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 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total revenue | 84,512 | 65,742 | 42,044 | 70,174 | 55,669 |
| Cost of revenue | 38,064 | 29,456 | 18,761 | 31,911 | 25,291 |
| Gross profit | 46,449 | 36,285 | 23,284 | 38,263 | 30,379 |
| Operating income | 19,340 | 11,721 | 3,091 | 16,926 | 9,915 |
| EBIT | 20,341 | 12,117 | 4,055 | 17,686 | 10,189 |
| EBITDA | 24,431 | 15,685 | 7,357 | 20,747 | 12,914 |
| Interest expense | 569 | 485 | 466 | 365 | 411 |
| Pre-tax income | 19,772 | 11,632 | 3,589 | 17,320 | 9,778 |
| Income tax | 4,518 | 2,845 | 989 | 4,066 | 2,465 |
| Net income | 15,208 | 8,724 | 2,518 | 13,170 | 7,265 |
| Net income to common shareholders | 15,208 | 8,724 | 2,518 | 13,170 | 7,265 |
| Basic EPS | 4.50 | 2.58 | 0.74 | 3.89 | 2.15 |
| Diluted EPS | 4.50 | 2.58 | 0.74 | 3.89 | 2.15 |
| Average shares (basic) | 3,380 | 3,381 | 3,403 | 3,386 | 3,379 |
| Average shares (diluted) | 3,380 | 3,381 | 3,403 | 3,386 | 3,379 |