Varun Beverages Financial Results
- Market cap
- ₹1.49 lakh crore
- P/E
- 44.1
- P/B
- 6.86
- ROE
- 16.7%
- Dividend yield
- 0.11%
For the year ended Dec 2019, Varun Beverages reported revenue of ₹7,248 crore and net profit of ₹472 crore, against ₹6,556 crore and ₹357 crore a year earlier.
Varun Beverages annual profit and loss
Financial years, newest first. TTM = trailing twelve months.
| Item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,248 | 6,556 | 8,958 | 12,921 | 15,622 | 19,445 | 20,835 | 23,276 |
| Expenses | 5,801 | 5,354 | 7,304 | 10,043 | 11,814 | 14,494 | 15,758 | 17,590 |
| Operating profit | 1,448 | 1,202 | 1,655 | 2,878 | 3,807 | 4,951 | 5,077 | 5,686 |
| Operating margin % | 20% | 18% | 18% | 22% | 24% | 25% | 24% | 24% |
| Other income | 43 | -30 | 68 | -101 | -120 | -122 | 318 | 354 |
| Interest | 310 | 281 | 185 | 184 | 267 | 449 | 168 | 196 |
| Depreciation | 489 | 529 | 531 | 570 | 681 | 947 | 1,216 | 1,404 |
| Profit before tax | 692 | 363 | 1,007 | 2,024 | 2,739 | 3,433 | 4,010 | 4,440 |
| Tax % | 32% | 1% | 26% | 23% | 23% | 23% | 24% | 23% |
| Net profit | 472 | 357 | 746 | 1,550 | 2,102 | 2,634 | 3,062 | 3,409 |
| EPS (₹) | 1.44 | 1.01 | 2.14 | 4.61 | 6.33 | 7.67 | 8.98 | 10.01 |
| Dividend payout % | — | — | — | — | — | — | — | — |
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Varun Beverages financial results — frequently asked questions
What is Varun Beverages' annual revenue and net profit?
For the financial year ended Dec 2019, Varun Beverages' revenue was ₹7,248 crore and net profit ₹472 crore; net profit rose 32.21% from ₹357 crore in Dec 2020.
How fast has Varun Beverages grown over three years?
From Dec 2022 to Dec 2019, Varun Beverages' revenue grew at a compound annual rate of -17.5% and net profit at -32.7%. Past growth does not indicate future results.
What is the EPS of Varun Beverages?
Annual EPS for Dec 2019 was ₹1.44.
Are these figures consolidated or standalone?
They are consolidated figures as reported by the company, in ₹ crore. Trailing-twelve-month and half-year columns are labelled separately and are not counted as financial years.
Same Data For Peers
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