Varun Beverages Limited (VBL) announced its unaudited consolidated and standalone financial results for the quarter ended March 31, 2026, during its board meeting held on April 27, 2026. The company reported a consolidated revenue from operations of ₹67,215.37 million for Q1 2026, reflecting an 18.34% increase from ₹56,800.26 million in the corresponding quarter of the previous year (YoY) and a significant 55.06% jump from ₹43,347.95 million in the preceding quarter (QoQ). Consolidated net profit after tax surged to ₹8,787.13 million, marking a 20.15% YoY growth compared to ₹7,313.58 million and a 237.96% QoQ increase from ₹2,600.04 million. Along with these results, the board approved an interim dividend of ₹0.50 per equity share for the financial year 2026.

Varun Beverages Limited is one of the largest franchisees of PepsiCo in the world outside of the United States. The company produces and distributes a wide range of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including popular brands like Pepsi, Mountain Dew, Seven-Up, Mirinda, Sting, Gatorade, and Aquafina. Established in 1995 as part of the RJ Corp group, VBL operates across India, Nepal, Sri Lanka, Morocco, Zambia, Zimbabwe, and South Africa. The company is led by Chairman Ravi Jaipuria, a prominent business leader and promoter. In 2025, VBL continued its aggressive expansion strategy by acquiring a 100% stake in the South African soft drinks company Twizza and a 50% stake in Everest Industrial Lanka to strengthen its supply chain and regional presence.