Beverages, PepsiCo’s primary bottling partner in India, reported an impressive net profit of Rs 726 crore for the January–March quarter of 2025, showcasing a 35% year-on-year (YoY) growth.
The company’s revenue climbed 29% YoY to ₹5,567 crore, driven by a 30% surge in consolidated volumes and increased demand during the early onset of summer.
Despite these solid numbers, market sentiment seemed cautious, with the company’s shares dipping 1.35% to ₹521.80 apiece on the BSE. Industry experts attribute this reaction to concerns around valuations or the possibility that strong expectations were already priced in.
In addition to its financial achievements, the company announced an interim dividend of ₹0.50 per share, with eligible shareholders set to receive the payout on May 9, 2025.
The Q4 results highlight Varun Beverages’ continued momentum, fueled by strategic acquisitions and peak-season market demand. As one of PepsiCo’s key partners, the company has positioned itself for sustained growth in the beverages sector.
