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Varun Beverages reports consolidated net profit of Rs 6.89 crore in Q1CY17

Varun Beverages has reported results for first quarter ended March 31, 2017.

The company has reported net profit of Rs 26.82 crore for the quarter ended March 31, 2017 as compared to net loss of Rs 28.12 crore for the same quarter in the previous year. Total income from operations of the company increased by 1.90 % to Rs 861.22 crore for the quarter under review from Rs 845.14 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported net profit of Rs 6.89 crore for the quarter ended March 31, 2017, as compared to net loss of Rs 55.71 crore for the same quarter in the previous year. Total income from operations of the company increased by 2.59 % at Rs 1064.42 crore for quarter ended March 31, 2017, as compared to Rs 1037.50 crore for the quarter ended March 31, 2016.

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