Varun Beverages’ Q2CY25 Profit Up 5% Despite Revenue Dip
The company’s board has approved the appointment of Pankaj Madan as the Chief Financial Officer (CFO), effective 30 July 2025
The company’s board has approved the appointment of Pankaj Madan as the Chief Financial Officer (CFO), effective 30 July 2025
Despite the dip in net revenue, the company says that the outlook for the full year remains unchanged
Gross margins expand by 60 basis points (bps) to 55.9 per cent, aided by lower consumer discounting
The brand introduces two exquisite variants, Indian Natural Vodka and Indian Saffron Vodka, it said in an exchange filing
The company says that Shailesh Jejurikar, currently the Chief Operating Officer (COO), will succeed Jon Moeller
The brand reports a 35 per cent year-on-year sales growth, an average daily footfall of 80 to 100 customers per outlet
Centre notes that FSSAI has conducted five meetings with ecommerce food business operators in the last two years
With around 27 per cent of consumers encountering dark patterns in offline environments, the report suggests that deceptive design is not exclusive to digital platforms
The report says that the next wave of ecommerce growth is expected to be fuelled by two factors: increasing penetration in newer segments and deeper penetration into tier-two and tier-three cities
Reports state that Lenskart will file its Draft Red Herring Prospectus (DRHP) with the market regulator Securities and Exchange Board of India (Sebi) in the coming days