Varun Beverages profit and loss

Latest FY26

Revenue: ₹22,226cr+8.5% on FY25
EBITDA: ₹5,049cr+7.2% on FY25
Net profit: ₹3,062cr+16.2% on FY25
EPS: ₹8.98+13.0% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Dec 2025	FY25Dec 2024	FY24Dec 2023	FY23Dec 2022	FY22 and earlierAlpha Plus

Expenses
	26,522	22,226	20,481	16,321	13,391	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	367	352	121	79.4	38.8
	26,889	22,578	20,603	16,400	13,429
	11,637	9,337	8,294	7,026	6,417
	459	369	686	463	189
	−369	8.9	−74.9	−84.3	−345
	2,491	2,201	1,885	1,447	1,217
	224	170	450	268	186
	1,516	1,216	947	681	617
	6,366	5,260	4,981	3,860	3,125
	22,324	18,562	17,168	13,661	11,406
	5,938	5,049	4,711	3,609	2,788
	4,422	3,833	3,764	2,929	2,171
Profit
	4,565	4,016	3,435	2,740	2,024
	4,565	4,016	3,435	2,740	2,024
	1,017	841	751	631	426
	40.4	107	48.1	6.4	47.7
	1,057	948	799	638	474
	−13.1	−6.0	−1.5	−0.5	−0.0
	3,495	3,062	2,634	2,102	1,550
	3,508	3,068	2,636	2,102	1,550
	404	434	57.7	−8.0	−372
	3,898	3,496	2,692	2,094	1,178
	3,473	3,036	2,595	2,056	1,497
	21.7	25.6	39.7	45.9	52.7
Per share
	₹10.27	₹8.98	₹7.95	₹15.83	₹23.05
	₹10.27	₹8.98	₹7.94	₹15.82	₹23.05
Other comprehensive income — detail
	404	434	—	—	—
	38.1	26.6	28.9	−2.8	10.8
	9.6	6.7	—	—	—
	—	—	6.8	−0.7	2.7
	—	—	35.6	−5.9	−380
	−280	−414	—	—	—
	3,864	3,464	2,650	2,050	1,182
	34.1	31.9	41.5	43.5	−3.7
Per share — as-filed variants
	₹10.27	₹8.98	₹7.95	₹15.83	₹23.05
	₹10.27	₹8.98	₹7.94	₹15.82	₹23.05
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	14,795	12,510	11,577	8,916	7,129
	55.8%	56.3%	56.5%	54.6%	53.2%
Adjusted (ex-exceptional items) — derived
	4,565	4,016	3,435	2,740	2,024
	3,495	3,062	2,634	2,102	1,550
	₹10.27	₹8.98	₹7.95	₹15.83	₹23.05

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

VBL₹414.80

Varun Beverages Ltd.

· FMCG & Retail

Annual Quarterly₹ CrorePeersUNITDSPR GODREJCP BRITANNIA TATACONSUM NESTLEIND ITC HINDUNILVR MARICOMcap ₹1.40L Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/12/2022	FY24 31/12/2023	FY25 31/12/2024	FY26 31/12/2025	Last 12M 30/09/2026
Revenue from Operations	13,390.6	16,321.1	20,481.3	22,225.6	26,522.5
Other Income	38.8	79.4	121.3	352.3	366.9
Total Income	13,429.4	16,400.4	20,602.6	22,577.9	26,889.4
Expenses
+ Cost of Materials Consumed	6,417.1	7,026.5	8,293.7	9,337.1	11,637.4
+ Purchases of Stock-in-Trade	188.6	462.7	685.9	369.5	458.7
+ Changes in Inventories	-344.5	-84.3	-74.9	8.9	-368.7
+ Employee Benefit Expense	1,216.6	1,446.6	1,885.0	2,200.7	2,491.3
+ Finance Costs	186.1	268.1	450.4	169.6	223.8
+ Depreciation & Amortisation	617.2	680.9	947.4	1,216.5	1,516.0
+ Other Expenses	3,124.7	3,860.1	4,980.5	5,260.0	6,365.8
Total Expenses	11,405.8	13,660.6	17,168.0	18,562.3	22,324.4
EBITDA	2,788.1	3,609.5	4,711.1	5,049.4	5,937.9
EBIT	2,170.9	2,928.6	3,763.7	3,832.9	4,421.9
Profit
PBT before Exceptional Items	2,023.6	2,739.8	3,434.6	4,015.7	4,565.0
Pretax Income	2,023.6	2,739.8	3,434.6	4,015.7	4,565.0
+ Current Tax	425.9	631.1	750.7	840.6	1,016.8
+ Deferred Tax	47.7	6.4	48.1	107.0	40.4
Tax Expense	473.5	637.5	798.8	947.6	1,057.2
+ Share of Associates & JVs	-0.0	-0.5	-1.5	-6.0	-13.1
Net Income	1,550.1	2,101.8	2,634.3	3,062.0	3,494.7
+ Net Income — Continuing Ops	1,550.1	2,102.3	2,635.8	3,068.1	3,507.8
+ Other Comprehensive Income	-371.8	-8.0	57.7	434.0	403.6
Total Comprehensive Income	1,178.3	2,093.8	2,692.0	3,496.0	3,898.3
Net Income to Common	1,497.4	2,055.9	2,594.6	3,036.5	3,472.9
Minority Interest	52.7	45.9	39.7	25.6	21.7
Per Share
Basic EPS	23.05	15.83	7.95	8.98	10.27
Diluted EPS	23.05	15.82	7.94	8.98	10.27
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	434.0	403.6
+ Items NOT to be Reclassified to P&L	10.8	-2.8	28.9	26.6	38.1
+ Tax on Items NOT to be Reclassified	—	—	—	6.7	9.6
+ Tax on Items NOT to be Reclassified — alt tag	2.7	-0.7	6.8	—	—
+ Items to be Reclassified to P&L	-379.9	-5.9	35.6	—	—
+ Tax on Items to be Reclassified	—	—	—	-414.1	-280.0
Comprehensive Income — Owners of Parent	1,182.0	2,050.3	2,650.5	3,464.1	3,864.2
Comprehensive Income — Non-controlling Interests	-3.7	43.5	41.5	31.9	34.1
Per Share — as-filed variants
Basic EPS — Continuing Operations	23.05	15.83	7.95	8.98	10.27
Diluted EPS — Continuing Operations	23.05	15.82	7.94	8.98	10.27
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	7,129.4	8,916.2	11,576.6	12,510.2	14,795.1
Gross Margin %	53.24	54.63	56.52	56.29	55.78
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	2,023.6	2,739.8	3,434.6	4,015.7	4,565.0
Net Income Adj (tax-effected)	1,550.1	2,101.8	2,634.3	3,062.0	3,494.7
EPS Adj	23.05	15.83	7.95	8.98	10.27
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	5.00	2.00	2.00	2.00
Paid Up Equity Capital	649.6	649.6	676.3	676.4	676.5

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.