Prøve GULL - Gratis
How VBL is fighting competition
Mint Mumbai
|May 02, 2025
Varun Beverages Ltd (VBL) has chosen to fight the war of reach instead of pricing in India's soft drinks market.
The PepsiCo bottler clocked a 30% year-on-year consolidated volume growth in the March quarter (Q1CY25), led by 15.5% organic growth in India and a deepening presence in South Africa and Zimbabwe.
"Strong double-digit volume growth in India with margin expansion should allay investor concerns around Reliance's Campa, a key positive in Q1," analysts at Jefferies India said in a report on 30 April, referring to Reliance's disruptive pricing.
"Although Q2CY25 is quite important from a seasonality perspective." India EBITDA margin rose 11 basis points (bps) to 24.9% due to operational efficiencies, aided by volume growth. Its consolidated revenue increased 29% in Q1CY25, encouraging it to guide for a double-digit growth for CY25. This despite rivals splurging on campaigns in the Indian Premier League and sweetening trade margins.
Denne historien er fra May 02, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
BTS comeback tour hijacked by dating rumours
Homegrown K-pop fans expect their idols to stay single—at least publicly
2 mins
January 15, 2026
Mint Mumbai
Small regional films face streaming challenge despite rising demand
The surge in regional language content on streaming platforms hasn't really benefited small-budget films in languages other than Hindi, such as Kannada, Malayalam, Marathi, Punjabi and others.
2 mins
January 15, 2026
Mint Mumbai
IPO-bound KreditBee eyes $100-120 mn
Investment firms including Hornbill Capital and Japan's MUFG-backed Dragon Funds are evaluating a stake in lending startup KreditBee as part of a proposed $100-120 million fundraise ahead of the company's planned initial public offering, three people familiar with the matter said.
1 mins
January 15, 2026
Mint Mumbai
PAN-INDIA FILMS: FEW HITS, MANY DUDS
Some southern films may be runaway hits in their home market but their Hindi dubs bomb at the box office
8 mins
January 15, 2026
Mint Mumbai
Why India’s InvITs prefer to stay private
Valuation and liquidity concerns have been keeping InviTs overwhelmingly private
3 mins
January 15, 2026
Mint Mumbai
State Street to buy 23% in Groww MF for ₹580 cr
State Street, the world's fourth largest asset manager, has agreed to invest ₹580 crore for a 23% stake in the mutual fund unit of Billionbrains Garage Ventures Ltd, the parent of broker Groww.
1 min
January 15, 2026
Mint Mumbai
Centre to enforce strict hair transplant safety standards
Only qualified medical professionals will be permitted to perform these procedures
2 mins
January 15, 2026
Mint Mumbai
GHOST MANSION FALLACY: BUILDING PALACES WE NEVER LIVE IN
It's a familiar sight across India's hinterland-from the green pockets of Kerala and the Konkan coast to the plains of Bihar and Punjab.
3 mins
January 15, 2026
Mint Mumbai
How carpets became free from child labour
The campaign to certify ethically produced carpets in south Asia resulted in a drop in child labour and several benefits for the industry
4 mins
January 15, 2026
Mint Mumbai
Lego's Smart Bricks feel a little dumb: Why not try robotics?
The toy-maker has missed a hot new tech educational opportunity
3 mins
January 15, 2026
Listen
Translate
Change font size