Varun Beverages Limited (VBL)
Press Release
Press Release - Q3 & 9M CY2026
- Q3 revenue Rs 66,075.6 mn +33.2% y-y; EBITDA Rs 14,267.1 mn +25.1%; PAT Rs 8,305.9 mn +13.5%
- 9M revenue Rs 218,145.5 mn +23.3%; EBITDA Rs 52,745.8 mn +19.9%; PAT Rs 32,023.0 mn +15.5%
- Volume growth: Q3 consolidated +28.7% (India +22.5%, international +39.9%)
- Gross margin down 334 bps to 53.1% due to packaging costs; EBITDA margin down 140 bps to 21.6%
- New subsidiary KIVA Spirits formed for RTD and alcoholic beverages
- Twizza merger with BevCo completed; operational synergies expected
- Interim dividend approved at Rs 0.50/share (25% face value)
Source: Original filing PDF
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🚨 VBL — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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