Varun Beverages reports 2-fold jump in Q1 consolidated net profit
9th May 2019

Varun Beverages has reported results for the first quarter ended March 31, 2019. 

The company has reported a rise of 65.55% in its net profit at Rs 55.46 crore for the quarter ended March 31, 2019 as compared to Rs 33.50 crore for the same quarter in the previous year. Total income of the company increased by 10.36% at Rs 1000.17 crore for quarter under review as compared to Rs 906.32 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported 2-fold jump in its net profit at Rs 40.04 crore for the quarter ended March 31, 2019 as compared to Rs 19.74 crore for the corresponding quarter in the FY18. Total consolidated income of the company rose 22.24% at Rs 1382.01 crore for quarter under review as compared to Rs 1130.54 crore for the same quarter ended previous year.