''For
the quarter ending Dec 2023, consolidated Net sales (including other operating income) of Varun Beverages has increased 20.48% to Rs 2667.69 crore compared to quarter ended Dec 2022. Operating profit margin has jumped from 13.89% to 15.68%, leading to 36.03% rise in operating profit to Rs 418.28 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 47.96% to 42.84%. Purchase of finished goods cost rose from 1.71% to 3.62%. Employee cost increased from 12.92% to 13.16%. Other expenses rose from 24.99% to 25.56%. Other income fell 1.41% to Rs 9.12 crore. PBIDT rose 34.93% to Rs 427.4 crore. Provision for interest rose 55.14% to Rs 73.66 crore.
PBDT rose 31.37% to Rs 353.74 crore. Provision for depreciation fell 7.62% to Rs 165.97 crore.
Profit before tax grew 109.54% to Rs 187.77 crore. ...
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