India's Varun Beverages drops on missing Q4 profit estimates

Varun Beverages

10/02/2025 08:39

** Shares of Varun Beverages  VARB.NS  fall as much as 3.8% to
532.7 rupees after reporting Q4 profit; last down 2.9%
    ** Pepsi India bottler reports profit below analysts'
estimates as higher raw material costs offset growth in volumes
    ** Trading vols at 1.9x the 30-day avg of 4.76 million
shares
    ** VARB rated "buy" on avg, median PT is 710 rupees - LSEG
data
    ** Stock down about 16% so far this year

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))