PepsiCo bottler Varun Beverages on Wednesday reported a 35.2% rise in its net profit during the January-March 2025 quarter to Rs 726.4 crore, on the back of healthy volume growth. The profit was, however, slightly lower than the Street estimate of Rs 741 crore. The company’s revenue from operations beat the estimates, rising 29% year-on-year to Rs 5,680 crore from Rs 4,397.9 crore. The Bloomberg consensus estimates had pegged its revenues at Rs 5,476 crore.