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VBL Consumer 14 Aug 2025

Varun Beverages Ltd — Q2 FY25

Varun Beverages reported a resilient Q2 CY2025 despite an early monsoon in India, with consolidated revenue down 2.5% YoY to INR 7,017 crore and EBITDA margin expanding 82 bps t...

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Revenue ₹4,805 Cr -2.5%
EBITDA ₹1,999 Cr
PAT ₹629 Cr +5%
EBITDA Margin 24% +82bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score100%
Due this quarter1
Delivered1
Missed0

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 FY25

Capex guidance of INR 3,100 crore for CY2025

Total capex for the year is guided at INR 3,100 crore, with INR 900 crore yet to be spent.

Delivered

Current-quarter results and commentary indicate the prior promise was delivered or materially on track.

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