Varun Beverages share price gains post Q3 results; profit jumps 22%

Quick Summary:

Shares of Varun Beverages gained 2.74 per cent at Rs 594.

Gross margins improved by 22 basis points to 55.5 per cent in Q3CY24, compared to 55.3 per cent in Q3CY23.

The Ebitda margin also improved by 117 basis points to 24.0 per cent, driven by operational efficiencies, the company said.

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Category: BusinessFinance

Markets: India

Topics: Varun beverages news Varun beverages shares Buzzing stocks Varun beverages Stock market Varun beverages share price today Varun beverages share price Varun beverages share price Sensex

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Article Type: News Report

Published On: 2024-10-22 @ 13:06:10 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 24 lines

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Copyright Owner: © Business Standard

News ID: 23195886

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