461.6000 3.20 (0.70%)
NSE Jun 27, 2025 15:31 PM
Volume: 7.5M
 

461.60
0.70%
KRChoksey
VBL (Varun Beverages Limited) reported mixed bag of results for Q1CY24, which missed our revenue and net profit estimates by 7% and 10%, respectively.
Net revenue, excluding excise duty, of INR 43,173 Mn (+11.3% YoY, +61.0% QoQ) missed our estimates due to delayed seasonality cycle, reflecting in lower-than-estimated volume growth of 7.1% YoY, partially offset by higher-than-expected realizations.
Varun Beverages Ltd. has an average target of 622.33 from 9 brokers.
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