Varun Beverages Limited (NSE: VBL), one of PepsiCo’s largest franchise bottlers globally, has announced a significant operational milestone today.
The company has officially commenced commercial production of carbonated soft drinks, juice-based beverages, and packaged drinking water at its new production facility located in Prayagraj, Uttar Pradesh.
This strategic expansion is expected to further enhance the company’s supply chain efficiency and production capacity in North India, enabling it to better meet the growing demand for its diverse beverage portfolio, especially as the peak summer season approaches.
The facility is poised to cater to increasing consumption in tier-2 and tier-3 cities across the region.
The Prayagraj plant adds to VBL’s extensive network of production facilities across India and reflects the company’s aggressive investment strategy in high-growth markets.
This expansion not only aligns with VBL’s long-term vision of market penetration and operational optimization but also strengthens its position as a key player in India’s booming non-alcoholic beverage sector.
In a separate regulatory filing, Varun Beverages also informed that its Board of Directors will meet on April 30, 2025, to consider and approve the Quarterly Unaudited Financial Results for the quarter ended March 31, 2025 (Q1 FY25). Additionally, the board will consider the declaration of a dividend, which could be welcomed by investors amid rising revenue expectations and expanding operations.
Varun Beverages manufactures well-known beverages like Pepsi, Mountain Dew, Mirinda, 7UP, Tropicana juices, Gatorade, Aquafina, and Sting, offering both carbonated and non-carbonated drinks to cater to a wide range of consumer tastes across different regions. The company also represents popular food brands such as Lays, Doritos, and Kurkure.
Varun Beverages Limited’s share price traded at ₹549.10, reflecting a slight decline of ₹0.35 or 0.06% at 12:05 PM on the NSE, from the previous close of ₹549.45. The stock opened at ₹552.00 and reached a high of ₹557.80, with a low of ₹545.10 during the trading session.
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The move comes at a time when the FMCG sector is witnessing strong demand revival, and VBL’s proactive approach could provide a competitive edge in both revenue growth and market share expansion.
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Published on: Apr 23, 2025, 12:13 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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