Varun Beverages Limited reported a strong set of Q4 results for the quarter ended December 31, 2025, with net profit rising 33% year-on-year to ₹260 crore. The PepsiCo bottler also announced a final dividend of ₹0.50 per equity share, reflecting confidence in its growth momentum.
Varun Beverages Q4 Results FY26: Key Financial Highlights
Varun Beverages posted robust growth across profitability, revenue, and volumes in the December quarter, driven by higher demand and improved operating efficiency.
Net Profit Rises 33% YoY
Q4 FY26 net profit: ₹260 crore
Q4 FY25 net profit: ₹195.6 crore
Growth: 33% year-on-year
The sharp rise in profit was primarily supported by volume expansion and steady execution across markets.
Revenue From Operations Grows 14%
Q4 revenue: ₹4,204 crore
Year-ago quarter: ₹3,688.79 crore
YoY growth: 14%
Higher sales volumes in India and international markets helped the company deliver double-digit revenue growth.
EBITDA and Margin Performance
EBITDA Up 10.2% in Q4
Q4 EBITDA: ₹639.26 crore
Last year: ₹580 crore
YoY growth: 10.2%
Despite cost pressures and weather-related challenges, Varun Beverages maintained healthy operating performance during the quarter.
Sales Volumes Show Broad-Based Growth
Consolidated Volumes Increase 10.2%
Q4 volumes: 23.71 crore cases
Previous year: 21.51 crore cases
Market-wise growth:
India volumes: Up 10.5%
International volumes: Up 10.0%
This balanced growth highlights strong demand across geographies.
Full-Year CY2025 Performance Snapshot
For the calendar year 2025, Varun Beverages delivered consistent growth across key metrics:
Profit after tax (PAT): ₹3,062 crore, up 16.2% YoY
Revenue growth: 8.4%
EBITDA growth: 7.2%
Volume growth: 7.9%
Commenting on the performance, Ravi Jaipuria, Chairman of Varun Beverages Limited, said the company achieved steady execution despite weather-related disruptions during peak summer months in India, underlining the resilience of its business model.
Dividend Announcement: ₹0.50 Per Share
Along with its Q4 earnings, Varun Beverages announced a final dividend of ₹0.50 per equity share (face value ₹2 each).
The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The announcement reinforces the company’s strong cash flows and shareholder-friendly approach.
What Lies Ahead for Varun Beverages
With expanding consumption, improving distribution reach, and strong execution across India and international markets, Varun Beverages remains well-positioned for sustained growth. While weather volatility remains a short-term risk, rising volumes and operational scale are likely to support profitability in the coming quarters.
Frequently Asked Questions (FAQs)
1. What is Varun Beverages’ net profit in Q4 FY26?
Varun Beverages reported a consolidated net profit of ₹260 crore in Q4 FY26, marking a 33% year-on-year increase.
2. How much revenue did Varun Beverages generate in Q4 FY26?
The company’s revenue from operations stood at ₹4,204 crore, up 14% compared to the same quarter last year.
3. What dividend has Varun Beverages announced?
Varun Beverages announced a final dividend of ₹0.50 per equity share, subject to shareholder approval.
4. How did sales volumes perform in Q4 2025?
Consolidated sales volumes grew by 10.2% to 23.71 crore cases, with strong growth in both India and international markets.
5. What drove Varun Beverages’ growth in FY2025?
Growth was driven by higher volumes, steady execution, and improved operational efficiency, despite weather-related challenges.