Varun Beverages Q3 results: net profit rises 13.8% to Rs 828 crore
Varun Beverages said in an NSE filing that consolidated net profit rose 13.8% to Rs 828 crore in the September 2026 quarter, and declared a Rs 0.50 per share interim dividend.
Key points
- Varun Beverages said in its NSE filing that consolidated net profit for the September 2026 quarter was Rs 828 crore, up 13.8% year on year.
- Revenue from operations was Rs 6,815.6 crore, up 33.3% from a year earlier and down 22.1% from the previous quarter, per the filing.
- The board declared a third interim dividend of Rs 0.50 per share, with a record date of 5 November 2026 and payment from 7 November 2026.
Varun Beverages Ltd reported a consolidated net profit of Rs 828 crore for the quarter ended 30 September 2026, up 13.8% from Rs 727.5 crore a year earlier, according to its filing with the National Stock Exchange. Revenue from operations rose 33.3% year on year to Rs 6,815.6 crore. The board also declared a third interim dividend of Rs 0.50 per share.
What Happened
The company said in the filing that its board approved the unaudited standalone and consolidated results for the quarter and nine months ended 30 September 2026 on 30 October 2026. The statutory auditors issued an unmodified limited review report. The company follows a calendar year as its financial year. The figures below are consolidated and are restated, as the filing notes.
For the quarter, revenue from operations was Rs 6,815.6 crore, against Rs 5,112.4 crore in the same quarter last year, a rise of 33.3%. Compared with the previous quarter, ended 30 June 2026, when revenue was Rs 8,744.7 crore, it fell 22.1%. The filing notes that sales of the group's products are seasonal.
Net profit attributable to the owners of the company was Rs 828 crore. That is 13.8% higher than the Rs 727.5 crore a year earlier and 45.0% lower than the Rs 1,505.1 crore in the previous quarter. Basic earnings per share were Rs 2.45, against Rs 2.15 a year earlier.
For the nine months, revenue from operations was Rs 22,371.2 crore, up 23.6% from Rs 18,101.1 crore. Net profit attributable to owners was Rs 3,188.8 crore, up 15.8% from Rs 2,754.8 crore.
The board declared a third interim dividend of Rs 0.50 per equity share for the financial year 2026. The record date is 5 November 2026, and the dividend will be paid on and from 7 November 2026 to shareholders on the register of members or the depositories' list on the record date.
The filing's notes also say that a subsidiary in South Africa acquired all the share capital of Twizza Proprietary Limited with effect from 18 March 2026, and that a proposed acquisition of Crickley Dairy Proprietary Limited was not completed because certain conditions were not met; the sellers have referred it to the Arbitration Foundation of Southern Africa.
What It Means
For shareholders, the filing sets out the quarter's earnings and the dividend dates. Shareholders whose names are on the company's register or in the depositories' records on 5 November 2026 are entitled to the Rs 0.50 per share dividend.
The year-on-year rise in revenue and profit is set against a sharp fall from the previous quarter, which the company's note on seasonality addresses. The filing does not give a forecast, and none is offered here. Readers can find the full results and the limited review report on the company's website and on the exchange.
Oquilia Data: Varun Beverages Ltd. (NSE: VBL)
| Close, 29 Oct 2026 | Rs 414.80 (+2.55% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | −3.53% / −7.25% / −20.70% / −15.32% / −16.28% |
| Against Nifty 50, 1M / 3M / YTD | −4.51 / −1.83 / −3.10 points |
| 52-week closing high / low | Rs 544.05 (17 Jun 2026) / Rs 382.20 (23 Mar 2026) |
| Turnover, 20-session average | Rs 212.54 cr; 58.2% delivered; latest volume 0.5x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: Varun Beverages share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India