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Varun Beverages reports 84% rise in Q3 consolidated net profit

04 Nov 2019 Evaluate

Varun Beverages has reported results for third quarter ended September 30, 2019. 

The company has reported marginal rise of 2.56% in its net profit at Rs 65.23 crore for the quarter under review as compared to Rs 63.60 crore for the same quarter in the previous year. Total income of the company increased by 61.31% at Rs 1,350.25 crore for Q3 as compared Rs 837.05 crore for the corresponding quarter previous year.  

On the consolidated basis, the company has reported 83.71% rise in its net profit at Rs 81.12 crore for the quarter under review as compared to Rs 44.16 crore for the same quarter in the previous year. Total income of the company increased by 47.60% at Rs 1,778.66 crore for Q3 as compared Rs 1,205.04 crore for the corresponding quarter previous year. 

Peers
Company Name CMP
Nestle India 1390.40
Varun Beverages 413.15
Britannia Industries 5008.20
LT Foods 418.00
Hatsun Agro Product 1230.50
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