Varun Beverages consolidated net profit rises 353.31% in the December 2022 quarter

Image
Capital Market
Last Updated : Feb 06 2023 | 1:04 PM IST

Sales rise 27.67% to Rs 2214.24 crore

Net profit of Varun Beverages rose 353.31% to Rs 74.75 crore in the quarter ended December 2022 as against Rs 16.49 crore during the previous quarter ended December 2021. Sales rose 27.67% to Rs 2214.24 crore in the quarter ended December 2022 as against Rs 1734.34 crore during the previous quarter ended December 2021.

For the full year,net profit rose 115.75% to Rs 1497.43 crore in the year ended December 2022 as against Rs 694.05 crore during the previous year ended December 2021. Sales rose 49.30% to Rs 13173.14 crore in the year ended December 2022 as against Rs 8823.23 crore during the previous year ended December 2021.

ParticularsQuarter EndedYear EndedDec. 2022Dec. 2021% Var.Dec. 2022Dec. 2021% Var.Sales2214.241734.34 28 13173.148823.23 49 OPM %13.8911.97 -21.1718.75 - PBDT269.26171.13 57 2640.831537.87 72 PBT89.6041.86 114 2023.641006.61 101 NP74.7516.49 353 1497.43694.05 116

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 06 2023 | 12:50 PM IST

Next Story