Varun Beverages Q4 FY26 results (Jan–Mar 2026) and concall

Fast Moving Consumer Goods · Concall AI · Call held 27 Apr 2026

Company page: Varun Beverages share price, financials & guidance record

Varun Beverages delivered a strong Q1 CY2026, marked by double-digit revenue, volume, EBITDA, and PAT growth. The company benefited from healthy demand, disciplined execution, and strategic international expansion with the acquisition of Twizza and agreement for Crickley Dairy in South Africa. Operational efficiencies and raw material stocking helped mitigate inflationary pressures, contributing to margin expansion.

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What they filed

Q4 FY26: revenue up 18.1%, net profit up 20.2% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	4,805	3,689	5,567	7,017	4,897 +2%	4,204 +14%	6,574 +18%
Expenses	3,654	3,110	4,304	5,020	3,751	3,568	5,049
EBITDA	1,151	579	1,263	1,998	1,146 −0%	637 +10%	1,525 +21%
Margin	24%	16%	23%	28%	23%	15%	23%
Other income	24	45	28	77	148	99	44
Interest	119	109	41	37	45	47	49
Depreciation	257	261	273	306	308	330	357
Profit before tax	800	254	978	1,732	941 +18%	359 +41%	1,163 +19%
Tax rate	21%	23%	25%	23%	21%	28%	24%
Net profit	629	196	731	1,325	745 +18%	260 +33%	879 +20%
EPS	1.91	0.55	2.15	3.89	2.19	0.74	2.58

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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