Varun Beverages Quarterly Profit Rises on Volume Growth
Packaging costs weighed on margins.
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07:35:49 AM UTC
SquawkNews
Varun Beverages NSE:VBL reported a 13.8% rise in third-quarter profit on Friday, as higher sales volumes in India and international markets helped offset increased packaging costs.PepsiCo's NASDAQ:PEP biggest bottling partner in India reported a consolidated net profit of 8.28 billion rupees ($86.9…