Varun Beverages Limited — Investor Meet, 28-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Varun Beverages reported a robust Q3 performance with a 24.1% revenue increase due to expanded distribution and favorable demand trends despite heavy rainfall. EBITDA rose by 30.5%, driven by improved operational efficiencies. The company plans to establish new production facilities in India and abroad, including a Greenfield site in the DRC. To support growth, a Rs 7,500 crore equity fundraising has been proposed for expansions and debt reduction. Overall, Varun aims to sustain growth in both domestic and international markets.