Varun Beverages up 5% on launching QIP, to raise up to Rs 7,500 crore

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Varun Beverages up 5% on launching QIP, to raise up to Rs 7,500 crore - Business Standard

Quick Summary:

Varun Beverages, which follows a January-December financial year, in 2023, reported net revenues at Rs 16,042.58 crore, up 21.

The company is publicly listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), reflecting its significant presence in the global beverage industry.

In the June quarter, the company reported a 28.3 per cent revenue growth to Rs 7,196.86 crore, and its profit was up 25.5 per cent to Rs 1,261.83 crore.