Varun Beverages shares jump 9% in 3 days. Why Jefferies, Motilal, and others are bullish after Q4 results?
Varun Beverages' shares jumped by 9% over three days following strong Q4 FY24 results, which saw revenue rise 16% year-on-year to ₹2,750 crore and PAT increase 21% to ₹153 crore. Several brokerages, including Jefferies and Motilal Oswal, have issued bullish reports and raised target prices, citing robust growth, strategic expansions, and improved operating efficiencies.
Apr 28 2026 12:04:00
Varun Beverages share price target raised by CLSA on Q1 beat, hopes of strong summer
CLSA raised its share price target for Varun Beverages, driven by expectations of strong Q1 performance and a positive outlook for the summer season.
Apr 28 2026 08:04:00
Varun Beverages Limited
Varun Beverages Limited released the audio recording of its Investors & Analysts Conference Call held on April 27, 2026. This call discussed the Q4 FY26 unaudited financial results, providing investors with insights.
Apr 27 2026 16:04:00
Varun Beverages Q1 Results: Consolidated sales volumes up 16%, margins expand
Varun Beverages reported strong Q1 CY2024 results, with consolidated net profit increasing 25% year-on-year to ₹548 crore and revenue from operations rising 11% to ₹4,398 crore. The company also saw a 24% increase in EBITDA to ₹989 crore and an expansion in EBITDA margin to 22.9%, driven by higher gross margins and increased realization. Sales volumes grew 7.2% to 240 million unit cases.
Apr 27 2026 12:04:00
Varun Beverages Q1 Results: Cons profit jumps 20% YoY to Rs 879 crore; revenue rises 18%
Varun Beverages reported a strong performance for the March quarter (Q1 CY26), with consolidated net profit increasing by 20% year-on-year to ₹879 crore and revenue rising by 18%. The company also declared an interim dividend for fiscal year 2026, setting the record date for May 1, 2026.
Apr 27 2026 12:04:00
Varun Beverages Limited
Varun Beverages board approved an interim dividend of ₹0.5 per equity share for FY26. The record date for the dividend is May 1, 2026, with payment to be completed by May 27, 2026.
Apr 27 2026 12:04:00
Varun Beverages Limited
Varun Beverages reported robust Q1 CY26 results, with revenue growing 18.1% to ₹65,741.9 million and net profit increasing 20.1% to ₹8,787.1 million. The company also approved an interim dividend of ₹0.50 per share and completed its 100% stake acquisition of Twizza in South Africa.
Apr 27 2026 12:04:00
Varun Beverages Ltd - 540180 - Corporate Action-Board approves Dividend
Varun Beverages declared an interim dividend of ₹0.50 per equity share for FY26. The record date is May 1, 2026, and payments will begin on May 5, 2026.
Apr 27 2026 12:04:00
Varun Beverages Limited
Varun Beverages board approved Q4 FY26 financial results. The company also declared an interim dividend of ₹0.50 per equity share for FY26, with the record date set for May 1, 2026, for entitlement.
Apr 27 2026 12:04:00
Varun Beverages Ltd - 540180 - Record Date - Interim Dividend For FY 2026
Varun Beverages has announced May 1, 2026, as the Record Date for its interim dividend. Shareholders eligible as of this date will receive ₹0.50 per equity share for FY26.
Apr 27 2026 12:04:00
Read More