Outcome of Board Meeting

£VARUn BEVERAGES October 30, 2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Block G, C/l, Bandra Kurla Phiroze Jeejeebhoy Towers Complex, Bandra (E), Mumbai - 400 051 Dalal Street, Mumbai - 400 001 Email: cmlist@nse.co.in Email: corp.relations@bseindia.com Symbol: VBL Security Code: 540180 Subject: Outcome of the Board Meeting & Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, The Board of Directors at their meeting held today (started at 11:00 A.M. and concluded at 11:40 A.M.) inter-alia considered and approved the following: (i) The Unaudited Financial Results of the Company (Standalone and Consolidated) for the Quarter and Nine Months ended September 30, 2026 (Copy of the same along-with Limited Review Report issued by M/s. O P Bagla & Co. LLP and M/s. J C Bhalla & Co., Chartered Accountants, Joint Statutory Auditors of the Company, with unmodified opinion are attached and the same are being uploaded on website of the Company). (ii) The payment of 3rd interim dividend of ?0.50 (Fifty Paisa only) per Equity Share for the Financial Year 2026 on the total issued, subscribed and paid-up 338,24,94,644 Equity Shares of the nominal value of ^2/- (Rupees Two only) each. (iii) Pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, fixed Thursday, November 5, 2026 as the "Record Date" for the purpose of determining entitlement of Equity Shareholders for receipt of 3rd interim dividend. The 3rd interim dividend will be paid on and from November 7, 2026 to those shareholders whose name appears in the Register of Members of the Company or in the list of beneficial owners maintained by the Depositories as on November 5, 2026. Further, please note that our Company is following 1st January to 31st December as its financial year in terms of Section 2(41) of the Companies Act, 2013 as approved by Company Law Board. You are requested to take the above on record. Yours faithfully, 12 l New Delhi I A i ® l . Ravi Batra Chief Risk Officer & Group Company Secretary Encl.: As above VARUN BEVERAGES LIMITED Corporate Office: vot No. snstitutiona; Area. ^ec.-A4_, NurugraiTh HarysnaA22UO2 Hneha} i Ph: eQI 124 4643100-500 i W: www.varunbev@rages.corn CIN: L74899DL1995PLC069839 [ Registered Office: F-2/Z Okhta industrial Area, Phased New Delhi - IIO 0.20 | E: Nfo@ncorpJn j Ph: 011 41706720-25 v/v un J? BEVERAGES VARUN BEVERAGES LIMITED Corporate identification number: L74899DL1995PLC069839 Registered office: F-2/7, Okhia Industrial Area, Phase-I, New Delhi-110020 Corporate office: RJ Corp House, Plot No-31, Institutional Area, Sector-44, Gurugram-122002 (Haryana) Tel: +91-124-4643100, E-mail: complianceofficer@rjcorp.in, Website: www.varunbeverages.com Statement of consolidated financial results for the quarter and nine months ended on 30 September 2026 (? in million, except per share data) Particulars Three months Three months Three months Nine months Nine months Year ended on ended on ended on ended on ended on ended on 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 December 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Restated) (Restated) (Restated) (Restated) (Refer note 10) (Refer note 10) (Refer note 10) (Refer note 10) 1. Income (a) Revenue from operations 68,155.86 87,447.38 51,124.38 223,712.41 181,011.15 225,107.99 (b) Other income 1,198.62 1,048.53 1,475.63 2,690.71 2,530.33 3,520.80 Total income 69,354.48 88,495.91 52,600.01 226,403.12 183,541.48 228,628.79 2. Expenses (a) Cost of materials consumed 29,096.15 37,184.51 19,374.15 98,401.82 75,473.37 95,159.34 (b) Excise duty 2,080.28 2,002.22 1,517.44 5,566.89 4,119.99 5,432.39 (c) Purchases of stock-in-trade 1,006.44 1,826.30 889.08 3,484.85 2,592.15 3,694.53 (d) Changes in inventories of finished goods, 891.14 (294.56) 1,349.52 (2,084.10) 1,591.90 44.42 intermediate goods, stock-in-trade and work­ in-progress (e) Employee benefits expense 6,025.57 