Varun Beverages consolidated net profit rises 76.55% in the December 2023 quarter

Sales rise 20.48% to Rs 2667.69 crore

Net profit of Varun Beverages rose 76.55% to Rs 131.97 crore in the quarter ended December 2023 as against Rs 74.75 crore during the previous quarter ended December 2022. Sales rose 20.48% to Rs 2667.69 crore in the quarter ended December 2023 as against Rs 2214.24 crore during the previous quarter ended December 2022.

For the full year,net profit rose 37.30% to Rs 2055.92 crore in the year ended December 2023 as against Rs 1497.43 crore during the previous year ended December 2022. Sales rose 21.78% to Rs 16042.58 crore in the year ended December 2023 as against Rs 13173.14 crore during the previous year ended December 2022.

ParticularsQuarter EndedYear EndedDec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var.Sales2667.692214.24 20 16042.5813173.14 22 OPM %15.6813.89 -22.5021.17 - PBDT353.95269.26 31 3420.272640.83 30 PBT187.9889.60 110 2739.362023.64 35 NP131.9774.75 77 2055.921497.43 37

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