Varun Beverages reported a 33.45% YoY rise in Q4 net profit to Rs 731.3 crore, with revenue up 29% to Rs 5,680 crore. Volume growth, especially in India and South Africa, drove performance. The company also declared a Rs 0.50 interim dividend.
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,