Varun Beverages reported a 22.4% increase in consolidated net profit for the September 2024 quarter, reaching Rs 628.82 crore, compared to Rs 514.06 crore in the same period last year. This marks the company’s third-quarter results for the 2024 calendar year.
Operational revenues grew 25.2% at Rs 4,932.1 crore from Rs 3,937.8 crore in the year-ago period, while EBITDA rose 30.5% to Rs 1,151 crore.
The company has recently approved the raising of Rs 7,500 crore through an Institutional Share Sale approval from the shareholder.
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Source: Moneycontrol
News Desk
