VERIFIEDET Stocks·28 Jul 2026negative

Varun Beverages shares fall 5% as Q2 margins shrink after Twizza acquisition in South Africa; net profit rises 15%

AI Summary

·Varun Beverages shares declined by 5% following the announcement of Q2 results.
·The company's Q2 CY2026 EBITDA margin contracted by 76 basis points to 27.7%, impacted by the Twizza acquisition.
·Revenue from operations increased by 20.4% year-on-year to Rs 8,451.23 crore, supported by robust volume growth.