Varun Beverages Q2 Results FY27: Revenue Up 33.2% to Rs 6,607.56 Cr, PAT Rs 830.59 Cr
- October 30, 2026
- Posted by: Harsh Piplani
- Category: Results
Quick Answer
Varun Beverages Q2 Results FY27 were declared on 30 October 2026 on a consolidated basis. Revenue reached Rs 6,607.56 Cr, up 33.2% YoY from Rs 4,960.69 Cr, while net profit rose 13.54% YoY to Rs 830.59 Cr from Rs 731.51 Cr. These quarterly results show revenue growing faster than profit, and the YoY growth gap is the thread that the sections below follow.
Varun Beverages Ltd (VBL) Q2 Results FY27 announced on 30 October 2026, covering the company’s financial performance for the July to September quarter. The consolidated results show revenue of Rs 6,607.56 Cr and PAT of Rs 830.59 Cr, and Varun Beverages Q2 Results FY27 is built on those two figures. The results date of 30 October 2026 anchors every comparison in this report, and each prior-year figure refers to the July to September 2025 quarter.
This Varun Beverages Q2 Results results analysis covers the financial highlights, the business drivers, the outlook and the risks. Univest readers can follow the numbers in the Financial Highlights table that comes next, where revenue, Operating Profit and net profit sit side by side with the same quarter last year.
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Varun Beverages Q2 Results FY27: Financial Highlights
| Metric | Q2 FY27 (Sep 26) | Q2 FY26 (Sep 25) | YoY Change |
|---|---|---|---|
| Revenue | Rs 6607.56 Cr | Rs 4960.69 Cr | +33.2% YoY |
| Operating Profit | Rs 1426.71 Cr | Rs 1140.41 Cr | +25.11% YoY |
| Net Profit (PAT) | Rs 830.59 Cr | Rs 731.51 Cr | +13.54% YoY |
Source: company filing for Varun Beverages Q2 Results FY27, 30 October 2026. Figures in Rs Crore, Consolidated basis.
Key Takeaways from Varun Beverages Q2 Results: What Stands Out
- Revenue of Rs 6,607.56 Cr is 33.2% higher than the Rs 4,960.69 Cr reported in the same quarter a year earlier.
- Net profit of Rs 830.59 Cr grew 13.54% YoY from Rs 731.51 Cr, so YoY growth in profit was slower than in revenue.
- Operating Profit of Rs 1,426.71 Cr rose 25.11% from Rs 1,140.41 Cr, a faster pace than net profit in the Varun Beverages Q2 Results FY27.
- Consolidated results are the basis for every figure here, and the filing date of 30 October 2026 applies to all of them.
- Margin and sequential trends form the risk side of this report, and the performance analysis below takes them up next.
Varun Beverages Q2 Results FY27: Performance Analysis
Varun Beverages reported consolidated revenue of Rs 6,607.56 Cr for the July to September quarter, up 33.2% from Rs 4,960.69 Cr a year earlier. Operating Profit reached Rs 1,426.71 Cr against Rs 1,140.41 Cr, a rise of 25.11%. Net profit closed at Rs 830.59 Cr, up 13.54%.
In this Varun Beverages Q2 Results FY27 results analysis, the order of growth rates matters. Revenue grew 33.2%, Operating Profit grew 25.11% and net profit grew 13.54%, so each line down the statement grew more slowly than the one above it. The supplied figures confirm that pattern but do not establish its specific cause.
For readers tracking Varun Beverages Q2 Results, the useful comparison is between this quarter and the same quarter last year, since the comparison basis is YoY. The quarterly results also include a sequential view that the risk section covers, and the next section turns to the business factors drawn from the same filing.
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Key Business Factors This Quarter
Revenue Growth – The quarterly results record revenue growth of 33.2% year on year to Rs 6,607.56 Cr. This is the largest movement in the report, and it forms the base on which Operating Profit of Rs 1,426.71 Cr and net profit of Rs 830.59 Cr are measured.
Net Profit Growth – Net profit rose 13.5% year on year to Rs 830.59 Cr, against Rs 731.51 Cr in the comparison quarter. Within Varun Beverages Q2 Results FY27, this is the line that shows the slowest growth among the three headline figures.
Return Ratios – Return on equity was 16.94% in FY25 and return on capital employed was 20.73% in FY25. These annual ratios give context to the quarter, because they describe the returns earned on equity and on the capital invested in the business.
FY27 Outlook After Varun Beverages Q2 Results
The FY27 full-year picture will depend on the quarters that follow this one and on conditions disclosed by the company later in the year. The results analysis for this quarter gives a base of Rs 830.59 Cr in net profit, which later quarters will be measured against.
