VBL Q1 FY27 results at a glance
VARUN BEVERAGES LIMITED Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹8,451 cr |
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| Revenue YoY | +20.4% |
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| Operating profit | ₹1,934 cr |
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| Operating margin | 22.9% |
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| Net profit | ₹1,521 cr |
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| Net profit YoY | +15.5% |
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| Net profit QoQ | +74.3% |
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| Net margin | 18.0% |
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| Basic EPS | ₹4.50 |
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| TTM revenue | ₹26,247 cr |
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| TTM net profit | ₹3,962 cr |
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| TTM net margin | 15.1% |
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VBL Q1 FY27 results: what the numbers say
VARUN BEVERAGES LIMITED (VBL) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹8,451 cr and a net profit of ₹1,521 cr, translating into earnings per share of ₹4.50.
Compared with the same quarter a year earlier, revenue grew strongly by +20.4% and net profit grew by +15.5%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹1,934 cr, an operating margin of 22.9% versus 24.1% a year ago — a contraction of 1.2 percentage points.
VBL quarter-wise results table
Revenue
₹8,451 cr
+20.4% YoY
Net profit
₹1,521 cr
+15.5% YoY
Operating profit
₹1,934 cr
+14.3% YoY
VARUN BEVERAGES LIMITED (VBL) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹8,451 cr | ₹1,934 cr | ₹1,521 cr | 22.9% | 18.0% | ₹4.50 | +15.5% | +74.3% |
| Q4 FY262026-03-31 | ₹6,574 cr | ₹1,172 cr | ₹872 cr | 17.8% | 13.3% | ₹2.58 | +20.1% | +246.5% |
| Q3 FY262025-12-31 | ₹4,204 cr | ₹309 cr | ₹252 cr | 7.4% | 6.0% | ₹0.74 | — | -80.9% |
| Q1 FY262025-06-30 | ₹7,017 cr | ₹1,693 cr | ₹1,317 cr | 24.1% | 18.8% | ₹3.89 | — | +81.3% |
| Q4 FY252025-03-31 | ₹5,567 cr | ₹991 cr | ₹726 cr | 17.8% | 13.1% | ₹2.15 | — | — |
| TTM (last 4 quarters) | ₹26,247 cr | ₹5,108 cr | ₹3,962 cr | 19.5% | 15.1% | ₹11.71 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
VBL quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
VARUN BEVERAGES LIMITED quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
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| Revenue / Sales | ₹8,451 cr | ₹6,574 cr | ₹4,204 cr | ₹7,017 cr | ₹5,567 cr |
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| Total expenses | ₹6,517 cr | ₹5,402 cr | ₹3,895 cr | ₹5,325 cr | ₹4,575 cr |
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| Gross profit | ₹4,645 cr | ₹3,629 cr | ₹2,328 cr | ₹3,826 cr | ₹3,038 cr |
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| Operating profit (EBIT) | ₹1,934 cr | ₹1,172 cr | ₹309 cr | ₹1,693 cr | ₹991 cr |
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| Operating margin | 22.9% | 17.8% | 7.4% | 24.1% | 17.8% |
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| Interest cost | ₹56.92 cr | ₹48.53 cr | ₹46.63 cr | ₹36.55 cr | ₹41.12 cr |
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| Profit before tax | ₹1,977 cr | ₹1,163 cr | ₹359 cr | ₹1,732 cr | ₹978 cr |
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| Tax expense | ₹452 cr | ₹284 cr | ₹98.88 cr | ₹407 cr | ₹246 cr |
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| Effective tax rate | 22.9% | 24.5% | 27.6% | 23.5% | 25.2% |
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| Net profit (PAT) | ₹1,521 cr | ₹872 cr | ₹252 cr | ₹1,317 cr | ₹726 cr |
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| Net profit margin | 18.0% | 13.3% | 6.0% | 18.8% | 13.1% |
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| Basic EPS | ₹4.50 | ₹2.58 | ₹0.74 | ₹3.89 | ₹2.15 |
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| Diluted EPS | ₹4.50 | ₹2.58 | ₹0.74 | ₹3.89 | ₹2.15 |
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VBL results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
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| Revenue YoY | +20.4% | +18.1% | — | — | — |
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| Revenue QoQ | +28.6% | +56.4% | -40.1% | +26.1% | — |
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| Operating profit YoY | +14.3% | +18.2% | — | — | — |
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| Operating profit QoQ | +65.0% | +279.3% | -81.7% | +70.7% | — |
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| Net profit YoY | +15.5% | +20.1% | — | — | — |
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| Net profit QoQ | +74.3% | +246.5% | -80.9% | +81.3% | — |
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| EPS YoY | +15.7% | +20.0% | — | — | — |
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| EPS QoQ | +74.4% | +248.6% | -81.0% | +80.9% | — |
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VBL annual results history
Full-year performance for VARUN BEVERAGES LIMITED, useful for reading each quarter in context.
