Varun Beverages announces 2:5 stock split, interim dividend of Rs 1.25 per share

Varun Beverages, PepsiCo's franchise partner, declared a stock split in the ratio of 2:5 and announced an interim dividend of Rs 1.25 per share. The company's June quarter results showed a 26% year-over-year increase in profit, amounting to Rs 1,261.83 crore, with revenue growing by 28%.