PepsiCo bottler reports 4.6 times jump in quarterly net profit, announces dividend
Varun Beverages — which manufactures and bottles PepsiCo drinks — reported a 4.6 times year-on-year jump in net profit to Rs 74.7 crore for the quarter ended December 2022 aided by a sustained rise in demand for packaged beverages from the depths of the pandemic. Varun Beverages shares jumped after the earnings announcement.

PepsiCo bottler Varun Beverages reported a more than four times jump in its quarterly net profit.