Varun Beverages posts Rs 804 crore revenue in Q3 FY19
Varun Beverages posts Rs 804 crore revenue in Q3 FY19

Varun Beverages Limited (VBL), one of the largest franchisee of PepsiCo in the world, has reported its revenue from operations of Rs 804 crore during October to December 2018. In the same quarter of the previous year, the company had earned a revenue of Rs 543 crore.

Varun Beverages' Q3FY19 total expenses also moved up to Rs 904 crore against Rs 661 crore in the same period. The company's net loss was Rs 70.8 crore against a loss of Rs 72.8 crore in the same quarter last year.

Varun Beverages is producing and distributing a wide range of carbonated soft drinks (CSDs) and a large selection of non-carbonated beverages (NCBs) as well as packaged drinking water sold under trademarks owned by PepsiCo.

VBL produces and sells PepsiCo CSD brands like Pepsi Diet, Pepsi Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Seven-Up Nimbooz Masala Soda, Sting and Evervess. The company is also selling and producing PepsiCo NCB brands such as Tropicana Slice, Tropicana Frutz, Tropicana Juices, Nimbooz and packaged drinking water under the brand Aquafina.

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