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VBL Consumer 14 Aug 2024

Varun Beverages Ltd — Q2 FY24

Varun Beverages delivered a strong Q2 CY2024 with consolidated revenue of ₹7,197 crore (+28.3% YoY) and EBITDA of ₹1,991 crore (+31.8% YoY), driven by 22.9% volume growth in Ind...

bullish high
Compare with...
Revenue ₹3,871 Cr +28.3%
EBITDA ₹1,991 Cr +31.8%
PAT ₹514 Cr +25.5%
EBITDA Margin 23% +74bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q1 FY24

DRC plant to start commercial production next quarter

The greenfield plant in DRC is expected to start commercial production in the next quarter (Q2 CY24).

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q1 FY24

Debt amortization in a couple of months

Management expects to amortize the majority of incremental debt taken for BevCo acquisition and CapEx in the next couple of months.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1