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Particulars VARUN BEVERAGES VARUN BEVERAGES LIMITED Corporate identification number : L74899DL1995PLC069839 Registered office : F - 2 / 7 , Okhla 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 , Fax : + 91-124-4643303 , E - mail : complianceofficer@rjcorp.in , Website : www.varunpepsi.com Statement of consolidated financial results for the quarter ended on 31 March 2021 Three months ended on 31 March 2021 ( Unaudited ) 22,698.77 57.29 22,756.06 Three months ended on 31 December 2020 ( See Note 2 ) in million , except per share data Three months Year ended on ended on 31 March 2020 31 December 2020 ( Unaudited ) ( Audited ) 13,513.39 55.69 13,569.08 252.64 17,245.12 65,557.91 369.72 65,927.63 16,992.48 1. Income ( a ) Revenue from operations ( b ) Other income Total income 2. Expenses ( a ) Cost of materials consumed ( b ) Excise duty 10,929.94 5,490.24 289.85 ( c ) Purchases of stock - in - trade 578.89 ( d ) Changes in inventories of finished goods , stock - in - trade ( 1,607.21 ) 204.48 163.39 ( 349.74 ) 7,546.54 228.14 450.14 ( 1,081.90 ) 26,885.09 1,056.49 925.87 ( 171.59 ) and work - in - progress ( e ) Employee benefits expense 2,384.35 2,317.33 2,291.45 8,897.36 ( f ) Finance costs 579.41 619.85 869.69 2,811.04 ( g ) Depreciation and amortisation expense 1,347.21 1,346.74 1,351.23 5,287.02 ( h ) Other expenses 6,306.73 3,965.44 4,846.55 15,946.01 Total expenses 20,809.17 13,757.73 16,501.84 61,637.29 3. Profit / ( loss ) before exceptional items and tax ( 1-2 ) 1,946.89 ( 188.65 ) 743.28 4,290.34 4. Exceptional items 665.29 665.29 5. Profit / ( loss ) before tax ( 3-4 ) 1,946.89 ( 188.65 ) 77.99 3,625.05 6. Tax expense : ( a ) Current tax 320.06 41.89 59.05 423.85 ( b ) Adjustment of tax relating to earlier periods ( 0.44 ) 23.84 122.96 153.69 ( c ) Deferred tax charge / ( credit ) 259.68 ( 181.96 ) ( 704.64 ) ( 525.20 ) Total tax expense 579.30 ( 116.23 ) ( 522.63 ) 52.34 7. Net profit / ( loss ) for the period ( 5-6 ) 1,367.59 ( 72.42 ) 600.62 3,572.71 8. Other comprehensive income A Items that will not be reclassified to profit or loss 92.54 ( 59.78 ) B Income tax relating to items that will not be reclassified to profit or loss ( 23.37 ) 14.84 ( 27.45 ) 7.23 ( 115.38 ) 29.53 C Items that will be reclassified to profit or loss ( 168.61 ) D Income tax relating to items that will be reclassified to profit or loss 204.28 ( 178.94 ) ( 262.11 ) 61.06 ( 531.02 ) ( 7.64 ) Total other comprehensive income ( 99.44 ) ( 19.60 ) ( 221.27 ) 9. Total comprehensive income for the period ( including non - controlling interest ) ( 7 + 8 ) 1,268.15 ( 92.02 ) 379.35 ( 624.51 ) 2,948.20 10. Net profit attributable to : A Owners B Non - controlling interest 1,292.55 75.04 ( 197.33 ) 124.91 549.19 51.43 3,289.95 282.76 11. Other comprehensive income attributable to : A Owners B Non - controlling interest ( 99.57 ) 0.13 ( 19.59 ) ( 0.01 ) ( 221.27 ) ( 624.57 ) 0.06 12. Total comprehensive income attributable to : A Owners B Non - controlling interest 13. Paid - up equity share capital ( face value of 10 each ) 14. Other equity 1,192.98 75.17 ( 216.92 ) 124.90 327.92 51.43 2,665.38 282.82 2,886.89 2,886.89 2,886.89 2,886.89 32,353.12 15. Earnings per share ( of 10 / - each ) ( not annualised for quarters ) : ( a ) Basic ( b ) Diluted See accompanying notes 4.48 ( 0.68 ) 1.90 11.40 4.48 ( 0.68 ) 1.90 11.40