Varun Beverages rules FMCG space, outperforms peers
Business Standard|December 19, 2023
Varun Beverages has been the best performer over the past year in the fast-moving consumer goods (FMCG) space, delive ing a return of 60 per cent.
RAM PRASAD SAHU
Varun Beverages rules FMCG space, outperforms peers

This is thrice that of the Nifty FMCG, its peer index.

Brokerages expect the company, which has delivered sales growth over the last nine months (9MCY23) of 22 per cent, to maintain its momentum led by higher distribution reach, new launches and international expansion.

The company's revenue growth was led by robust volume growth of 15.4 per cent year-on-year (Y-o-Y) at 220 million cases and improved realisations, which edged up by 5 per cent to 176 a case.

While volume growth was driven by India (14.8 per cent Y-O-Y) and international markets (17.5 per cent), realisation growth was driven by international markets.

この記事は Business Standard の December 19, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の December 19, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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