Varun Beverages Shares Fall 5.5% as Q3 Margin Pressure Overshadows Volume Growth
Varun Beverages' September-quarter volume growth was overshadowed by margin compression; its shares fell 5.5% on Friday.
New Delhi, Nov. 2 -- PepsiCo bottler Varun Beverages Ltd's (VBL) solid volume growth in the September quarter (Q3CY26) was overshadowed by margin compression. Investors didn't take this well, pulling the stock down 5.5% on Friday. The company follows a January-December financial year and the Septem…