Varun Beverages Limited (VBL), a key player in beverage industry and one of the largest franchisee of PepsiCo worldwide, said on Monday that its profit after tax moved up by 83.7 per cent at Rs 81.12 crore for the July to September quarter on the back of robust volume growth.
The company reported a strong quarter driven by distribution expansion-led volume growth, on-track integration and ramp-up of new geographies and a benign RM environment.
View: Potential share gains and margin expansion in the acquired markets coupled with expansion of product portfolio will be key monitorables.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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