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Latest news about Varun Beverages

Varun Beverages Sees Rs. 72.45 Crore Block Trade on NSE, Advances in Refrigeration Business 2 days ago

Varun Beverages experienced a significant block trade on NSE, with 1,503,176 shares traded at Rs. 482.00 per share, totaling Rs. 72.45 crore. The company also incorporated a joint venture, White Peak Refrigeration Private Limited, to manufacture visi-coolers and refrigeration equipment, potentially enhancing its supply chain capabilities.

Varun Beverages Diversifies: Forms JV for Refrigeration Equipment, Invests in Solar Power 2 days ago

Varun Beverages Establishes Joint Venture for Visi-Cooler Manufacturing 3 days ago

Varun Beverages to Acquire Up to 26% Stake in Jager Renewables Two for Solar Power Supply 4 days ago

Varun Beverages Begins Cheetos Production in Morocco, Reports Resilient Quarterly Performance Despite Volume Decline Aug 09, 2025

More news about Varun Beverages

06Aug 25

Varun Beverages Issues $22 Million Corporate Guarantee for Zimbabwe Subsidiary

Varun Beverages Limited has provided a corporate guarantee of USD 22 million for its subsidiary, Varun Beverages (Zimbabwe) (Private) Limited. The guarantee, valid until June 30, 2028, is issued to ICICI Bank Limited, UAE, to secure a credit facility for the Zimbabwe subsidiary. The company states this arm's length transaction has no immediate impact on the listed entity and involves no interest from promoters or group companies.

04Aug 25

Varun Beverages Boosts Stake in South African Subsidiary Through Debt-to-Equity Conversion

Varun Beverages Limited (VBL) has increased its stake in its South African subsidiary, The Beverage Company Proprietary Limited (Bevco), from 97.42% to 97.92%. This was achieved through a debt-to-equity conversion of ZAR 455,737,350 (approximately INR 2,199.68 million) into 1,005,000 ordinary shares of Bevco at ZAR 453.47 per share. The move aims to strengthen Bevco's balance sheet, reduce debt, and support future growth in the South African market. Bevco, which holds PepsiCo franchise rights in South Africa, Lesotho, and Eswatini, reported a consolidated turnover of ZAR 4,090.00 million for the year ended June 30, 2024. VBL's international markets, particularly South Africa, have shown strong performance with a 16.1% volume growth in the recent quarter.

04Aug 25

Varun Beverages Boosts Stake in South African Subsidiary to 97.92%

Varun Beverages is increasing its stake in The Beverage Company Proprietary Limited (Bevco) from 97.42% to 97.92%. This will be achieved by converting a ZAR 455.7 million loan into 1,005,000 ordinary shares. Bevco, a PepsiCo licensee in South Africa, Lesotho, and Eswatini, reported a turnover of ZAR 4,090 million for FY 2023-24. Varun Beverages is also expanding operations in South Africa, including setting up a can line in Durban and planning capacity enhancement in Boksburg.

04Aug 25

Varun Beverages Demonstrates Resilience Amid Challenging Weather in Q2 2025

Varun Beverages Ltd (VBL), a major PepsiCo franchisee, showed resilience in Q2 2025 despite challenging weather conditions. While consolidated sales volume declined 3% to 389.70 million cases due to unseasonal rainfall in India, the company improved its EBITDA margin by 82 basis points to 28.5%. Revenue decreased 2.5% year-on-year to Rs. 70,173.00 million, but profit after tax grew 5% to Rs. 13,254.90 million. International markets, particularly South Africa, showed robust growth. VBL commissioned four new Greenfield plants in India and expanded into the snacks category in Morocco. The company declared a second interim dividend of Rs. 0.50 per share.

30Jul 25

Varun Beverages Reports 81% Sequential Profit Jump Despite Revenue Dip

Varun Beverages Ltd (VBL), a PepsiCo bottling partner, announced Q2 results with an 81.2% sequential increase in profit after tax to Rs 1,325.49 crore, despite a 2.3% decline in revenue to Rs 7,333.67 crore. EBITDA margin expanded by 82 basis points to 28.5%. Consolidated sales volumes fell 3% due to adverse weather conditions. The company maintained a net debt-free position and approved an interim dividend of Rs 0.50 per share. VBL's Morocco unit began commercial production of 'Cheetos', marking entry into the snack category.

