Varun Beverages Limited has announced its financial results for the quarter ended March 31, 2026. The company reported strong growth in consolidated revenue from operations reaching ₹67,215.37 million and a net profit after tax of ₹8,787.13 million. Additionally, the Board of Directors has approved an interim dividend of ₹0.50 per equity share, with the record date set for May 1, 2026.
Quarterly Financial Performance
For the quarter ending March 31, 2026, Varun Beverages demonstrated significant growth in its consolidated operations. The company recorded a revenue from operations of ₹67,215.37 million, compared to ₹56,800.26 million in the same quarter of the previous year. The net profit after tax attributable to the owners of the company stood at ₹8,723.55 million, underscoring a robust operational performance during the period.
Dividend Announcement
In line with its commitment to shareholder value, the Board has approved an interim dividend of ₹0.50 per equity share for the Financial Year 2026. The equity shares have a nominal value of ₹2/- each. The company has fixed Friday, May 1, 2026, as the Record Date to determine the entitlement of shareholders, with payment scheduled to commence on Tuesday, May 5, 2026.
Strategic Acquisitions and Expansion
The company continues to expand its footprint in international markets. During this quarter, its South African subsidiary, The Beverage Company Proprietary Limited, successfully acquired a 100% stake in 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 in South Africa to bolster its dairy and juice-based drink portfolio, with completion expected by September 30, 2026.
Renewable Energy Initiatives
Varun Beverages is actively investing in sustainable energy to support its manufacturing operations. Post-quarter, the company subscribed to a 29.99% equity stake in FPEL HR2 Energy Private Limited. Additionally, as of March 11, 2026, the company increased its holding in Jager Renewables Two Private Limited to 49%, aimed at securing solar power for captive consumption across its facilities in India.
Source: BSE
