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Varun Beverages reports 32% rise in Q2 consolidated net profit

01 Aug 2019 Evaluate

Varun Beverages has reported results for second quarter ended June 30, 2019.

The company has reported a rise of 32.18% in its net profit at Rs 382.10 crore for the quarter under review as compared to Rs 289.08 crore for the same quarter in the previous year. Total income of the company increased by 40.61% at Rs 2,468.54 crore for Q2 as compared Rs 1,755.65 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 32.01% in its net profit at Rs 404.99 crore for the quarter under review as compared to Rs 306.79 crore for the same quarter in the previous year. Total income of the company increased by 36.11% at Rs 2,854.80 crore for Q2 as compared Rs 2,097.49 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Nestle India 1382.90
Varun Beverages 412.70
Britannia Industries 4990.00
LT Foods 413.85
Hatsun Agro Product 1237.80
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