Varun Beverages reports standalone net loss of Rs 51.88 crore in the December 2020 quarter

Sales rise 0.24% to Rs 837.64 crore

Net Loss of Varun Beverages reported to Rs 51.88 crore in the quarter ended December 2020 as against net loss of Rs 54.24 crore during the previous quarter ended December 2019. Sales rose 0.24% to Rs 837.64 crore in the quarter ended December 2020 as against Rs 835.61 crore during the previous quarter ended December 2019.

For the full year,net profit declined 49.52% to Rs 226.43 crore in the year ended December 2020 as against Rs 448.55 crore during the previous year ended December 2019. Sales declined 13.16% to Rs 4876.45 crore in the year ended December 2020 as against Rs 5615.66 crore during the previous year ended December 2019.

ParticularsQuarter EndedYear EndedDec. 2020Dec. 2019% Var.Dec. 2020Dec. 2019% Var.Sales837.64835.61 0 4876.455615.66 -13 OPM %7.494.65 -17.6221.44 - PBDT36.9030.52 21 682.031021.50 -33 PBT-66.12-78.80 16 269.21634.30 -58 NP-51.88-54.24 4 226.43448.55 -50

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