PepsiCo Inc (PEP) operating KPIs
Close on Oct 30, 2026Market cap $187.45BP/E 17.3Yield 4.09%
PepsiCo varun Beverages (VBL — largest international franchise bottler): Total sales volume (million 8-oz unit cases) (M)
Varun Beverages Limited is PepsiCo's second-largest franchisee globally (outside the U.S.), accounting for 90%+ of PepsiCo beverage volume in India plus operations across Africa (South Africa, Morocco, Zimbabwe, Zambia, DRC). Latest calendar quarter published: Q2 2026 (ended June 30, 2026).
Quarterly history
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| Period | Ended | Varun Beverages (VBL — largest international franchise bottler): Total sales volume (million 8-oz unit cases) (M) | Year on year | Source |
|---|---|---|---|---|
| Q2 2026 | Jun 13, 2026 | 467 | +19.8% | vbl-pres-FY2026Q2 ↗ |
| Q1 2026 | Mar 21, 2026 | 363 | +16.3% | vbl-pres-FY2026Q1 ↗ |
| Q4 2025 | Dec 27, 2025 | 237 | +10.2% | vbl-pres-FY2025Q4 ↗ |
| Q3 2025 | Sep 6, 2025 | 274 | +2.4% | vbl-pres-FY2025Q3 ↗ |
| Q2 2025 | Jun 14, 2025 | 390 | -3.0% | vbl-pres-FY2026Q2 ↗ |
| Q1 2025 | Mar 22, 2025 | 312 | +30.1% | vbl-pres-FY2026Q1 ↗ |
| Q4 2024 | Dec 28, 2024 | 215 | +38.2% | vbl-pres-FY2025Q4 ↗ |
| Q3 2024 | Sep 7, 2024 | 268 | +21.9% | vbl-pres-FY2025Q3 ↗ |
| Q2 2024 | Jun 15, 2024 | 402 | +28.1% | vbl-pres-FY2025Q2 ↗ |
| Q1 2024 | Mar 23, 2024 | 240 | +7.2% | vbl-pres-FY2025Q1 ↗ |
| Q4 2023 | Dec 30, 2023 | 156 | +18.0% | vbl-pres-FY2024Q4 ↗ |
| Q3 2023 | Sep 9, 2023 | 220 | +15.5% | vbl-pres-FY2024Q3 ↗ |
| Q2 2023 | Jun 17, 2023 | 314 | +4.5% | vbl-pres-FY2024Q2 ↗ |
| Q1 2023 | Mar 25, 2023 | 224 | +24.7% | vbl-pres-FY2024Q1 ↗ |
| Q4 2022 | Dec 31, 2022 | 132 | +17.9% | vbl-pres-FY2023Q4 ↗ |
| Q3 2022 | Sep 3, 2022 | 190 | +24.2% | vbl-pres-FY2023Q3 ↗ |
| Q2 2022 | Jun 11, 2022 | 300 | +97.4% | vbl-pres-FY2023Q2 ↗ |
| Q1 2022 | Mar 19, 2022 | 180 | – | vbl-pres-FY2023Q1 ↗ |
| Q4 2021 | Dec 25, 2021 | 112 | – | vbl-pres-FY2023Q1 ↗ |
| Q3 2021 | Sep 4, 2021 | 153 | – | vbl-pres-FY2023Q1 ↗ |
| Q2 2021 | Jun 12, 2021 | 152 | – | vbl-pres-FY2023Q1 ↗ |
Breakdown
What makes up varun beverages (vbl — largest international franchise bottler): total sales volume (million 8-oz unit cases)
- India domestic sales volume (million unit cases)–
- International territories sales volume (million unit cases)–
- Carbonated soft drinks (CSD) volume (million unit cases)351 · Q2 2026
- Packaged drinking water volume (million unit cases)85 · Q2 2026
- Non-carbonated beverages (NCB — juice, energy, dairy) volume (million unit cases)30 · Q2 2026
- CSD share of VBL volume (%)75.0% · Q2 2026
- Packaged drinking water share of VBL volume (%)18.0% · Q2 2026
- NCB share of VBL volume (%)7.0% · Q2 2026
- Low-sugar / No-sugar products share of VBL consolidated volume (%)–
- Net realization per case (INR / case)175 · Q2 2026
- VBL net revenue from operations (INR millions)84,512 · Q2 2026
- VBL gross margin (%)55.0% · Q2 2026
- VBL EBITDA (INR millions)23,430 · Q2 2026
- VBL profit after tax — PAT (INR millions)15,254 · Q2 2026
Cite this data
StockData. (2026). PepsiCo Varun Beverages (VBL — largest international franchise bottler): Total sales volume (million 8-oz unit cases) (M), quarterly Q2 2021–Q2 2026 [Data set]. Compiled from PepsiCo SEC filings and investor materials. https://stockdatahq.com/stocks/pep/kpis/vbl-vol-total
See every metric in the PepsiCo KPI table. Data updated Oct 28, 2026.