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Varun Beverages reports over 2-fold jump in Q2 consolidated net profit

02 Aug 2022 Evaluate

Varun Beverages has reported results for second quarter ended June 30, 2022.

The company has reported 3-fold jump in its net profit at Rs 728.33 crore for the quarter under review as compared to Rs 238.08 crore for the same quarter in the previous year. Total income of the company increased by over 2-fold at Rs 4,390.08 crore for quarter ended June 30, 2022 as compared Rs 1,994.45 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 802.01 crore for the quarter under review as compared to Rs 318.80 crore for the same quarter in the previous year. Total income of the company increased by 2-fold at Rs 5,028.05 crore for quarter ended June 30, 2022 as compared Rs 2,507.45 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Nestle India 1388.65
Varun Beverages 412.55
Britannia Industries 5012.00
LT Foods 415.40
Hatsun Agro Product 1221.80
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