29Jul 25

Varun Beverages Reports Resilient Q2 Performance Amid Challenging Weather Conditions

Varun Beverages Limited (VBL), a major PepsiCo franchisee, released Q2 results showing resilience amid adverse weather. Revenue decreased by 2.5% to ₹70,173.70 million, while net profit increased by 5.0% to ₹13,254.90 million. Consolidated sales volume declined by 3.0% to 389.70 million cases, with India volumes down 7.1% due to unseasonal rainfall. International volumes grew by 15.1%. The company maintained a balanced product mix with 75% CSD, 7% NCB, and 18% packaged drinking water. VBL commissioned new production facilities in India and expanded operations in South Africa and Morocco. Strategic moves included acquiring a stake in a Sri Lankan visi-cooler manufacturer and increasing stake in its Zambian subsidiary.

29Jul 25

Varun Beverages Reports Resilient Q2 Performance Amid Unseasonal Rains, Expands International Operations

Varun Beverages Ltd (VBL) announced Q2 results with consolidated revenue down 2.5% to ₹70,173.70 million. EBITDA marginally increased by 0.4% to ₹19,987.70 million, while net profit grew 5.0% to ₹13,254.90 million. Sales volume declined 3.0% due to unseasonal rainfall in India, offset partially by 15.1% growth in international markets. The company expanded operations in Morocco and South Africa, commissioned new production facilities in India, and acquired a stake in a Sri Lankan visi-cooler company. VBL announced a second interim dividend of ₹0.50 per equity share.

29Jul 25

Varun Beverages Reports Q2 Volume Decline, Forms Joint Venture for Visi-Cooler Manufacturing

Varun Beverages Limited (VBL) reported a 7.1% drop in India volumes during Q2 due to unseasonal rainfall. Despite this, the company's financial performance remained resilient with a marginal 0.4% increase in EBITDA and a 5.0% growth in net profit. International volumes grew by 15.1%, with strong performance in South Africa. VBL announced a joint venture with Everest International Holdings Limited to manufacture visi-coolers in India. The company also expanded into the snacks category in Morocco and enhanced production capacity in South Africa. A second interim dividend of Rs. 0.50 per share was approved.

29Jul 25

Varun Beverages Reports Mixed Q2 2025 Results with Revenue Decline Offset by Margin Expansion

Varun Beverages Limited (VBL) reported a 2.5% revenue decline to Rs. 70,173.70 million in Q2 2025, with a 3.0% drop in sales volume. However, EBITDA increased by 0.4% to Rs. 19,987.70 million, and PAT grew by 5.0% to Rs. 13,254.90 million. The company's H1 2025 performance showed stronger growth across all metrics. VBL announced an interim dividend of Rs. 0.50 per share and reported expansion initiatives including new production facilities in India, snack production in Morocco, and a stake acquisition in a Sri Lankan company.

27Jul 25

Varun Beverages to Announce Q2 Results, Consider Interim Dividend on July 28

PepsiCo's largest franchise bottler outside the US, Varun Beverages, is set to release its Q2 financial results on July 28. The board will also consider declaring a second interim dividend for FY2025. An earnings call is scheduled for July 29 at 2:30 p.m. IST. The company's previous quarter saw revenue growth of 29% and net profit increase of 30.5%. However, the stock has faced challenges with a 26.79% year-to-date decline, closing at Rs 476.50 on Friday.

16Jul 25

Varun Beverages Sees Significant Block Trade on NSE

A significant block trade of 1,242,884 shares of Varun Beverages Ltd. occurred on the National Stock Exchange (NSE) at Rs. 478.85 per share, totaling Rs. 59.52 crores. This large transaction has drawn attention from market observers due to its potential impact on the company's stock and possible implications for institutional holdings or shareholder strategies. Varun Beverages, a key PepsiCo franchisee outside the US, is a major player in the beverage industry, responsible for bottling, distributing, and marketing various drinks across multiple territories.

