Varun Beverages Interim Dividend: Set May 7 as Record Date

The carbonated soft drinks and non-carbonated drinks maker Varun Beverages Limited has set May 7, 2025, as the record date for its interim dividend for FY25. On April 30, 2025, Varun Beverages declared an interim dividend of ₹0.50. The company further stated that the interim dividend will be paid on May 9, 2025.

Varun Beverages Dividend Record Date: What Does This Mean for Shareholders?

As Varun Beverages has set May 7 as the record date for its interim dividend, meaning that May 6 marks the last day to buy Varun Beverages shares to become eligible for the interim dividend. Further, any shares bought on or after May 7 (record date) won’t be eligible for the interim dividend.

Also Read: Varun Beverages Share Price in Focus: Revenue Soared 35% in Q1CY25

Varun Beverages Q1CY25 Earnings

In Q1 CY2025, the company experienced a strong financial performance, with revenue from operations (net of excise/GST) increasing by 28.9% year-over-year, reaching Rs. 55,669.4 million, up from Rs. 43,173.1 million in Q1 CY2024. This growth was primarily driven by a 30.1% rise in consolidated sales volume, reaching 312.4 million cases, compared to 240.2 million cases in Q1 CY2024. Key contributors included robust organic growth in India, which saw a 15.5% increase in volume, and inorganic contributions from South Africa and the Democratic Republic of Congo (DRC).

However, net realisation per case in India grew by 1.8%, while it remained flat in international markets (excluding South Africa). At the consolidated level, a slight decline of 0.9% in net realisation per case was observed, mainly due to lower realisations in the South African market, where the company achieved 141 million cases over the trailing four quarters, reflecting a 13% growth compared to the previous year. Despite the lower margin profile of owned brands in South Africa and the higher mix of carbonated soft drinks (CSD) in India, the company’s gross margins stood at 54.6%, a decline of 171 basis points compared to Q1 CY2024.

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