Finance

Lists
Q2 2026 earnings • released • EPS beat +3.52% • Revenue miss -2.10%
See results
VBL:NSE
Varun Beverages Ltd
₹451.00
+0.85%
(+3.80) 1D
Jul 30, 3:30:00 PM GMT+5:30  ·   INR
All symbols
SymbolPriceChange% Change
Generating top insights for VBL...
Open
₹448.20
High
₹455.15
Low
₹446.60
Mkt. cap
1.53T
Avg. vol.
7.40M
Volume
7.07M
Dividend
0.33%
Quarterly dividend
₹0.38
Ex-dividend date
Jul 31, 2026
P/E ratio
47.96
52-wk high
₹555.80
52-wk low
₹381.00
EPS
₹9.40
Shares outstanding
182.63M
No. of employees
11K
Open
₹448.20
High
₹455.15
Low
₹446.60
Mkt. cap
1.53T
Avg. vol.
7.40M
Volume
7.07M
Dividend
0.33%
Quarterly dividend
₹0.38
Ex-dividend date
Jul 31, 2026
P/E ratio
47.96
52-wk high
₹555.80
52-wk low
₹381.00
EPS
₹9.40
Shares outstanding
182.63M
No. of employees
11K
News stories
From sources across the web
Profile
Varun Beverages Limited is an Indian multinational company that manufactures, bottles and distributes beverages. It is the largest bottling company of PepsiCo's beverages in the world outside the United States. The company was incorporated in 1995 as a subsidiary of RJ Corp, and named after founder Ravi Jaipuria's son. Apart from carbonated soft drinks of PepsiCo such as Pepsi, 7 Up, Mountain Dew and Mirinda, the company distributes Tropicana and Tropicana Slice fruit juice brands, Gatorade sports-themed beverages, Sting energy drinks, Creambell milkshakes, Duke's club soda, Lipton ready-to-drink ice tea, and Aquafina brand of bottled water. As of 2019, Varun Beverages is PepsiCo bottler in 27 states and 7 union territories of India. The company also manufactures and distributes its products in Nepal, Sri Lanka, Morocco, Mozambique, Zambia, Zimbabwe, Democratic Republic of Congo, Madagascar, South Africa, Lesotho, Eswatini, Namibia, and Botswana. In 2022, VBL entered into an agreement to manufacture Kurkure Puffcorn for PepsiCo India Holdings. Wikipedia
About Varun Beverages Ltd
CEO-
Employees10.7K
Founded1995
Headquarters-
SectorDrink
Websitevarunbeverages.com
Last report
Jul 28, 2026
Fiscal period
Q2 2026
EPS / Est. (INR)
₹4.50 / ₹4.35
+3.52%beat
Revenue / Est. (INR)
84.51B / 86.33B
-2.10%miss
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in INR
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in INR
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
48.97B
42.04B
65.74B
84.51B
Cost of goods sold
21.19B
18.76B
29.46B
-
Cost of revenue
21.19B
18.76B
29.46B
38.06B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
5.53B
11.22B
6.19B
-
Operating expense
17.90B
22.72B
24.13B
-
Total operating expenses
39.09B
41.48B
53.59B
-
Operating income
9.88B
563.51M
12.16B
-
Other non operating income
-
71.49M
-
-
EBT including unusual items
9.41B
3.59B
11.63B
-
EBT excluding unusual items
9.41B
2.75B
11.63B
-
Income tax expense
1.96B
988.81M
2.84B
-
Effective tax rate
20.80%
27.55%
24.46%
22.85%
Other operating expenses
9.29B
8.19B
14.37B
-
Net income
7.41B
2.52B
8.72B
-
Net profit margin
15.14%
5.99%
13.27%
-
Earnings per share
2.19
0.74
2.58
4.50
Interest and investment income
-
317.65M
-
-
Interest expense
-452.14M
-455.10M
-485.25M
-
Net interest expenses
-452.14M
-137.45M
-485.25M
-
Depreciation and amortization charges
3.08B
3.30B
3.57B
4.09B
EBITDA
12.04B
3.30B
14.90B
-
Gain or loss from assets sale
-
-
-
-
AI content may include mistakes. Learn more
HelpSend feedbackPrivacyTermsDisclaimer

Research

What's on your mind?
What's going on with the markets today?
Explore what’s possible
Create a portfolio
Create a task
Deep Search
AI content may include mistakes. Learn more
HelpSend feedbackPrivacyTermsDisclaimer