Varun Beverages Limited — Board Meeting, 22-10-2024: Outcome of Board Meeting

Varun Beverages Limited reported its unaudited financial results for the quarter and nine months ending September 30, 2024. The company achieved revenue from operations of ₹49,320.61 million for the quarter, leading to a net profit of ₹6,288.25 million. Additionally, the board approved a qualified institutional placement to raise up to ₹75,000 million. The company expanded its operations by starting production in the Democratic Republic of Congo and acquiring control of The Beverage Company in South Africa.