VARUN BEVERAGES LIMITED annual income statement| Particulars | FY262025-12-31 | FY252024-12-31 | FY242023-12-31 | FY232022-12-31 |
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| Revenue / Sales | ₹20,835 cr | ₹19,445 cr | ₹15,622 cr | ₹12,921 cr |
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| Total expenses | ₹16,974 cr | ₹15,442 cr | ₹12,495 cr | ₹10,612 cr |
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| Gross profit | ₹10,939 cr | ₹10,371 cr | ₹8,071 cr | ₹6,525 cr |
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| Operating profit (EBIT) | ₹3,860 cr | ₹4,003 cr | ₹3,126 cr | ₹2,309 cr |
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| Operating margin | 18.5% | 20.6% | 20.0% | 17.9% |
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| Interest cost | ₹168 cr | ₹449 cr | ₹267 cr | ₹184 cr |
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| Profit before tax | ₹4,010 cr | ₹3,433 cr | ₹2,739 cr | ₹2,024 cr |
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| Tax expense | ₹948 cr | ₹799 cr | ₹638 cr | ₹474 cr |
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| Effective tax rate | 23.6% | 23.3% | 23.3% | 23.4% |
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| Net profit (PAT) | ₹3,036 cr | ₹2,595 cr | ₹2,056 cr | ₹1,497 cr |
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| Net profit margin | 14.6% | 13.3% | 13.2% | 11.6% |
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| Basic EPS | ₹8.98 | ₹7.95 | ₹6.33 | ₹4.61 |
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| Diluted EPS | ₹8.98 | ₹7.94 | ₹6.33 | ₹4.61 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹8,451 cr against ₹7,017 cr in Q1 FY26, and ₹6,574 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +28.6%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹6,517 cr, or 77.1% of revenue, with operating profit grew +14.3% year on year.
Margins, tax and profitability
Net profit of ₹1,521 cr works out to a net margin of 18.0% compared with 18.8% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, VARUN BEVERAGES LIMITED reported profit before tax of ₹1,977 cr, a tax charge of ₹452 cr (effective rate 22.9%), interest cost of ₹56.92 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹872 cr in Q4 FY26 to ₹1,521 cr in Q1 FY27, a change of +74.3%.
Trailing twelve months and annual context
Across the trailing four quarters VARUN BEVERAGES LIMITED has generated revenue of ₹26,247 cr and net profit of ₹3,962 cr, a trailing net margin of 15.1%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹20,835 cr with net profit of ₹3,036 cr and EPS of ₹8.98, versus the prior year where revenue grew +7.1% and profit grew +17.0%.
What to watch in the next VBL quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
VARUN BEVERAGES LIMITED has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
VBL results coverage
No results report published for VBL yet — our desk covers each quarter within minutes of the filing.
More on VBL
VBL quarterly results FAQs
What were VARUN BEVERAGES LIMITED (VBL) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), VARUN BEVERAGES LIMITED reported revenue of ₹8,451 cr and net profit of ₹1,521 cr, a change of +15.5% year on year on +20.4% revenue growth. EPS stood at ₹4.50.
What is VBL profit margin in Q1 FY27?
VARUN BEVERAGES LIMITED posted a net profit margin of 18.0% and an operating margin of 22.9% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹26,247 cr and net profit ₹3,962 cr.
Did VBL results beat the previous quarter?
VARUN BEVERAGES LIMITED net profit changed +74.3% quarter on quarter, from ₹872 cr in Q4 FY26 to ₹1,521 cr in Q1 FY27.
When are VARUN BEVERAGES LIMITED (VBL) quarterly results?
VARUN BEVERAGES LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see VBL latest quarterly results?
Results coverage for VBL will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the VBL stock page.
What is VARUN BEVERAGES LIMITED annual revenue and profit?
For FY26, VARUN BEVERAGES LIMITED reported full-year revenue of ₹20,835 cr and net profit of ₹3,036 cr, with EPS of ₹8.98.
How many quarterly results has VBL declared recently?
Past results dates for VBL will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 10 Sept 2026. For information only, not investment advice.
