Varun Beverages Q2 profit rises 15% as revenue climbs 20%

PepsiCo bottler Varun Beverages reported Q2 CY2026 net profit of ₹1,525.36 crore and revenue of ₹8,451.23 crore, driven by volume growth in India and overseas. Twizza consolidation lifted international contribution but weighed on EBITDA margin.

— Filed Tue, 28 Jul, 2026, 12:38 IST · Source Mint · Markets · Updated

PepsiCo bottler Varun Beverages reported Q2 CY2026 profit growth of 15.1% and revenue growth of 20.4%, supported by volume gains across India and overseas markets. Twizza consolidation lifted international contribution but diluted EBITDA margin.

Why this matters

The earnings follow Varun Beverages' planned Q2 CY2026 results and interim dividend decision, a share-price decline below ₹500, and its Kenya arm's acquisition of Devyani's dairy, juice and water business.

Retail-company signals are accelerating by 389933% QoQ.

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