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Varun Beverages Q4 profit rises nearly three fold YoY

Varun Beverages net profit rose nearly three-fold YoY to Rs.19.7 crore, for the March quarter.

Profit after tax for the same period year ago stood at Rs.6.9 crore. Revenue from operations for the quarter increased 24.5% to Rs.1,094.8 crore, compared to Rs.879.2 crore in corresponding period of last fiscal.

Further, operating profit or EBITDA increased 25.8% YoY to Rs.172.7 crore and margin expanded 20 basis points to 15.8% for the quarter ended March 2018.

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