Varun Beverages Ltd is gearing up for an important board meeting on April 30, 2025, where they will review and approve their Q4 financial results for 2025. This information comes from an official filing by the company. The board will not only discuss the unaudited financial outcomes for the quarter ending March 31, 2025, but will also deliberate on the potential declaration of an interim dividend for shareholders in this fiscal year.
Impressive Financial Performance
In their latest report, Varun Beverages showcased a remarkable 36% increase in consolidated net profit, reaching ₹195.64 crore for the December quarter of 2024. This growth can be attributed to a surge in sales volume and improved profit margins. To put this into perspective, the company’s net profit during the same period in 2023 stood at ₹143.76 crore, highlighting significant year-over-year growth.
- Revenue from operations soared to ₹3,817.61 crore in Q4, compared to ₹2,730.98 crore in the previous fiscal year.
- EBITDA witnessed a substantial rise of 38.7%, climbing to ₹579.97 crore from ₹418.29 crore.
Stock Market Activity
In today’s trading session, Varun Beverages had an opening stock price of ₹554.45 on the BSE. The share price peaked at an intraday high of ₹557.50 and dipped to a low of ₹546. According to Rajesh Bhosale, an Equity Technical and Derivative Analyst at Angel One, the stock has been fluctuating within a range for the past six sessions. He noted that the 89-day Exponential Moving Average (DEMA) is acting as a support level at ₹540, while resistance is noted at ₹570. Bhosale suggests that a positive trend could continue, but further upward movement will likely depend on breaking through the ₹570 barrier.
Future Expectations
As Varun Beverages prepares for its upcoming board meeting, investors are keenly watching the developments regarding the interim dividend and the Q4 results. The company’s strong performance in the previous quarters sets a positive backdrop for what lies ahead.
For more insights into the company’s financial health and stock performance, stay tuned for updates following the board meeting.
