Varun Beverages Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was INR 38,705.15 million compared to INR 31,766.2 million a year ago. Revenue was INR 39,562.62 million compared to INR 32,589.24 million a year ago. Net income was INR 5,010.67 million compared to INR 3,810.37 million a year ago. Basic earnings per share from continuing operations was INR 3.86 compared to INR 2.93 a year ago. Diluted earnings per share from continuing operations was INR 3.85 compared to INR 2.93 a year ago.
For the nine months, sales was INR 133,748.92 million compared to INR 109,589.07 million a year ago. Revenue was INR 136,603.24 million compared to INR 111,629.61 million a year ago. Net income was INR 19,239.5 million compared to INR 14,226.82 million a year ago. Basic earnings per share from continuing operations was INR 14.81 compared to INR 10.95 a year ago. Diluted earnings per share from continuing operations was INR 14.8 compared to INR 10.95 a year ago.