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Questions across 1 call

Darshit Vora

Asit C Mehta Investments

Varun Beverages Limited

Varun Beverages Limited CC-Mar25.pdf · 2025-04-30
Thank you for the opportunity. So, I had a couple of questions. The first one would be, so from like the CY 2020 to 2022, we have been seeing India margins were lower than international margins by around 300 to 400 basis points. Now this reversed in CY23. So, in this scenario India margins improved. So, what do we see like going ahead, do we see the India margins coming back to how they were before?
All right, but then like do we see them coming close to or surpassing the domestic margins as of now in the near future?