Copyright thehindubusinessline
Varun Beverages on Wednesday said it has forayed in the alcoholic drinks segment and certain African subsidiaries shall test market beer in their territories. The company’ board on Wednesday approved plans to add alcohol business to the main objects of the Memorandum of Association of the company. The company said that in response to the growing popularity of Ready To Drink (RTD) and variety of Alcoholic Beverages, it sees an opportunity for expansion into the business of RTD & Alcoholic Beverages including beer, wine, liquor, brandy, whisky, gin, rum, vodka in India & abroad. In a statement, Ravi Jaipuria, Chairman, Varun Beverages Limited, said, "We are diversifying our product offerings and certain African subsidiaries of VBL shall test market beer in their territories through an exclusive Distribution Agreement with Carlsberg Breweries A/S for their Carlsberg brand. We are incorporating a wholly-owned subsidiary in Kenya under Varun Beverages Limited to carry on the business of manufacturing, distribution and selling of beveragesThese developments collectively reflect our continued commitment to broadening our product base and strengthening our presence across key growth markets. " The leading franchise partner for PepsiCo posted net profit of ₹745.19 crore in Q3 CY 2025 up 18.5 per cent year-on-year. Net Revenue from operations increased by 2 per cent to ₹4897 crore. “We have delivered a steady performance during the quarter, with consolidated sales volumes rising by 2.4 per cent, supported by healthy traction in international markets. While domestic volumes remained subdued due to prolonged rainfall across India, international operations grew by 9 per cent,”said Ravi Jaipuria, Chairman, Varun Beverages. . "While the extended monsoon season impacted consumption trends in India, we remain confident in the significant long-term potential of the domestic beverage industry. With low per capita consumption and rising penetration in semi-urban and rural markets, the opportunity for growth continues to be immense. Our ongoing investments in capacity expansion, distribution reach, and cold-chain infrastructure are further strengthening on-ground execution, ensuring we are well-prepared to capture demand recovery in the upcoming season and deliver sustainable growth for all stakeholders,” he added. Published on October 29, 2025
