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
Gross margins expand by 60 basis points (bps) to 55.9 per cent, aided by lower consumer discounting
The revenue from operations dipped to Rs 2,432.32 crore in the recently concluded quarter from Rs 2,496.86 crore in Q1FY25
The company has reported a 13 per cent increase in revenue from operations, which rose to Rs 885 crore in the recently concluded quarter
Manish Tiwary will assume his office as Chairman and Managing Director of the company, effective 1 August 2025
The net profit has grown 1.3 per cent to Rs 58.52 crore in the recently concluded quarter
India business recorded double-digit growth, enabled by strong growth in both core categories of tea and salt
The revenue from operations has risen to Rs 851.52 crore in the recently concluded quarter from Rs 757.93 crore in Q1FY25
Led by good performance in markets including India, the company’s international convenient foods business delivered 4 per cent organic revenue growth in the second quarter
In a regulatory filing, the company also informed that its Chairman, BS Nagesh, will retire from the post after 34 years of service