Varun Beverages Limited — Updates, 10-02-2025: Press Release

Varun Beverages Limited reported robust performance for CY2024, with revenue from operations increasing by 24.7% YoY to ₹200,076.5 Cr, driven by a 23.2% growth in consolidated sales volume to 1,124.4 million cases. EBITDA saw a notable rise of 30.5% to ₹47,110.7 Cr, while PAT grew 25.3% to ₹26,342.8 Cr. The company has expanded its portfolio with low/no sugar products, which now constitute approximately 53% of sales volumes.

In Q4 2024, revenue surged by 38.3% YoY to ₹36,887.9 Cr, and EBITDA increased by 38.7% to ₹5,799.7 Cr. PAT rose 36.1% to ₹1,956.4 Cr, indicating strong margin improvements and volume growth.

Key developments include the successful completion of acquisitions in South Africa, Tanzania, and Ghana, enhancing VBL's international footprint. The company commenced operations in new territories and raised ₹75,000 Cr through a Qualified Institutional Placement (QIP), strengthening its financial position. They plan to pay a final dividend of ₹0.50 per equity share, pending approval at the upcoming AGM, indicating strong shareholder value focus. Investors should monitor VBL's aggressive expansion strategy and capacity enhancements for future growth opportunities.