Hot Pursuit     26-Apr-22
Varun Beverages board to mull bonus issue
Varun Beverages on Monday announced that the company's board will meet on Thursday, 28 April to consider proposal of bonus issue of equity shares.
On the same day, the board will also consider financial results for quarter ended 31 March 2022.

Varun Beverages has been granted franchises for various PepsiCo products across 27 States and 7 Union Territories in India.

On a consolidated basis, the company reported a net profit of Rs 16.49 crore in Q4 CY2021 as against net loss of Rs 19.73 crore in Q4 CY2020. Net sales rose 30.31% to Rs 1,734.33 crore in Q4 CY2021 over Q4 CY2020, primarily on account of strong volume growth. Total sales volumes were up by 28.5% YoY at 112.0 million cases in Q4 CY2021.

Shares of Varun Beverages were trading 1.09% lower at Rs 1,085 on BSE. The scrip hit a 52-week high of Rs 1,140 in intraday trade today.

Previous News
  Varun Beverages Ltd leads losers in 'A' group
 ( Hot Pursuit - 30-Jul-24   15:00 )
  Board of Varun Beverages approves sub-division of shares
 ( Corporate News - 30-Jul-24   13:36 )
  Board of Varun Beverages approves exclusive agreement with PepsiCo
 ( Corporate News - 15-Jul-24   15:14 )
  Varun Beverages partners with PepsiCo
 ( Corporate News - 15-Jul-24   15:23 )
  Varun Beverages Q2 PAT climbs 26% YoY; board OKs stock split
 ( Hot Pursuit - 30-Jul-24   13:18 )
  Varun Beverages gains after signing exclusive agreement with PepsiCo for Zimbabwe, Zambia
 ( Hot Pursuit - 15-Jul-24   13:19 )
  Varun Beverages consolidated net profit rises 76.55% in the December 2023 quarter
 ( Results - Announcements 05-Feb-24   13:26 )
  Board of Varun Beverages appoints director
 ( Corporate News - 05-Feb-24   14:29 )
  Varun Beverages allots 40,500 equity shares under ESOP
 ( Corporate News - 07-Mar-24   18:26 )
  Varun Beverages Ltd gains for fifth session
 ( Hot Pursuit - 18-Aug-23   13:00 )
  Benchmarks trade with minor cuts; Nifty below 17,800
 ( Market Commentary - Mid-Session 13-Apr-23   10:34 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top