Varun Beverages Q2CY26 Results: Net Profit Rises 15% To Rs 1,521 Crore; Shares Fall Over 7%

Varun Beverages today announced its second quarter results of calendar year 2026 where the company reported a surge in its earnings in the April to June quarter.

Post the announcement of results, shares of Varun Beverages Limited fell sharply. At around 3:15 PM, the stock was trading at Rs. 429.50 down by 7.53%.

Varun Beverages

Varun Beverages Q2CY26 Results

As per the exchange filing, the company's revenue from operations surged 21% YoY to Rs. 8,650.57 crore in the June quarter results,

The consolidated net profits came in at 1,520.79 crore in the second quarter of the calendar year 2026, up by 15.4% from the Rs. 1,317.02 crore in the same quarter last year.

The company's EBITDA jumped 17% to Rs 2,344 crore during the quarter from Rs 1,999 crore a year ago. The EBITDA margin declined by 76 basis points to 27.7% in the June quarter of 2026, from 28.46% a year ago.

Varun Beverages dividend announcement

Alongside the Q2CY26 results announcement, Varun Beverages' board of directors today approved a second interim dividend of Rs. 0.50 per equity share with a face value of Rs. 2 per share. So investors who buy the stock before the record date will be eligible for the dividend payment.

The company has fixed Saturday, August 1st as the record date of the dividend and the payment date has been fixed to be August 4th.

Varun Beverages News

In other news, the company also announced that it has entered into a revised Exclusive bottling appointment and trademark license agreement along with PepsiCo for India on May 21st 2026.

The company, in the filing, also informed that its India business recorded volume growth of 14.4% during the quarter.

In the international segment, the company said that international volumes included 11.8 million cases during the quarter after the acquisition of Twizza in South Africa.

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