05Jun 25

Varun Beverages Sees Significant Block Trade: 2.92 Million Shares Change Hands

A significant block trade of approximately 2.92 million shares of Varun Beverages Ltd. occurred on the National Stock Exchange (NSE). The shares were traded at Rs. 468.20 per share, totaling Rs. 136.93 crore. This large transaction has drawn market attention, potentially indicating shifts in ownership or investor interest. The identities of the buyers and sellers remain undisclosed.

29May 25

Varun Beverages Expands Footprint with New Production Facility in Meghalaya

Varun Beverages Limited has begun commercial production at its new state-of-the-art facility in Mendipathar, Meghalaya. The plant is equipped to manufacture carbonated soft drinks and juice-based beverages, enhancing the company's production capabilities and market presence in northeastern India. This strategic expansion is expected to increase production capacity, facilitate market growth, create local job opportunities, and enable product diversification.

19May 25

Varun Beverages to Acquire 50% Stake in Sri Lankan Company Everest Industrial

Varun Beverages Ltd has approved the acquisition of a 50% stake in Everest Industrial Lanka (Private) Ltd, a Sri Lankan company. This strategic move aims to expand Varun Beverages' presence in the South Asian market. While specific details of the deal remain undisclosed, the acquisition could potentially enhance the company's market presence in Sri Lanka, diversify its product portfolio, and create operational synergies.

15May 25

Varun Beverages: Block Deals and Strong Q1 Results Stir Market Interest

Varun Beverages experienced mixed trading following block deals of 21 lakh shares worth Rs 111.00 crore and the announcement of Q1 results. The company reported a 35% increase in net profit to Rs 537.27 crore, 29.2% revenue growth, and 30.1% sales volume growth year-over-year. Despite initial gains, the stock closed 0.41% lower at Rs 508.00.

06May 25

Varun Beverages: Last Call for Interim Dividend as Q1 Profits Surge 35%

Varun Beverages Ltd reported impressive Q1 2025 results with a 35% year-on-year increase in net profit to Rs 731.40 crore. Revenue rose by 29.34% to Rs 5,595.00 crore. The company announced an interim dividend of Rs 0.50 per share, with May 6 as the last date to buy shares for dividend eligibility. Other financial highlights include a 29.54% increase in EBITDA to Rs 1,291.50 crore and a 27.80% rise in operating profit to Rs 1,263.40 crore.

02May 25

Varun Beverages Reports Strong Q1 Growth, Launches New Production Facility

Varun Beverages Ltd (VBL) reported robust Q1 performance with 18.15% revenue and volume growth, and 28% EBITDA increase year-over-year. India drove growth with double-digit volume expansion and margin improvements. The company commenced commercial production at a new facility in Buxar, Bihar on May 1, 2023, producing carbonated soft drinks, juice-based drinks, and packaged water. Despite strong results, some brokerages slightly lowered target prices while maintaining a positive outlook.

02May 25

Varun Beverages Launches New Production Facility in Bihar, Expanding Beverage Portfolio

Varun Beverages Limited (VBL) has commenced commercial production at its new state-of-the-art facility in Buxar, Bihar on May 1, 2025. The facility will produce carbonated soft drinks, juice-based drinks, and packaged drinking water. This strategic expansion aims to enhance VBL's production capacity, improve distribution efficiency, and cater to regional preferences in eastern India. The move is expected to boost the company's market presence and operational efficiency.

01May 25

Varun Beverages Expands Operations: New Production Facility in Bihar Goes Live

Varun Beverages Limited has started commercial production at its new facility in Buxar, Bihar. The plant will produce carbonated soft drinks, juice-based drinks, and packaged drinking water. This strategic expansion aims to strengthen the company's presence in eastern India and cater to the growing beverage market in the region. The company has officially informed stock exchanges about this development in compliance with SEBI regulations.

