Varun Beverages, the bottler for Pepsi in North and East India posted a good set of earnings this quarter. The bottomline jumped nearly 200 percent on a low base and an improved operational performance. The stock has been a wealth creator and has been up 41 percent over last 12 months .

Ravi Kant Jaipuria, Chairman, Varun Beverages is confident of new products and new geographies to aid volume growth in 2018.

He said second quarter will be even better in terms of volume on back of value added products and new plants.

Currently 45 percent of the volumes come out in the second quarter, he said.

Value added products like Tropicana, Quaker Oats, Lipton Iced Tea and the new energy drink Sting is doing very well, and will aid margin performance of the company in second quarter, said Jaipuria.

"We have added five more states for Pepsi and will be happy to get new territories from them", he said.

The company has recently commissioned two new plants one in Zimbabwe and one in Nepal, said Jaipuria.

First Published:May 4, 2018 10:14 AM IST