Varun Beverages Limited — Investor Meet, 07-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Varun Beverages has announced a board meeting to consider the financial results for the quarter and half-year. Consolidated volumes rose 30.1% YoY, driven by 15.5% growth in India and integration in South Africa. Revenue grew 28.9% to Rs. 5,567 Cr; EBITDA increased 27.8% to Rs. 1,264 Cr with PAT up 33.5% to Rs. 731 Cr. India’s EBITDA margin improved 111 bps despite a 171 bps dip in consolidated gross margin. New plants started in Himachal Pradesh and Uttar Pradesh; snack segment expanded in Zimbabwe and Zambia. Management highlighted growth from rising incomes, urbanization, GTM expansion, and marketing support, with a confident outlook on sustained volume and margin growth.