Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India and international markets. Gross margins expanded while depreciation and finance costs rose due to acquisitions. The company also announced a strategic alliance to introduce the Calpis brand. A second interim dividend of Rs 0.50 per share was approved by the board.
Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta Pandey
Sebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. The proposed document will explore