Varun Beverages' Q1 FY 2025-26 Quarter Results
- 30 Jul 2025
Result Summary
- Varun Beverages Ltd reported a 64.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.0%.
- Its expenses for the quarter were up by 48.5% QoQ and down 3.9% YoY.
- The net profit increased 141.9% QoQ and increased 5.0% YoY.
- The earnings per share (EPS) of Varun Beverages Ltd stood at 3.9 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 7094.53 | 4325.67 | 7240.89 | 64.0% | -2.0% |
Total Expenses | 5361.30 | 3609.76 | 5577.28 | 48.5% | -3.9% |
Profit Before Tax | 1733.23 | 715.91 | 1663.61 | 142.1% | 4.2% |
Tax | 406.56 | 167.77 | 401.24 | 142.3% | 1.3% |
Profit After Tax | 1325.48 | 547.98 | 1261.83 | 141.9% | 5.0% |
Earnings Per Share | 3.90 | 4.10 | 9.60 | -4.9% | -59.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Varun Beverages Ltd is one of the largest bottling companies in India. It operates primarily in the beverage industry, producing and distributing carbonated and non-carbonated drinks. The company is a key player in the bottling operations for PepsiCo's products, including Pepsi, Mountain Dew, Mirinda, and 7UP, among others. Varun Beverages has a significant presence in various regions, not only within India but also in international markets. Recent developments for the company could include expansions in distribution networks or new product launches, although specific recent developments based on the provided data are not available.
Revenue
In the first quarter of the fiscal year 2026, Varun Beverages Ltd reported a total income of ₹7094.53 crores, reflecting a substantial increase of 64.0% quarter-over-quarter compared to the previous quarter (Q4FY25), which was ₹4325.67 crores. However, this represents a slight year-over-year decline of 2.0% from the first quarter of fiscal year 2025, where the total income was ₹7240.89 crores. The data indicates significant quarter-over-quarter growth, which could be attributed to seasonal factors or strategic business decisions enhancing revenue in the first quarter of FY26.
Profitability
Varun Beverages Ltd's profitability metrics for Q1FY26 show a profit before tax of ₹1733.23 crores, marking a significant increase of 142.1% from the previous quarter (Q4FY25), which was ₹715.91 crores. Year-over-year, there is a 4.2% increase from Q1FY25's profit before tax of ₹1663.61 crores. The profit after tax for Q1FY26 stood at ₹1325.48 crores, also showing a 141.9% increase from Q4FY25's ₹547.98 crores and a 5.0% increase year-over-year from Q1FY25's ₹1261.83 crores. The tax expense in Q1FY26 was ₹406.56 crores, reflecting a 142.3% increase quarter-over-quarter and a 1.3% increase year-over-year.
Operating Metrics
The earnings per share (EPS) for Varun Beverages Ltd in Q1FY26 was ₹3.90, which decreased by 4.9% from the previous quarter's EPS of ₹4.10. Year-over-year, the EPS shows a substantial decrease of 59.4% from Q1FY25's EPS of ₹9.60. This indicates a significant reduction in earnings per share despite increases in profitability metrics such as profit after tax. Total expenses for the company in Q1FY26 were ₹5361.30 crores, which increased by 48.5% from ₹3609.76 crores in Q4FY25, but decreased by 3.9% from ₹5577.28 crores in Q1FY25. These operating metrics reflect the company's financial performance and cost management strategies over the reported periods.