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The Economic Times
The Economic Times
Business
Veer Sharma

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

Varun Beverages South Africa Pepsi India

Shares of Pepsi bottler Varun Beverages fell as much as 5% to an intraday low of Rs 439 on the BSE on Tuesday after the company's EBITDA margin contracted by 76 basis points to 27.7% in the second quarter of CY2026, primarily due to the consolidation of the Twizza business in South Africa, which currently operates at lower margins.

The company follows a calendar-year reporting cycle, with its financial year running from January to December.

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