Varun Beverages reports consolidated net loss of Rs 70.82 crore in the December 2018 quarter

Capital Market 

Sales rise 48.93% to Rs 785.62 crore

Net Loss of reported to Rs 70.82 crore in the quarter ended December 2018 as against net loss of Rs 72.13 crore during the previous quarter ended December 2017. Sales rose 48.93% to Rs 785.62 crore in the quarter ended December 2018 as against Rs 527.50 crore during the previous quarter ended December 2017.

For the full year,net profit rose 40.08% to Rs 299.86 crore in the year ended December 2018 as against Rs 214.06 crore during the previous year ended December 2017. Sales rose 27.52% to Rs 5105.26 crore in the year ended December 2018 as against Rs 4003.54 crore during the previous year ended December 2017. ParticularsQuarter EndedYear EndedDec. 2018Dec. 2017% Var.Dec. 2018Dec. 2017% Var.Sales785.62527.50 49 5105.264003.54 28 OPM %6.084.29 -19.7220.88 - PBDT7.47-28.00 LP 818.87637.60 28 PBT-86.59-116.00 25 433.80290.95 49 NP-70.82-72.13 2 299.86214.06 40

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First Published: Fri, February 22 2019. 16:36 IST