6,954.62 5,642.14 19,294.11 16,475.59 22,452.02 (f) Finance costs 716.91 586.53 467.09 1,797.92 1,272.38 1,756.82 (g) Depreciation and amortisation expense 4,199.82 4,127.11 3,123.57 11,927.31 9,023.04 12,372.83 (h) Other expenses 14,789.19 16,451.45 10,947.97 46,303.00 36,750.19 47,995.59 Total expenses 58,805.50 68,838.18 43,310.96 184,691.80 147,298.61 188,907.94 3. Profit before share of loss of associates 10,548.98 19,657.73 9,289.05 41,711.32 36,242.87 39,720.85 and joint ventures (1-2) 4. Share of loss of associates and joint ventures (22.82) (42.83) (16.76) (105.12) (34.42) (60.27) 5. Profit before tex (3+4) 10,526.16 19,614.90 9,272.29 41,606.20 36,208.45 39,660.58 6. Tax expense: (a) Current tax 2,532.07 4,420.29 1,768.12 9,654.83 7,724.49 8,389.07 (b) Adjustment of tax relating to earlier (143.87) (0.01) 26.70 (143.88) 24.84 16.90 periods/year (c) Deferred tax (credit)/charge (167.96) 97.94 162.37 72.27 737.92 1,070.09 Total tax expense 2,220.24 4,518.22 1,957.19 9,583.22 8/487.25 9,476.06 7. Net profit after tax (5-6) 8,305.92 15,096.68 7,315.10 32,022.98 27,721.20 30,184.52 8. Other comprehensive income A. Items that will not be reclassified to profit 59.31 20.32 19.06 104.23 (10.48) 265.91 or toss B. Income tax relating to items that will not be (15.00) (4.86) (4.84) (26.30) 2.10 (67.34) reclassified to profit or loss C. Items that will be reclassified to profit or 55.63 400.07 1,317.32 1,330.78 1,778.37 4,174.49 toss D. Income tax relating to items that will be - - - - reclassified to profit or loss Total other comprehensive income 99.94 415.53 1,331.54 1,408.71 1,769.99 4,373.06 9. Total comprehensive income for the 8,405.86 15,512.21 8,646.64 33,431.69 29,491.19 34,557.58 periods/year (7+8) 10. Net profit attributable to: A Owners of the Company 8,280.01 15,051.10 7,275.08 31,887.91 27,547.84 29,928.99 B Non-controlling interest 25.91 45.58 40.02 135.07 173.36 255.53 11. Other comprehensive income attributable to: A Owners of the Company 91.05 397.65 1,289.86 1,314.91 1,736.17 4,309.14 B Non-controlling interest 8.89 17.88 41.68 93.80 33.82 63.92 12. Total comprehensive income attributable A Owners of the Company 8,371.06 15,448.75 8,564.94 33,202.82 29,284.01 34,238.13 B Non-controlling interest 34.80 63.46 81.70 228.87 207.18 319.45 13. Paid-up equity share capital (face value of 6,764.99 6,764.59 6,763.92 6,764.99 6,763.92 6,763.98 ? 2 each) 14. Other equity 188,112.77 15. Earnings per share (of T 2/- each) (not annualised for quarters and nine months) (a) Basic 2.45 4.45 2.15 9.43 8.15 8.85 (b) Diluted 2.45 4.45 2.15 9.43 8.14 8.85 See accompanying notes SIGNED FOR zt N pyppnoT n?u? ■;. LRUO BEVERAGES VARUN BEVERAGES LIMITED Corporate identification number L74899DL1995PLC069839 Registered office: F-2/7, Okhla Industrial Area, Phase-1, New Delhi-110020 Corporate office: RJ Corp House, Plot No-31, Institutional Area, Sector-44, Gurugram-122002 (Haryana) Tel: +91-124-4643100, E-mail: complianceofficer@qcorp.in, Website: www.varunbeverages.com Statement of standalone financial results for the quarter and nine months ended on 30 September 2026 (? in million, except per share data) Particulars Three months Three months Three months Nine months Nine months Year ended on ended on ended on ended on ended on ended on 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 December 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1. Income (a) Revenue from operations 38,224.47 59,962.08 30,639.83 143,192.09 124,215.32 145,568.22 (b) Other income 1,434.95 1,043.92 1,496.93 3,222.09 2,995.06 5,139.34 Total income 39,659.42 61,006.00 32,136.76 146,414.18 127,210.38 150,707.56 2. Expenses (a) Cost of materials consumed 18,105.34 26,612.87 12,622.02 67,805.85 55,011.16 66,018.96 (b) Purchase of stock-in-trade 163.23 385.68 61.35 765.85 1,192.39 1,404.54 (c) Changes in i [Showing first 8,000 characters — download PDF for full document]