30Apr 25

Varun Beverages Reports Robust Q1 2025 Growth with 30.1% Volume Surge

Varun Beverages Limited (VBL) announced impressive Q1 2025 results, with consolidated sales volume up 30.1% year-on-year to 312.4 million cases. Revenue from operations increased by 28.9% to ₹55,669.40 million, while net profit after tax grew by 33.5% to ₹7,313.60 million. The company expanded production with new facilities in India, increased its stake in South African operations, and initiated distribution of PepsiCo snacks in Zimbabwe and Zambia. VBL also approved an interim dividend of ₹0.50 per equity share.

30Apr 25

Varun Beverages Reports Strong Q1 2023 Results with 35.2% Profit Surge

Varun Beverages, a major PepsiCo bottling partner, has announced strong Q1 2023 financial results. The company's revenue increased by 29% to ₹4,016.70 crore, while net profit rose by 35.2% to ₹726.40 crore compared to Q1 2022. This performance demonstrates Varun Beverages' robust market position and operational efficiency in the competitive beverage sector.

29Apr 25

Varun Beverages Poised for Robust Q1 2025 Performance Amid Tepid FMCG Sector

Varun Beverages Ltd, PepsiCo's second-largest global bottling partner, is expected to deliver robust financial results in Q1 2025. Analysts predict significant year-on-year growth with revenue projected at ₹5,476 crore (25% increase), EBITDA at ₹1,235 crore (25% increase), and net profit at ₹741 crore (38% increase). Growth drivers include increased domestic demand, international acquisitions, and early summer demand. The board will also consider dividend issuance, potentially benefiting shareholders.

29Apr 25

Varun Beverages Sets Date for Q1 CY25 Results, Dividend Decision on the Horizon

Varun Beverages Ltd. has scheduled a board meeting for April 30, 2025, to approve Q1 CY25 financial results and consider dividend declaration. An earnings call is set for the same day at 14:30 IST. The company has implemented a trading window closure from April 1, 2025, until 48 hours post-results announcement to ensure fair trading practices.

23Apr 25

Varun Beverages Kicks Off Production at New Prayagraj Facility; Board Meeting Scheduled for Q4 Results and Interim Dividend

Varun Beverages Limited has started commercial production at its new facility in Prayagraj, Uttar Pradesh. The plant will produce carbonated soft drinks, juice-based drinks, and packaged drinking water. This expansion strengthens the company's manufacturing capabilities and market presence in North India. The company's board is set to meet on April 30, 2025, to discuss Q4 2025 results and potential interim dividend declaration.

22Apr 25

Varun Beverages Launches New Production Facility in Prayagraj, Uttar Pradesh

Varun Beverages Limited (VBL) has commenced commercial production at a new state-of-the-art facility in Prayagraj, Uttar Pradesh. The facility will manufacture carbonated soft drinks, juice-based drinks, and packaged drinking water. This strategic expansion in India's most populous state aims to enhance VBL's distribution efficiency in northern and eastern India. The company has informed the National Stock Exchange of India and BSE Limited about this development in compliance with SEBI regulations.

03Apr 25

Varun Beverages Witnesses Significant Block Trade on NSE

A significant block trade of Varun Beverages Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 1,218,239 shares at Rs. 544.00 per share, totaling Rs. 66.27 crores. This large-scale trade, while the parties remain undisclosed, suggests potential strategic moves by institutional investors or high net-worth individuals. Varun Beverages, a major PepsiCo franchisee, continues to attract substantial investor interest.

01Apr 25

Varun Beverages' Expansion Plans in Africa Face Delays

Varun Beverages' acquisition of bottling operations in Ghana and Tanzania has been delayed. The long stop date for agreements has passed, and certain conditions precedent remain unfulfilled. No extension has been signed as of March 31, 2025. The acquisitions, aimed at strengthening the company's presence in Africa, are pending regulatory approvals, including from PepsiCo Inc. The company remains committed to keeping shareholders informed of any progress.

31Mar 25

Varun Beverages' African Expansion Plans Face Delays

Varun Beverages Ltd (VBL), a major PepsiCo franchisee, is experiencing delays in its planned acquisitions of SBC Beverages Ghana and SBC Tanzania. The long stop date for the agreements has been reached, but certain conditions precedent remain unfulfilled. No extension has been signed as of March 31, 2025. The acquisitions are pending regulatory approvals, including from PepsiCo Inc. VBL remains committed to keeping shareholders informed of any developments.

