Varun Beverages Ltd. reported Q3 Results on February 06, 2023. The company reported a Net Profit jump of 150.2% and declared a final dividend of Re 1/Equity Share for CY22.

Record Date for the dividend to be fixed after taking approval of the shareholders at the ensuing AGM of the Company. 

Varun Beverages Ltd. reported Net Revenue of Rs.2214.2 crores in the December quarter of CY22 up 27.7% YoY. It was Rs.1734.3 crores in Q4 CY21. 

Varun Beverages Ltd. reported EBITDA of Rs.307.5 crores up 48.1% YoY. It was Rs. 207.5 crores in Q4 CY21. 

Varun Beverages Ltd. reported EBITDA margin of 13.9% up 192 bps YoY. It was 11.98% in Q4 CY21. 

Varun Beverages Ltd. reported a Net Profit of Rs.81.5 crores rose 150.2% YoY. It was Rs 32.5 crores in Q4 CY21. 

The company reported Debt to Equity ratio stood at 0.65x and Debt to EBITDA ratio stood at 1.23x as on Dec 31, 2022.

Varun Beverages Ltd. declared final dividend of Re. 1 per Equity Share. With this, total dividend declared for year ended 31st December 2022 stands at Rs. 3.50/ equity share.

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