MoneyWorks4Me

Varun Beverages reports over 2-fold jump in Q1 consolidated net profit

04 May 2021 Evaluate

Varun Beverages has reported results for first quarter ended March 31, 2021.

The company has reported 62.92% rise in its net profit of Rs 125.24 crore for the quarter under review as against net profit of Rs 76.87 crore for the same quarter in the previous year. Total income of the company increased by 34.30% at Rs 1,805.20 crore for quarter ended March 31, 2021 as compared Rs 1,344.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit attributed to the owners at Rs 129.26 crore for the quarter under review as against net profit of Rs 54.92 crore for the same quarter in the previous year. Total income of the company increased by 31.96% at Rs 2,275.61 crore for quarter ended March 31, 2021 quarter as compared Rs 1,724.51 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Nestle India 1382.70
Varun Beverages 413.10
Britannia Industries 5002.65
LT Foods 417.15
Hatsun Agro Product 1234.25
View more..