Varun Beverages reports 36% profit growth in Q4
after close1 source ↓written by the desknot a recommendation
- YoY
- 36%
- to ₹4
- 13.5%
- from 15.2
- 14.7%
- from its day’s
- 9%
Shares of Varun Beverages declined 4.5% to ₹445.30 after reporting a net profit of ₹252 cr, up 36% YoY. Revenue rose 13.5% to ₹4,334.7 cr, but EBITDA margin contracted to 14.7% from 15.2%. The stock fell 9% from its day’s high of ₹492, indicating market reaction to margin pressures.
Not investment advice. For informational purposes only.