02-02-2023 03:06 PM | Source: Accord Fintech
Jubilant FoodWorks declines on reporting 40% fall in Q3 consolidated net profit
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Jubilant FoodWorks is currently trading at Rs. 432.50, down by 24.10 points or 5.28% from its previous closing of Rs. 456.60 on the BSE.

The scrip opened at Rs. 444.95 and has touched a high and low of Rs. 444.95 and Rs. 425.00 respectively. So far 348852 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 706.75 on 02-Feb-2022 and a 52 week low of Rs. 425.00 on 02-Feb-2023.

Last one week high and low of the scrip stood at Rs. 501.55 and Rs. 425.00 respectively. The current market cap of the company is Rs. 28508.61 crore.

The promoters holding in the company stood at 41.94%, while Institutions and Non-Institutions held 47.66% and 10.40% respectively.

Jubilant FoodWorks has reported results for third quarter ended December 31, 2022. The company has reported fall of 35.50% in its net profit at Rs 88.57 crore for Q3FY23 as compared to Rs 137.33 crore for the corresponding quarter previous year. However, total income of the company increased by 10.09% to Rs 1325.99 crore for the quarter under review as compared to Rs 1204.43 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 39.66% in its net profit at Rs 80.36 crore for Q3FY23 as compared to Rs 133.20 crore for the same quarter in the previous year. However, total income of the company increased by 9.78% to Rs 1341.38 crore for the quarter under review as compared to Rs 1221.88 crore for the same quarter in the previous year.