Varun Beverages Limited — Updates, 29-07-2025: Press Release

Varun Beverages' Q2 revenue dipped 2.5% to ₹7,017 Cr, driven by a 7.1% volume decline in India due to unseasonal rains. International volumes, however, surged 15.1%, helping PAT rise 5% to ₹1,325 Cr due to operational efficiencies. For H1, revenue grew 9.3% to ₹12,584 Cr and PAT climbed 13.6% to ₹2,056 Cr. Operational highlights include new production lines in India, a can line in South Africa, and commercial Cheetos snack production in Morocco. VBL also acquired 50% in a Sri Lankan visi-cooler firm and approved a ₹0.50/share dividend. Despite Q2 weather, international growth and capacity build-out signal future strength.