Investors who follow Varun Beverages can use Varun Beverages Q2 Results FY27 as a reference point, alongside the Rs 6,607.56 Cr revenue figure. Net profit for FY27 will be shaped by each upcoming filing, and the company’s own disclosures remain the source for any forward view. The risks that follow show where to look.
Key Risks to Watch After Varun Beverages Q2 Results FY27
Narrower Net Profit Margin
Net profit margin narrowed to 12.6% from 14.7% in the comparison quarter. Within Varun Beverages Q2 Results FY27, this is the clearest sign that profit grew more slowly than revenue, and later filings will show whether the gap holds.
Volatile Quarterly Net Profit
Quarterly net profit has been volatile, ranging from Rs 251.79 Cr to Rs 1,509.67 Cr over the last 5 quarters. A swing of that size means one quarter alone does not set a trend, so YoY growth should be read alongside earlier periods.
Sequential Revenue Decline
Revenue was down 22.7% quarter on quarter from Rs 8,544.52 Cr. The sequential drop sits beside the YoY rise of 33.2%, which is why this report compares the two views instead of relying on only one.
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Conclusion
Varun Beverages Q2 Results FY27 show revenue of Rs 6,607.56 Cr and net profit of Rs 830.59 Cr on a consolidated basis, with YoY growth of 33.2% and 13.54%. The quarterly results also carry sequential and margin risks, so Varun Beverages Q2 Results is best read with both. Investors should consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.
Frequently Asked Questions on Varun Beverages Q2 Results FY27
What are Varun Beverages Q2 Results FY27?
Ans. Varun Beverages Q2 Results FY27 are the consolidated quarterly results of Varun Beverages for July to September 2026, declared on 30 October 2026, while the Financial Highlights table lists revenue, Operating Profit and net profit against the prior-year quarter.
What is the results date for Varun Beverages Q2 Results FY27?
Ans. The results date for Varun Beverages Q2 Results FY27 is 30 October 2026, which means every figure in this report comes from the filing of that day, as the opening paragraphs of this analysis explain.
What revenue was reported in Varun Beverages Q2 Results FY27?
Ans. Varun Beverages Q2 Results FY27 report consolidated revenue of Rs 6,607.56 Cr for Varun Beverages, compared with Rs 4,960.69 Cr a year earlier, as set out in the Financial Highlights section.
What net profit was reported in Varun Beverages Q2 Results FY27?
Ans. Varun Beverages reported net profit of Rs 830.59 Cr in Varun Beverages Q2 Results FY27, which compares with Rs 731.51 Cr in the same quarter last year, as the Performance Analysis section shows.
How much YoY growth did revenue show in Varun Beverages Q2 Results FY27?
Ans. Revenue showed YoY growth of 33.2% in Varun Beverages Q2 Results FY27, while net profit grew 13.54%, so the Key Takeaways section treats revenue as the faster-growing line of the two.
Did net profit rise or fall in Varun Beverages Q2 Results?
Ans. Varun Beverages Q2 Results show that net profit rose 13.54% YoY to Rs 830.59 Cr, which means profit growth was positive but slower than revenue, as the Performance Analysis explains.
What was the Operating Profit in Varun Beverages Q2 Results FY27?
Ans. Operating Profit in Varun Beverages Q2 Results FY27 was Rs 1,426.71 Cr, up 25.11% from Rs 1,140.41 Cr, which places it between the revenue and net profit growth rates in the Key Takeaways.
Are Varun Beverages Q2 Results consolidated results or standalone results?
Ans. Varun Beverages Q2 Results are consolidated results, so the figures cover Varun Beverages as stated in the filing of 30 October 2026, while the Quick Answer box repeats that basis.
What business factors shaped Varun Beverages Q2 Results FY27?
Ans. The factors for Varun Beverages Q2 Results FY27 are revenue growth of 33.2%, net profit growth of 13.5% and return ratios of 16.94% and 20.73% in FY25, which the Key Business Factors section covers.
What are the key risks after Varun Beverages Q2 Results FY27?
Ans. After Varun Beverages Q2 Results FY27 the listed risks are a net profit margin of 12.6% against 14.7%, volatile quarterly net profit and a 22.7% sequential revenue decline, as the risks section details.
What is the outlook after Varun Beverages Q2 Results?
Ans. After Varun Beverages Q2 Results the FY27 outlook depends on later quarters and on the company’s disclosures, so the Outlook section uses the Rs 830.59 Cr net profit as the reference base.
Where can I find the complete Varun Beverages Q2 Results FY27 data?
Ans. The complete Varun Beverages Q2 Results FY27 data sits in the Financial Highlights table above and in the Univest Screener, which lists the company’s quarterly results next to earlier periods for comparison.
