Varun Drinks Ltd., a franchise associate of PepsiCo, has knowledgeable the inventory trade that its board assembly is scheduled for April 30, throughout which the board will think about and approve the quarterly monetary outcomes for the quarter ended March 31, 2025 (Q1 CY25).
The board can be prone to think about a possible dividend declaration throughout this assembly.
In an trade submitting on April 23, the corporate, which follows a calendar yr (January -December) of reporting, confirmed the main points of its upcoming assembly.
The Pepsi India bottler had seen sturdy demand for delicate drinks in Q1CY24, pushed by an early onset of summer time. This seasonal increase had positively impacted gross sales and earnings. In Q1CY25, the corporate is aiming to copy that sturdy efficiency.
Varun Drinks Q1 Outcomes: Earnings Name Schedule
The corporate has introduced that it’s going to host a convention name with traders and analysts on Wednesday, April 30, at 2:30 p.m.
Timing: Wednesday, April 30, 2025, at 2:30 PM IST
Convention Dial-In (Major Numbers):
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+91 22 6280 1141
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+91 22 7115 8042
In its official launch, the corporate has additionally shared a pre-registration hyperlink for the convention for the contributors.
Varun Drinks Q1CY25 Outcomes: Buying and selling Window Closure
In a separate trade submitting on March 25, Varun Drinks had knowledgeable the exchanges that its buying and selling window can be closed from April 1 till the tip of 48 hours after the declaration of economic outcomes for the quarter ending March 31, 2025.
“In the course of the closure of the buying and selling window, insiders have been suggested to not deal in fairness shares of the corporate,” it stated.
Varun Drinks Q4CY24 Outcomes:
Varun Drinks reported sturdy development within the December 2024 quarter. Its income from operations rose to Rs 3,818 crore, up from Rs 2,731 crore in December 2023, marking a 39% enhance YoY. The full earnings stood at Rs 3,862 crore. The corporate’s bills elevated to Rs 3,607 crore, in comparison with Rs 2,552 crore final yr.
Revenue earlier than tax got here in at Rs 254 crore, up from Rs 188 crore year-on-year. In the meantime, the online revenue grew to Rs 196 crore, in comparison with Rs 144 crore within the December 2023 quarter, marking a strong 36% YoY enhance, pushed by sturdy demand and operational development.
Varun Drinks Share Worth Historical past
Within the final 5 classes, the shares of Varun Drinks are down over 4%. The inventory’s present value is down 13.91% in comparison with the previous 6 months and 18.47% yr thus far, amid broader financial uncertainty.
The inventory touched its 52-week excessive of Rs 681.12 in July 2024, whereas its 52-week low was recorded on March 3, 2025, at Rs 419.55 per share.
Varun Drinks shares had been buying and selling 0.48% down at Rs 530.65 apiece on the NSE, as of 10:09 a.m. on Tuesday, in comparison with a flat benchmark Nifty 50 at 24,338.15.
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