Varun Beverages Limited reported robust financial growth for the quarter ended March 31, 2026. The company achieved a consolidated revenue of ₹67,215.37 million, marking a significant performance increase. The Board has also declared an interim dividend of ₹0.50 per share. Growth was supported by both strong operational performance and strategic international acquisitions, including the recent purchase of Twizza in South Africa, which strengthens the company’s non-alcoholic beverage portfolio.
Financial Highlights for Q1 2026
For the first quarter ending March 31, 2026, Varun Beverages reported a consolidated revenue from operations of ₹67,215.37 million. The company’s Net Profit after tax for the same period stood at ₹8,787.13 million, reflecting strong demand across its markets. On a standalone basis, revenue was recorded at ₹45,005.54 million with a net profit of ₹7,879.07 million.
Dividend Announcement
The Board of Directors has approved an interim dividend of ₹0.50 per equity share for the financial year 2026. The company has set Friday, May 1, 2026, as the record date for determining shareholder entitlement. The payout is scheduled to commence on Tuesday, May 5, 2026.
Strategic Growth and Acquisitions
During the quarter, the company significantly expanded its footprint in South Africa. Effective March 18, 2026, the company successfully acquired 100% of the share capital of Twizza Proprietary Limited for an enterprise value of ZAR 2,053 million. Furthermore, the company has entered into a binding agreement to acquire Crickley Dairy Proprietary Limited, with completion expected by September 30, 2026, to enhance its dairy and juice-based beverage offerings.
Investment in Renewable Energy
Demonstrating a commitment to sustainable operations, the company has expanded its renewable energy portfolio. It has acquired an additional 23% stake in Jager Renewables Two Private Limited (holding 49% total) and subscribed to a 29.99% stake in FPEL HR2 Energy Private Limited. These investments are aimed at securing solar power for captive consumption across its manufacturing facilities in India.
Source: BSE
