The board meeting of Mahindra CIE Automotive and Varun Beverages will be held on Wednesday to consider and approve audited financial results (standalone and consolidated) for FY ended December 2018. For FY17, Mahindra CIE had posted a profit of ₹69.30 crore on revenues of ₹2,063.33 crore; Varun Beverages, which on Monday acquired the bottling franchisee rights of PepsiCo, had recorded a PAT of ₹235.60 crore and turnover of ₹3,490.56 crore.

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