Varun Beverages Limited's Board of Directors approved the audited financial results for the quarter and financial year ended December 31, 2025, at their meeting held on February 3, 2026. The meeting, which commenced at 11:00 AM and concluded at 11:55 AM, also saw the Board recommend a final dividend and approve strategic investments in renewable energy.

Board Meeting Outcomes

The Board approved several key resolutions including the audited financial results with unmodified opinion from joint statutory auditors M/s. O P Bagla & Co. LLP and M/s. J C Bhalla & Co. The Board recommended a final dividend of ₹0.50 per equity share of nominal value ₹2.00 each, subject to shareholder approval. Additionally, the 31st Annual General Meeting was scheduled for April 1, 2026, to be conducted through video conferencing.

Financial Performance Overview

The company delivered strong consolidated financial performance for FY25, with revenue from operations reaching ₹222,255.84 million compared to ₹204,813.28 million in FY24. Net profit after tax for the full year stood at ₹30,620.42 million, up from ₹26,342.85 million in the previous financial year.

Quarterly Results

For the quarter ended December 31, 2025, consolidated revenue from operations was ₹43,347.95 million compared to ₹38,176.15 million in Q4 FY24. The quarterly net profit after tax reached ₹2,600.04 million versus ₹1,956.44 million in the corresponding quarter of the previous year.

Strategic Solar Energy Investment

The Board approved investment of up to 30% equity share capital in FP&L HR2 Energy Private Limited, a special purpose vehicle incorporated on August 1, 2025, for solar power generation in Haryana. This investment, capped at ₹1.58 crore, aims to provide solar power for captive consumption at facilities in Nuh, Panipat, and other locations in Haryana under the group captive model envisaged under the Electricity Act, 2003.

Leadership Continuity

The Board approved the continuation of Mr. Abhiram Seth (DIN: 00176144) as Non-Executive Independent Director, subject to shareholder approval at the upcoming AGM, upon his attaining age of 75 years on December 8, 2026. Mr. Seth, who holds a graduate degree in Economics from Delhi University and Masters in Management Studies from Jamnalal Bajaj Institute, has been serving as Independent Director since May 2, 2023, for a five-year term until May 1, 2028.

Varun Beverages Limited has made available the audio recording of its investors and analysts conference call held on February 3, 2026, in compliance with regulatory requirements. The conference call was conducted following the declaration of the company's audited financial results for the quarter and financial year ended December 31, 2025.

Regulatory Compliance and Disclosure

The company has fulfilled its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by providing stakeholders access to the conference call recording. The disclosure was communicated to both major stock exchanges where the company's shares are listed.

Access and Availability

The audio recording is accessible through multiple channels to ensure broad stakeholder reach. The company has provided a direct link to the recording and has also uploaded it to its corporate website for easy access by investors, analysts, and other interested parties.

Access Information:

• Direct audio link: Available on company's official communication
• Corporate website: www.varunbeverages.com
• Upload date: February 3, 2026

Corporate Communication

The disclosure was signed by Ravi Batra, Chief Risk Officer & Group Company Secretary, demonstrating the company's commitment to transparent corporate governance and timely regulatory compliance. The digital signature was applied on February 3, 2026, at 16:17:12 +05'30', ensuring proper documentation and authenticity of the communication.

This initiative reflects Varun Beverages' dedication to maintaining transparent communication with its stakeholders and providing comprehensive access to important financial discussions and management commentary on quarterly performance.