Varun Beverages Ltd consolidated Q1CY23 net profit surges to Rs. 429.07 crores

Varun Beverages Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q1 CY2023) - QoQ Comparison

The company has reported total income of Rs. 3962.727 crores during the period ended March 31, 2023 as compared to Rs. 2266.446 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 429.072 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 74.751 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 6.60 for the period ended March 31, 2023 as compared to Rs. 1.15 for the period ended December 31, 2022.

Financials	Q1 CY2023	Q4 CY2022	% Change
Total Income	₹3962.727 crs	₹2266.446 crs	74.84%
Net Profit	₹429.072 crs	₹74.751 crs	474.00%
EPS	₹6.60	₹1.15	473.91%

Financial Results (Q1 CY2023) - YoY Comparison

The company has reported total income of Rs.3962.727 crores during the period ended March 31, 2023 as compared to Rs.2875.985 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.429.072 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.254.207 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.6.60 for the period ended March 31, 2023 as compared to Rs.3.91 for the period ended March 31, 2022.

Financials	Q1 CY2023	Q1 CY2022	% Change
Total Income	₹3962.727 crs	₹2875.985 crs	37.79%
Net Profit	₹429.072 crs	₹254.207 crs	68.79%
EPS	₹6.60	₹3.91	68.80%

Shares of Varun Beverages Limited was last trading in BSE at Rs. 1443.80 as compared to the previous close of Rs. 1463.70. The total number of shares traded during the day was 52507 in over 5791 trades.

The stock hit an intraday high of Rs. 1468.00 and intraday low of 1431.00. The net turnover during the day was Rs. 76343086.00.

Source : Equity Bulls

Keywords

VarunBeverages Q1CY23 ResultUpdate