Varun Beverages rallies 42% off March low as Q1 profit jumps 20% and PepsiCo extends license to 2049

Varun Beverages has rebounded 42% from its March low on the back of a 20.1% YoY jump in Q1 net profit to Rs 878.7 cr and 18.1% revenue growth to Rs 6,574.2 cr. PepsiCo's bottling license extension to 2049, the South Africa Beverage Company buyout, and 0.5 mn outlet additions have prompted YES and Emkay to raise targets to Rs 615-620.

Varun Beverages rallies 42% off March low as Q1 net profit rises 20.1% to Rs 878.7 cr and PepsiCo extends bottling license to 2049.

Business Today · Latest · 5/24/2026, 10:09:05 AM · Ask about this →

Varun Beverages + Emkay Global + PepsiCo + The Beverage Company + YES Securities +