Varun Beverages Limited has delivered a strong performance in the quarter ending September 30, 2024 (Q3 CY24), with revenue from operations increasing 25% year-on-year (YoY) to ₹4,932 crore, compared to ₹3,938 crore in the same period last year.
The company’s net profit also posted a significant increase, growing 22.3% YoY to ₹629 crore, up from ₹514 crore in Q3 CY23. This rise in profit is attributed to higher demand across key markets and improved operational efficiencies.
For the nine months ending September 30, 2024, Varun Beverages reported total revenue of ₹16,664 crore, compared to ₹13,590 crore during the same period last year. The company’s net profit for the nine-month period stood at ₹1,958 crore, showcasing strong financial growth and performance.
