Varun Beverages shares surge over 5% post Q1 results. Should you buy, sell or hold?

Varun Beverages' (VBL) shares surged 5.5% on BSE, hitting Rs 1,558.45, following a 25% YoY increase in March quarter PAT to Rs 548 crore. Q1 revenue reached Rs 4,398 crore.
14-05-2024

Varun Beverages Earns Brokerages' Nod with Strong Earnings, Optimistic Outlook

The company's earnings in first quarter of calendar year 2024 were 13% ahead of Morgan Stanley's estimate and 11% above consensus with better margins.
14-05-2024
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Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, link of audio recording of Investors & Analysts Conference Call held on May 13, 2024 (post declaration of Unaudited Financial Results of the Company for the Quarter ended March 31, 2024) is as follows: Link: https://varunbeverages.com/wp-content/uploads/2024/05/VBL-Q1-CY2024.mp3
13-05-2024
Bigul

Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

The Share Allotment Committee of the Board of Directors at their meeting held today approved the allotment of 23,000 Equity Shares of face value of Rs. 5 each upon exercise of stock options vested under the Employees Stock Options Scheme 2016.
13-05-2024

Varun Beverages Results Earnings Call for Q1CY24

Conference Call with Varun Beverages Management and Analysts on Q1CY24 Performance and Outlook. Listen to the full earnings transcript.
13-05-2024
Bigul

Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Acquisition

The Board of Directors at their meeting held today inter-alia approved to incorporate a wholly-owned subsidiary company in Zimbabwe.
13-05-2024
Bigul

Varun Beverages Ltd - 540180 - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)

The Board of Directors at their meeting held today inter-alia approved the appointment of Mr. Rajesh Chawla as CFO & KMP of the Company w.e.f. May 14, 2024 in place of Mr. Lalit Malik who has resigned as CFO & KMP of the Company w.e.f. May 13, 2024.
13-05-2024

Varun Beverages Q1 Results: Profit Up 25%, Meets Estimates

The company's net profit rose 25% year-on-year to Rs 548 crore in the January-March period of CY24, according to its exchange filing on Monday.
13-05-2024
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