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Varun Beverages shares jump over 3% on strong Q4. What brokerages say?
VBL which follows the January-December calendar reported its Q42023 profit after tax (PAT) jump by 76% year-on-year (YoY) to Rs 143.80 crore with revenue growth in the October-December quarter at 21% YoY to Rs 2,667.70 crore. The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) was higher by 36% YoY to Rs 418.30 crore.