Varun Beverages revenue and financials
₹439.30Change from previous close: −0.07%Absolute change: −₹0.30
In the fiscal year ended December 2025, Varun Beverages reported revenue of ₹208.35B (+7.15% year over year). Net income was ₹30.36B, a net margin of 14.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.15%
- 2025 vs 2024
- Net income growth
- +17.03%
- 2025 vs 2024
- Net margin
- 14.6%
- 2024: 13.3%
Financial data
Amounts in millions of INR; per-share values in INR; shares in millions.
| Item | Q2 2026 | Q4 2025 | Q2 2025 |
|---|---|---|---|
| Total assets | 302,105 | 255,652 | 247,157 |
| Current assets | 105,341 | 78,960 | 80,134 |
| Cash and equivalents | 21,257 | 17,842 | 19,738 |
| Short-term investments | 21,249 | 13,864 | 12,345 |
| Inventory | 39,897 | 29,518 | 30,733 |
| Net property, plant and equipment | 165,149 | 157,489 | 147,715 |
| Goodwill | 8,231 | 3,542 | 3,178 |
| Other intangible assets | 15,464 | 12,028 | 11,405 |
| Long-term investments | 2,241 | 1,633 | 1,268 |
| Current liabilities | 51,800 | 40,739 | 44,580 |
| Accounts payable | 20,191 | 14,013 | 13,698 |
| Long-term debt | 16,973 | 5,404 | 5,788 |
| Total debt | 34,835 | 25,082 | 21,383 |
| Total liabilities | 82,582 | 58,242 | 62,090 |
| Total equity (incl. minority) | 219,523 | 197,410 | 185,067 |
| Retained earnings | — | 94,073 | — |
| Minority interest | 1,817 | 1,623 | 1,433 |