25Mar 25

Varun Beverages Acquires Stake, Sets Dividend Record Date, and Expands Production

Varun Beverages Ltd has acquired a 14% stake in Aspirative Creative Ventures for 22.40 million rupees. The company declared a final dividend of Rs. 0.50 per share for FY2024, with April 4, 2025, as the record date. Additionally, VBL commenced commercial production at its new facility in Kangra, Himachal Pradesh, producing carbonated soft drinks and packaged drinking water.

24Mar 25

Varun Beverages Launches New Production Facility in Himachal Pradesh

Varun Beverages Limited (VBL) has commenced commercial production at its new facility in Kangra, Himachal Pradesh. The plant is now manufacturing carbonated soft drinks and packaged drinking water. This expansion is part of VBL's strategy to enhance production capacity, diversify geographically, and strengthen its position in northern India. The company officially announced the start of operations in a filing to stock exchanges, in compliance with SEBI regulations.

10Mar 25

Varun Beverages Witnesses Significant Block Trade Worth ₹72.31 Crore on NSE

A significant block trade of 1,479,681 shares of Varun Beverages Ltd. occurred on the National Stock Exchange (NSE) at ₹488.70 per share, totaling ₹72.31 crore. This large transaction, potentially indicating institutional activity or ownership changes, has drawn market attention. Varun Beverages, a major PepsiCo franchisee, operates in India and international markets, producing carbonated soft drinks, non-carbonated beverages, and packaged drinking water.

10Mar 25

Varun Beverages Sees ₹19.70 Crore Block Trade on NSE

A significant block trade of 401,752 shares of Varun Beverages Ltd. occurred on the National Stock Exchange at ₹490.35 per share, totaling ₹19.70 crores. This large transaction, potentially involving institutional investors or high net-worth individuals, has drawn market attention. Varun Beverages, a major PepsiCo franchisee, operates in India and other countries, producing carbonated soft drinks, non-carbonated beverages, and packaged drinking water.

06Mar 25

Varun Beverages Sees Significant Block Trade Worth ₹50.23 Crore on NSE

A block trade of 1,024,930 shares of Varun Beverages Ltd. was executed on the National Stock Exchange at ₹490.10 per share, totaling ₹50.23 crore. This significant transaction highlights continued interest in the company among large market participants. Varun Beverages is a major PepsiCo franchisee operating in South Asia and Africa.

06Mar 25

Varun Beverages Sees Significant Block Trade on NSE Worth Rs. 16.57 Crores

A significant block trade of approximately 336,060 shares of Varun Beverages Ltd. occurred on the National Stock Exchange (NSE) at a price of Rs. 493.00 per share, totaling Rs. 16.57 Crores. This transaction highlights continued interest in the stock among large investors. Varun Beverages, one of PepsiCo's largest franchisees outside the US, produces and distributes a variety of beverages across India and international markets.

06Mar 25

Varun Beverages Sees Significant Block Trade on NSE

A significant block trade of 421,736 shares of Varun Beverages Ltd. occurred on the National Stock Exchange (NSE). The transaction, valued at Rs. 20.34 crores, was executed at Rs. 482.40 per share. While the identities of the buyer and seller remain undisclosed, the trade's magnitude suggests potential institutional investor involvement or strategic moves within the company. Varun Beverages, one of PepsiCo's largest franchisees outside the US, is known for producing and distributing carbonated soft drinks, non-carbonated beverages, and packaged drinking water.

05Mar 25

Varun Beverages Sees Significant Block Trade on NSE

Varun Beverages Ltd. experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved approximately 325,363 shares at Rs. 476.65 per share, totaling Rs. 15.51 Crores. As one of PepsiCo's largest franchisees outside the US, Varun Beverages produces and distributes various carbonated and non-carbonated beverages. The block trade's impact on market sentiment and short-term price movements is yet to be determined.

