GST & demonetisation effect over; expect reasonably healthy growth: Varun Beverages

In an interview to CNBC-TV18, Ravi Kant Jaipuria, Chairman of Varun Beverages spoke about the results and his outlook for the company.

Jaipuria said there is no impact on taxation as far as goods and services tax (GST) is concerned for us.

However, it happened in the busiest part of year, which is April-June quarter and due to destocking, the results were not good.

"Fundamentally, GST and demonetisation effect is over so we expect reasonably healthy growth like we have had in the Q3, starting Q3 growth has started to happen," he said.