Varun Beverages reports consolidated net loss of Rs 19.73 crore in the December 2020 quarter

Sales rise 9.07% to Rs 1330.89 crore

Net Loss of Varun Beverages reported to Rs 19.73 crore in the quarter ended December 2020 as against net loss of Rs 59.31 crore during the previous quarter ended December 2019. Sales rose 9.07% to Rs 1330.89 crore in the quarter ended December 2020 as against Rs 1220.25 crore during the previous quarter ended December 2019.

For the full year,net profit declined 29.85% to Rs 329.00 crore in the year ended December 2020 as against Rs 468.98 crore during the previous year ended December 2019. Sales declined 9.53% to Rs 6450.14 crore in the year ended December 2020 as against Rs 7129.58 crore during the previous year ended December 2019.

ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales1330.891220.25 9 6450.147129.58 -10 OPM %12.949.48 -17.6020.30 - PBDT115.8172.68 59 891.211184.90 -25 PBT-18.87-64.16 71 362.51696.27 -48 NP-19.73-59.31 67 329.00468.98 -30

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