Varun Beverages Ltd , PepsiCo’s leading franchise bottler, posted a consolidated net profit of ₹878.71 crore for March quarter up 20.1 per cent over a year ago period, aided by double-digit volume growth in India and international markets. The company, which follows the January-December period as financial year, recorded consolidated revenue from operations of ₹6,721.53 crore up 18.33 per cent.

Ravi Jaipuria, Chairman, Varun Beverages Limited, said, “We are pleased to report a strong performance in the first quarter of CY2026, supported by healthy demand, disciplined execution, and continued progress across our markets. Consolidated sales volumes grew by 16.3 per cent in Q1 driven by volume growth of 14.4 per cent in India and 21.4 per cent in international territories.”

“ In India, demand remained encouraging during the quarter, supported by our wide distribution reach, strengthened execution, and continued investments in manufacturing capacity and chilling infrastructure. We undertook targeted initiatives to drive volumes and strengthen our domestic portfolio, including pack upsizing, selective price-point launches in identified markets and new launches in the energy and juice based drink segments,” he added.

On the investor call, Jaipuria said that with the rise in temperatures, sales trends are “looking good” and if the weather trends remain the same, the company expects to see strong growth during the summer season. “ We have sufficient capacities to meet the demand and garner strong growth. We look at widening our distribution every year. We are hoping to add close to half a million outlets this year too, with a base of about 4 million outlets,” he added.

The company’s board has approved an interim dividend of 25 per cent per share resulting in a total cash outflow of approximately ₹1,691 million, it added.

Published on April 27, 2026