05Mar 25

Varun Beverages Sees Major Block Trade: 3.54 Lakh Shares Change Hands

A significant block trade of 354,262 shares of Varun Beverages Ltd occurred on the National Stock Exchange at Rs. 474.35 per share, totaling Rs. 16.80 crores. This large-scale transaction may indicate moves by institutional investors or large shareholders, potentially impacting short-term stock price movements. Varun Beverages, a major PepsiCo franchisee, operates in the beverage industry across South Asia and Africa.

04Mar 25

Varun Beverages Soars: CLSA Upgrade Points to 70% Upside Potential

Global brokerage firm CLSA has upgraded Varun Beverages, PepsiCo's bottling partner in India, to 'high conviction outperform' with a target price of ₹770 per share, indicating a 70% upside potential. This upgrade follows Varun Beverages' strong Q4 performance, with consolidated net profit up 36% YoY to ₹195.64 crore, revenue at ₹3,817.61 crore, and EBITDA growing 38.7% to ₹579.97 crore. The company's growth is attributed to strong volume growth, improved margins, expanding market presence, and operational efficiency.

03Mar 25

Varun Beverages Sees Significant Block Trade on NSE

A significant block trade of Varun Beverages shares occurred on the National Stock Exchange (NSE). The transaction involved 371,215 shares at Rs. 461.05 per share, totaling Rs. 17.11 Crores. This large-scale trade has drawn attention from market observers, potentially indicating shifts in institutional investor sentiment or strategic changes in stock ownership. Varun Beverages, a major PepsiCo franchisee, is a key player in the Indian beverage industry.

03Mar 25

Varun Beverages Sees Significant Block Trade Worth ₹19.78 Crore on NSE

A significant block trade of 460,650 shares of Varun Beverages Ltd. occurred on the National Stock Exchange at ₹429.40 per share, totaling ₹19.78 crore. This large transaction, often indicative of moves by institutional investors or major shareholders, has drawn market attention. Varun Beverages, a major PepsiCo franchisee, produces and distributes various beverages in India and internationally.

28Feb 25

Varun Beverages Set for MSCI India Standard Index Weightage Boost, Expecting ₹839 Crore Inflow

Varun Beverages Ltd is expected to see an inflow of approximately ₹839 crore ($96 million) due to an increase in its weightage in the MSCI India Standard Index. The index rebalancing, scheduled for today at 3 PM, is likely to boost the company's visibility among global institutional investors and potentially impact its stock's liquidity and trading volumes in the short term.

27Feb 25

Varun Beverages Extends Acquisition Timeline for SBC Beverages Ghana

Varun Beverages Ltd has extended the completion date for its acquisition of SBC Beverages Ghana from February 28, 2025, to March 31, 2025. This one-month extension suggests additional time is needed for finalizing the acquisition process. The move aligns with Varun Beverages' strategy to expand in the African beverage market and is expected to strengthen its international presence.

25Feb 25

Varun Beverages Extends Acquisition Timeline for SBC Beverages Ghana

Varun Beverages Ltd has extended the completion date for its acquisition of SBC Beverages Ghana Limited to March 31, 2025, a month later than previously announced. The deal, valued at US$ 15.06 million (approximately INR 1,271 million), involves purchasing 100% share capital of SBC Beverages Ghana from Ghana Bottling Company Limited. The extension was disclosed in a regulatory filing, with the transaction still pending various approvals including regulatory and PepsiCo Inc.

24Feb 25

Varun Beverages Sees Major Block Trade Worth ₹49.20 Crore on NSE

A significant block trade of Varun Beverages shares occurred on the National Stock Exchange. 1,020,468 shares were exchanged at ₹482.15 per share, totaling ₹49.20 crore. The identities of the buyer and seller were not disclosed. This large transaction suggests a notable shift in ownership or investment strategy for the PepsiCo franchisee.

19Feb 25

Varun Beverages Sees Block Trade and Credit Rating Upgrade

Varun Beverages Ltd. experienced a significant block trade on the NSE, with 502,334 shares traded at Rs. 457.70 per share, totaling Rs. 22.99 crores. Additionally, CRISIL upgraded the company's long-term credit rating to 'CRISIL AAA/Stable' from 'CRISIL AA+/Stable', potentially leading to lower borrowing costs and increased investor confidence.