Varun Beverages Limited announced its financial results for the quarter ended December 31, 2024, reporting a strong 39.8% year-on-year (YoY) growth in revenue from operations, which reached ₹3,817.6 crore, compared to ₹2,730.9 crore during the same quarter last year.
The company’s consolidated net profit saw an impressive 40.2% YoY rise to ₹185.1 crore, up from ₹131.9 crore in the corresponding quarter of the previous year. This increase in profitability was driven by robust revenue growth and optimized operational efficiency.
Varun Beverages’ total income during Q3 FY25 increased by 42% to ₹3,862.2 crore, compared to ₹2,740.1 crore in the year-ago period. However, expenses also surged 41.2% to ₹3,607.4 crore due to increased material costs and higher employee expenses.
Key Metrics:
- Cost of materials consumed: ₹1,705.4 crore, up from ₹1,208.6 crore YoY.
- Employee benefit expenses: ₹479 crore, compared to ₹371 crore in the same quarter last year.
- EBITDA margin: The company maintained healthy profitability despite rising input costs.
Varun Beverages remains well-positioned to achieve its FY25 financial targets, supported by its aggressive market expansion strategy and efficient cost control measures.
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