, Varun Beverages Limited

CY2025 was marked by steady execution, despite weather-related disruptions in India during the peak summer season. For the full year, consolidated volumes grew by 7.9%, driving revenue growth of 8.4% and EBITDA growth of 7.2%, while PAT increased by 16.2% to Rs. 30,620.4 million, reflecting the resilience of our business model and the strength of our on-ground execution.

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