Varun Beverages

Varun Beverages posted strong first-quarter earnings driven by higher sales volumes, expanded operations and international growth, while dismissing speculation about acquiring beer brand Bira 91.

The acquisition strengthens Varun Beverages’ manufacturing capabilities in Kenya while expanding its presence in dairy beverages, juices and packaged drinking water across East Africa.

The alliance will bring the century-old Japanese CALPIS brand to India with ready-to-drink Original and Mango variants from the second half of 2026.

Varun Beverages has extended its PepsiCo bottling agreement to 2049 while reporting strong Q1 2026 growth driven by rising demand for low- and no-sugar beverages.

Varun Beverages posts 20% profit growth in Q1 2026, driven by strong demand in India and international markets, alongside strategic acquisitions and continued operational efficiency improvements.