Varun Beverages earnings: Apr 2026 date, Q3FY26 trends

Varun Beverages Ltd (NSE: VBL) has lined up a key results event for investors, with a board meeting scheduled to consider the unaudited financial results for the quarter ended March 31, 2026. The company has also been in focus for dividend-related disclosures, including a ₹0.50 dividend declared in April 2026.

Alongside the event calendar, the latest available quarterly snapshot shows a sharp quarter-on-quarter drop in profitability metrics, even as year-on-year growth stayed positive for revenue, profit after tax, and EPS in the reported period. The company’s recent trading range has also been active, with the stock moving within a roughly ₹423 to ₹499 band over the last ten sessions listed.

Upcoming results date: Board meeting on April 27, 2026

Varun Beverages informed the exchange that a meeting of its Board of Directors is scheduled on April 27, 2026. The intimation said the meeting will, among other items, consider the unaudited financial results for the quarter ended March 31, 2026 and declare an interim dividend for the financial year 2026.

The disclosure was carried by BSE on April 21, 2026 at 04:02 pm. Separately, exchange filings also showed dividend-related updates and record date intimations for the financial year ended December 31, 2025, with two BSE items timestamped April 1, 2026 (06:58 pm and 06:50 pm).

Dividend update: ₹0.50 declared in April 2026

In the current financial year, Varun Beverages has declared a dividend of ₹0.50, with the date mentioned as April 8, 2026. This figure also appears in the company’s broader dividend updates carried in the provided disclosures.

The company’s audited FY25 board outcome (for the year ended December 31, 2025) also referenced a final dividend recommendation of ₹0.50 per equity share (face value ₹2), subject to shareholder approval, as part of the resolutions taken at the Board meeting held on February 3, 2026.

Latest quarterly snapshot shown: revenue and profit contraction QoQ

The latest quarterly key highlights provided for Varun Beverages point to a quarter-on-quarter decline across revenue, EBITDA, and net profit for the quarter presented as Mar ’25, compared with Dec ’25. Revenue for Mar ’25 was listed at ₹4,303 crore versus ₹5,044 crore in Dec ’25, a decline of 14.69%.

EBITDA for the same period was listed at ₹735.78 crore versus ₹1,293 crore, a decline of 43.13%. Net profit was listed at ₹260 crore versus ₹745.19 crore, a decline of 65.11%. The “Net Profit - Last Quarter” snapshot was also shown as ₹260 crore (last updated April 24, 2026).

Q3 FY 2025-26 financials: QoQ down, YoY up

A separate financial statement set for Q3 FY 2025-26 provided more detailed line items (figures in ₹ crore). Total income was reported at ₹4,303.53 crore, compared with ₹5,044.68 crore in the previous quarter, and ₹3,733.43 crore in the year-ago period. That corresponds to -14.7% QoQ and +15.3% YoY.

Total expenses were reported at ₹3,942.06 crore, compared with ₹4,102.08 crore in the previous quarter and ₹3,478.60 crore in the year-ago period. Profit before tax was reported at ₹361.47 crore, tax at ₹98.88 crore, and profit after tax at ₹260.01 crore. Earnings per share (EPS) was reported at ₹0.74 for the quarter.

The same summary stated net profit decreased 65.1% QoQ but increased 32.9% YoY. EPS was shown as down 66.2% QoQ (from ₹2.19) and up 32.1% YoY (from ₹0.56).

FY25 audited numbers (year ended December 31, 2025)

For the full year ended December 31, 2025 (FY25), Varun Beverages reported revenue from operations of ₹22,225.58 crore, compared with ₹20,481.33 crore in FY24. Net profit after tax for the full year was reported at ₹3,062.04 crore, up from ₹2,634.29 crore in the previous year.

The audited results were approved by the Board at a meeting held on February 3, 2026, which started at 11:00 AM and concluded at 11:55 AM. The same board outcome also noted that the 31st Annual General Meeting was scheduled for April 1, 2026 and would be conducted through video conferencing.

Q4 and CY2025 quarter reference: revenue and profit YoY rise

For the quarter ended December 31, 2025, consolidated revenue from operations was reported at ₹4,334.80 crore compared with ₹3,817.62 crore in Q4 FY24, a change of +13.55%. Quarterly net profit after tax was reported at ₹260.00 crore versus ₹195.64 crore in the corresponding quarter of the previous year, a change of +32.91%. Basic EPS was listed at ₹0.74 versus ₹0.56, up +32.14%.

These figures align with the broader Q3 FY 2025-26 dataset that lists profit after tax at ₹260.01 crore and EPS at ₹0.74 for the referenced quarter.

Market data: last ten listed trading sessions

The last ten days market price table provided shows Varun Beverages closing prices ranging from ₹423.40 to ₹494.95 over the dates listed, with the most recent close shown at ₹484.95 on April 23, 2026.

Key numbers at a glance

The table below consolidates the most-cited figures and dates from the disclosures and quarterly statement excerpts (all monetary values in ₹ crore unless stated otherwise).

What investors typically track into results

With the March 31, 2026 quarter results slated for board consideration on April 27, investors will likely focus on the same core line items highlighted in the company’s quarterly datasets: revenue (or total income), expenses, profit after tax, and EPS. The recent quarter-on-quarter compression in profit and EBITDA shown in the provided highlights makes operating performance and cost trends a central reference point for comparison.

Separately, dividend actions remain an important checkpoint because the board agenda includes an interim dividend, and the company has already disclosed a ₹0.50 dividend dated April 8, 2026. Investors also monitor exchange filings for record date intimations and related corporate action timelines, which the company has been publishing via BSE updates.

Conclusion

Varun Beverages has scheduled its next key corporate event for April 27, 2026, when the board is set to consider the unaudited results for the quarter ended March 31, 2026 and an interim dividend. The latest available quarterly figures show ₹4,303.53 crore total income and ₹260.01 crore profit after tax in the referenced quarter, alongside EPS of ₹0.74. The next formal update will come through the board outcome and exchange filing after the April 27 meeting.