Varun Beverages share price gained attention during early trading hours today. The company has fixed Friday, April 4, 2025, as the record date for dividend distribution. News reports suggest that the company will offer a final dividend of ₹0.50 per share. This is for the year ending of December 2024. The face value of each share is ₹2.
In today’s trading session, Varun Beverages share price surged slightly. It was up 0.07% at ₹531.45 on BSE. Its turnover reached ₹4.48 crore. The stock has risen notably from its 52-week low. It rose 26.60% from ₹419.40 on March 3, 2025.
As per news reports, the Board of Directors finalised the record date today via a circular resolution at 9:42 AM. The AGM for approval of the final dividend is scheduled for Thursday, April 3, 2025. Payment will likely begin on Monday, April 7, 2025.
The record date is set to fix the eligibility of shareholders for dividend receipt. The dividend will be paid to those shareholders who are listed on the company’s records and depository lists before April 4, 2025.
Varun Beverages witnessed a notable growth in net profits. The company’s net profits rose by 40.3% during the December 2024 quarter. It jumped to ₹185.1 crore from ₹131.9 crore in Q4 2023.
Its revenue from operations also surged by 40.3% from ₹2,731 crore to ₹3,818 crore. EBITDA also grew by 38.7% to ₹580 crore. This is a significant increase from ₹418 crore in Q4 of FY 2023.
Varun Beverages is a major beverage company that operates as PepsiCo’s franchisee. It produces and distributes a wide range of beverages. This includes carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs). It also produces packaged drinking water brought under PepsiCo trademarks.
Varun Beverages has announced April 4, 2025 as the dividend record date. The company has reported strong quarterly financial results. Its share price has exhibited a modest increase. The company is a major operator in India’s beverage industry.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. (write in all articles related to stocks).
Published on: Mar 25, 2025, 3:54 PM IST
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
