Varun Beverages Q1 results: Net profit rises 69% YoY to Rs 429 crore, stock split announced

Varun Beverages’ revenue from operations grew 37.8% YoY to Rs 3,952.5 crore. Varun Beverages expects approval of equity shareholders of a stock split that involves splitting the existing equity shares into two. The objective behind the stock split is to enhance the liquidity of the firm’s equity shares and encourage small investors to participate in them.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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