Varun Beverages announced Q3CY20 Finance results report Net profit Jump to 78% to Rs 161.5 crores
Tuesday on bottling manufacturing owning company on Varun Beverage announce the Q3CY20 Finance results report Net profit Jump 78% to 161.5 crores as against last year same quarter profit 81.1 crores and in the company total revenue grew 3.5% to 1,839.5 crores from last year same quarter Rs.1,777 crores.
Earning Before Interest Taxes Depreciation Amortization (EBITDA) jump 16.9% to Rs.381 crores as against previous year same quarter Rs.325.6 crores.
Net Margin grew on 240 bps to 20.7% as against last year the same quarter 18.3%.
Varun Beverages Finance Results quarter-on-quarter comparison
The company had reported a net profit of 161.5 crores during the period ended September 30, 2020, as against Rs.140.77 crores during the period ended June 30, 2020.
Varun Beverage total Revenue Rs.1,839.5 crores during the period September 30, 2020, as against previous quarter revenue Rs.1,668.35 crores.
Varun Beverage market current share price Rs.670.65.
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