Varun Beverages revenue falls 2.5% despite international growth

Varun Beverages reported a 2.5% revenue decline to INR 70,173 million in Q2 CY2025, with consolidated sales volume down 3% to 389.7 million cases. India's volumes decreased 7.1% due to heavy rainfall, while international markets grew 15.1%, led by South Africa's 16.1% increase.

EBITDA rose to INR 19,987.7 million with margins improving 82 basis points to 28.5%. Net profit grew 5% to INR 13,254.9 million. The company declared a second interim dividend of INR 0.50 per share.