Varun Beverages Limited has been in focus on Wednesday. On April 23, 2025, Varun Beverages share price (NSE: VBL) opened at ₹552.00, up from its previous close of ₹549.45. At 10:44 AM, the share price of VBL was trading at ₹547.70, down by 0.32% on the NSE.
The company has notified the exchanges that a meeting of its Board of Directors will be held on Wednesday, April 30, 2025. The agenda includes the consideration and approval of the Unaudited Financial Results for the quarter ended March 31, 2025, on both a standalone and consolidated basis. The Board will also consider the declaration of an interim dividend for FY2025.
For the calendar year 2024, the company had earlier declared a final dividend of ₹0.50 per equity share (face value ₹2). The record date for determining shareholders eligible to receive the dividend was set as April 4, 2025. Following approval at the company’s 30th Annual General Meeting held on April 3, 2025, the dividend was scheduled to be paid on or after April 7, 2025.
Varun Beverages reported a steady financial performance for the calendar year 2024. The company’s revenue increased by 24.7% year-on-year to ₹20,007.65 crore, supported by a 23.2% rise in sales volumes, which stood at 1,124.4 million cases.
EBITDA grew by 30.5% to ₹4,711.07 crore, while profit after tax (PAT) rose by 25.3% to ₹2,634.28 crore.
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Varun Beverages Limited is a prominent player in the beverage industry and ranks among the largest franchisees of PepsiCo globally, outside the United States. The company manufactures and distributes a wide portfolio of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including packaged drinking water, all under trademarks owned by PepsiCo. VBL’s CSD offerings include popular PepsiCo brands such as Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda, Seven-Up Nimbooz Masala Soda, and Evervess.
With financials in CY2024 and a potential interim dividend on the horizon, all eyes are now on Varun Beverages’ upcoming quarterly results. The market will closely watch for signals on demand trends and profitability in FY2025.
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Published on: Apr 23, 2025, 11:48 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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