Skip to content
    Drishti.money
    Earnings calls

    Varun Beverages concall ledger

    Every earnings call for VBL — management tone, guidance, KPIs and promise tracking, quarter by quarter.

    VBL · 6 transcripts · Fast Moving Consumer Goods · latest Q4 FY26
    Q3 FY26Published 03 Feb 2026Call held 03 Feb 2026

    VBL Q3 FY26 Earnings Call Transcript & Analysis

    Revenue2,16,854 million Rs+8% YoYEBITDA50,494 million Rs+7% YoYEBITDA Margin23.3 percentPAT30,620 million Rs+16% YoYGross Margin55.2 percent

    Revenue (CY2025) 216854 million Rs (+8% YoY); EBITDA (CY2025) 50494 million Rs (+7% YoY); EBITDA Margin (CY2025) 23.3 percent. CY2025 consolidated volumes grew 7.9% to 1,213.1 million cases; revenue up 8.4% to Rs 216,854 million.

    Read full transcript & analysis
    Q2 FY26Published 29 Oct 2025Call held 29 Oct 2025

    VBL Q2 FY26 Earnings Call Transcript & Analysis

    Revenue48,967 million Rs+2% YoYEBITDA11,474 million RsEBITDA Margin23.4 percentPAT7,452 million Rs+19% YoYGross Margin56.7 percent

    Revenue (Q3) 48967 million Rs (+2% YoY); EBITDA (Q3) 11474 million Rs; EBITDA Margin (Q3) 23.4 percent. Q3 consolidated volumes grew 2.4% to 273.8 million cases; India flat, international up 9%.

    Read full transcript & analysis
    Q1 FY26Published 29 Jul 2025Call held 29 Jul 2025

    VBL Q1 FY26 Earnings Call Transcript & Analysis

    Revenue70,173 million Rs−3% YoYEBITDA Margin28.5 percentPAT13,255 million Rs+5% YoY

    Revenue (Q2) 70173 million Rs (−2% YoY); EBITDA Margin (Q2) 28.5 percent; PAT (Q2) 13255 million Rs (+5% YoY). Q2 consolidated volumes declined 3% to 389.7 million cases; India down 7.1%, international up 15.1%.

    Read full transcript & analysis
    Q4 FY25Published 30 Apr 2025Call held 30 Apr 2025

    VBL Q4 FY25 Earnings Call Transcript & Analysis

    Revenue55,669 million Rs+29% YoYEBITDA12,640 million Rs+28% YoYPAT7,314 million Rs+34% YoYGross Margin54.6 percent

    Revenue (Q1) 55669 million Rs (+29% YoY); EBITDA (Q1) 12640 million Rs (+28% YoY); PAT (Q1) 7314 million Rs (+34% YoY). Consolidated volumes grew 30.1% to 312.4 million cases; organic India growth 15.5%, inorganic from South Africa and DRC.

    Read full transcript & analysis
    Q3 FY25Published 10 Feb 2025Call held 10 Feb 2025

    VBL Q3 FY25 Earnings Call Transcript & Analysis

    Revenue2,00,077 million Rs+25% YoYEBITDA47,110 million Rs+31% YoYEBITDA Margin23.5 percentPAT26,343 million Rs+25% YoYGross Margin55.5 percent

    Revenue (CY2024) 200077 million Rs (+25% YoY); EBITDA (CY2024) 47110 million Rs (+30% YoY); EBITDA Margin 23.5 percent. CY2024 consolidated volumes grew 23.2% to 1,124.4 million cases; India organic growth 11.4%.

    Read full transcript & analysis