Varun Beverages has expressed strong confidence in its growth opportunities across both Indian and international markets. The company's optimistic outlook is supported by multiple strategic advantages and favorable market conditions that position it for sustained expansion and continued profitability.

Strategic Growth Drivers

The company's confidence in long-term growth is backed by several key factors that create a solid foundation for expansion. These growth drivers span across market demographics, financial capacity, and operational excellence.

Market Expansion Strategy

Varun Beverages' dual-market approach encompasses both the domestic Indian market and international expansion initiatives. The company's strategy leverages positive demographics and increasing incomes in India while simultaneously pursuing growth opportunities in global markets.

Operational Excellence Framework

The company's confidence stems from its robust operational infrastructure, including sufficient manufacturing capacities and a comprehensive distribution network. This operational excellence, combined with a varied product range, enables the company to capitalize on diverse market opportunities and maintain competitive positioning across different regions.

Profitability Outlook

The combination of strategic advantages - from positive market demographics to operational capabilities - positions Varun Beverages for continued profitability. The company's solid distribution network and diverse product portfolio provide multiple revenue streams to support sustained financial performance across its operational territories.

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.