ADVERTISEMENT

Varun Beverages Q4 Results Review: Motilal Oswal Reiterates 'Buy' On The Stock — Here's Why

Motilal Oswal reiterates Buy rating on the stock with a target price of Rs 680

<div class="paragraphs"><p>Varun Beverages’ revenue grew 38% YoY to Rs 36.9 (estimate in line) on account of healthy volume growth (+38% YoY to 215 million cases).</p><p>(Source: Company)</p></div>
Varun Beverages’ revenue grew 38% YoY to Rs 36.9 (estimate in line) on account of healthy volume growth (+38% YoY to 215 million cases).

(Source: Company)

Varun Beverages reported a revenue growth of 38% YoY in Q4 CY24, led by volume growth of 38% YoY, which was majorly driven by the volume addition from South Africa and the Democratic Republic of Congo.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit