Varun Beverages Stock Drops 3% Despite 36% Surge In Q3 Net Profit

VBL Share Price: The firm's stock price fell about 6% intraday to a low of Rs 440.60.

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The firm's stock price fell about 6% intraday to a low of Rs 440.60.
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  • Varun Beverages' share price fell 3% to close at Rs 452.50 on NSE trading day
  • Q3 consolidated profit after tax rose 29% to Rs 3,120 crore year-on-year
  • Revenue increased 14% to Rs 4,204 crore, while EBITDA grew 10.2% to Rs 639 crore
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VBL Share Price: Varun Beverages Ltd.'s share price fell 3% in the day's trade to close at Rs 452.50 according to National Stock Exchange data. The firm's stock price fell about 6% intraday to a low of Rs 440.60. The company also announced its consolidated financial results for the third quarter of the financial year 2026 with profit after tax up 29% year-on-year to Rs 3,120 crore, compared to Rs 2,413 crore a year earlier. 

Varun Beverages Q3 results (Consolidated, YoY)

  • Revenue up 14% at Rs 4,204 crore vs Rs 3,689 crore
  • Ebitda up 10.2% at Rs 639 crore vs Rs 580 crore
  • Margin 15.2% vs 15.7%
  • Net Profit up 36.2% at Rs 252 crore vs Rs 185 crore

The beverage firm also approved a payment of final dividend of Rs 0.50 per equity share, subject to the approval of equity shareholders in the annual general meeting of the company.

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The firm expects demand to improve due to favourable monsoons and stated that double digit growth in India was "not impossible" as per a conference call the company held. It also anticipates a "much better realisation" in African market for the calendar year 2026.

The calnder year 2025 saw steady execution, despite weather-related disruptions in India during the peak summer season, the firm said. It reported a growth of 7.9% for consolidated volumes. It stated that performance improved meaningfully in the fourth quarter, with domestic volumes growing by 10.5%, and said that it reflected the strength of their wide distribution network and strong brand portfolio. International volumes grew by 10.0% in the fourth quarter, with South Africa delivering healthy volume growth as per the firm.

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Shares of Varun Beverages closed 2.96% lower at Rs 452.50 apiece on the NSE, compared to a 2.55% rise in the benchmark Nifty. 

Also Read: Q3 Results Live Updates: Adani Enterprises Revenue Surges, Margin Expands; Solar Industries Profit Jumps

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