Varun Beverages Limited — Important, 22-10-2024: Financial Result Updates

Varun Beverages Limited approved its unaudited financial results for the quarter and nine months ending September 30, 2024. Total income increased to ₹49,563.11 million for the quarter, resulting in a net profit after tax of ₹6,288.25 million. The company also disclosed plans for a Qualified Institutions Placement of up to ₹75,000 million and commenced soft drink production in the Democratic Republic of Congo. A recent acquisition of a South African beverage company was also noted.