Varun Beverages has reported results for third quarter ended December 31, 2022. (Q3FY23)
The company has reported net profit of Rs 58.85 crore for Q3FY23 as compared to net loss of Rs 19.75 crore for the corresponding quarter previous year. Total income of the company increased by 42.59% to Rs 1,617.60 crore for the quarter under review as compared to Rs 1,134.47 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported over 2-fold jump net profit at Rs 81.52 crore for Q3FY23 as compared to Rs 32.59 crore for the same quarter in the previous year. Total income of the company increased by 28.35% to Rs 2,266.45 crore for the quarter under review as compared to Rs 1,765.79 crore for the same quarter in the previous year.
