Varun Beverages540180Dividend news update

Board approves 3rd interim dividend of ₹0.50 per equity share for FY 2026

Board approved a 3rd interim dividend of ₹0.50 per equity share (face value ₹2/-) for FY 2026.

By ScoutQuest · Fri 30 Oct 2026, 12:12 PM IST · 2 min read

Interim Dividend Per Share: ₹0.50 per equity share (face value ₹2/-) for FY 2026 (3rd interim dividend)
Record Date: November 5, 2026
Dividend Payment Date: Payment on and from November 7, 2026, on ~338.25 crore equity shares

Varun Beverages Limited's board met on 30 October 2026 and approved the unaudited financial results for the quarter and nine months ended 30 September 2026, along with a third interim dividend for FY 2026. The company follows a 1 January to 31 December financial year.

Dividend, in short

Third interim dividend of ₹0.50 per equity share of face value ₹2/- each for FY 2026
Declared on the total issued, subscribed and paid-up ~338.25 crore equity shares
Record date: Thursday, November 5, 2026, the date used to decide which shareholders are entitled
Payment on and from November 7, 2026

Shareholders whose names appear in the register of members, or in the depository list of beneficial owners, on the record date receive the dividend.

Consolidated results (₹ in million)

Quarter ended 30 September 2026: revenue from operations 68,155.86 and net profit after tax 8,306.92
Nine months ended 30 September 2026: revenue from operations 223,712.41 and net profit after tax 32,022.98
Basic earnings per share for the nine months: 9.43

Standalone results for the company were also approved. The joint statutory auditors carried out a limited review of the results and their opinion is unmodified.

Changes inside the group

The business of Devyani Food Industries (Kenya) Limited was acquired by VBL Industries (Kenya) Limited with effect from 1 August 2026. As both entities were ultimately under common control, earlier periods were restated as if the combination had taken place from the start of the earliest period presented.
Twizza Proprietary Limited, South Africa, became a wholly owned subsidiary and was merged into The Beverage Company Proprietary Limited (Bevco) with effect from 1 August 2026. The merger was between a subsidiary and its step-down subsidiary, so the company's shareholding is unchanged.
An agreement to acquire Crickley Dairy Proprietary Limited was not completed because certain conditions were not fulfilled, and the sellers have referred the matter to arbitration.
Varun Beverages (Zimbabwe) set up Varun Beverages Holding (Zimbabwe) as a vehicle to hold investments, and KIVA Spirits and Company Limited was incorporated in India for ready-to-drink alcoholic beverages.
In Zimbabwe, an exclusive distribution agreement was signed with Mondelez South Africa Proprietary Limited for chocolate, biscuit, candy and gum products, effective 1 October 2026.

Points to keep in mind

This is the third interim dividend for FY 2026; the record date decides entitlement, so shares must be held in the demat account on that date.
Prior-period figures in the results are restated because of the Kenya business combination, so comparisons across periods reflect that adjustment.
The quarter and nine-month figures are unaudited and have been reviewed, not audited.

Also from Varun Beverages

Varun Beverages Q2 results showed gross margin contraction of 300 basis points due to higher packaging costs, but EBITDA margin contraction was contained via cost control

2 Nov 2026

Audio recording of Varun Beverages' October 30, 2026 Investors & Analysts Conference Call made available

30 Oct 2026

Varun Beverages stock slipped despite 14% volume growth and 25% EBITDA growth, as margins contracted

30 Oct 2026

All Varun Beverages stories