VBL Share Price Rebounds on Feb 28 After Hitting 52-Week Low

Varun Beverages Ltd (VBL) has been in focus on Friday. On February 28, 2025, Varun Beverages share price (NSE: VBL) opened at ₹448.00, almost the same as its previous close of ₹448.30. At 9:39 AM, the share price of Varun Beverages was trading at ₹454.25, up by 1.33% on the NSE. Notably, the stock price touched its 52-week low at ₹439.90 on February 27, 2025.

Extension of Timeline for SBC Beverages Ghana Acquisition

Recently, on February 25, 2025, the company informed the stock exchanges about an extension in the timeline for acquiring 100% share capital of SBC Beverages Ghana Limited.

The acquisition, valued at US$ 15.06 million (₹1,271 million), is being executed through a Share Purchase Agreement with Ghana Bottling Company Limited. Initially scheduled for completion by February 28, 2025, as per the company’s earlier update on November 12, 2024, the transaction timeline has now been extended to March 31, 2025.

The completion remains subject to regulatory and other necessary approvals, including but not limited to approvals from PepsiCo Inc. The extension ensures smooth regulatory compliance and finalisation of procedural requirements for the acquisition.

Q3 FY 2025 Financial Highlights

For the quarter ended December 31, 2024, the company’s total income stood at ₹38,622.54 million, compared to ₹49,563.11 million in the previous quarter and ₹27,400.98 million in the same quarter last year.

Net profit after tax for the quarter was ₹1,956.44 million, down from ₹6,288.25 million in the previous quarter but higher than ₹1,437.62 million in Q3 FY24. For the year ended December 31, 2024, net profit reached ₹26,342.85 million, up from ₹21,018.13 million in the previous year.

About Varun Beverages Ltd

Varun Beverages Ltd, a key player in the beverage industry, has been associated with PepsiCo since the 1990s and is one of its largest global franchisees. The company manufactures and distributes a diverse range of carbonated soft drinks, non-carbonated beverages, and packaged water under PepsiCo-owned trademarks. Its portfolio includes popular brands such as Pepsi, 7UP, Mirinda Orange, Mountain Dew, Tropicana Juices, and more.

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