Varun Beverages’ overseas volumes jump 38.4%, outpacing India in Q2 CY2026
Varun Beverages reported 19.8% consolidated volume growth to 466.7 million cases, led by a 38.4% rise in international volumes. India volumes grew 14.4%, while revenue rose 20.4%. The PepsiCo bottling pact has been extended to 2049.
Varun Beverages reported Q2 CY2026 volume growth led by overseas markets and Twizza. India volumes rose 14.4%, while the company extended its PepsiCo bottling pact to 2049, agreed to acquire Devyani Food Industries Kenya and secured CALPIS franchise rights for India.
Why this matters
The overseas acceleration follows recent signals on Varun Beverages’ rising international volumes and 15.5% profit growth as India and overseas demand strengthened.
Retail-company signals are accelerating, up +391900% QoQ.