Jubilant FoodWorks declines on reporting 26% fall in Q2 consolidated net profit
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Jubilant FoodWorks is currently trading at Rs. 502.55, down by 25.85 points or 4.89% from its previous closing of Rs. 528.40 on the BSE.
The scrip opened at Rs. 511.00 and has touched a high and low of Rs. 517.85 and Rs. 495.20 respectively. So far 275338 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 627.75 on 02-Nov-2022 and a 52 week low of Rs. 412.20 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 538.60 and Rs. 495.20 respectively. The current market cap of the company is Rs. 33045.05 crore.
The promoters holding in the company stood at 41.94%, while Institutions and Non-Institutions held 48.49% and 9.57% respectively.
Jubilant FoodWorks has reported 39.45% fall in its net profit at Rs 72.15 crore for second quarter ended September 30, 2023 (Q2FY24) as compared to Rs 119.16 crore for the same quarter in the previous year. However, total income of the company increased by 4.21% at Rs 1,351.70 crore for Q2FY24 as compared Rs 1,297.06 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 26.10% fall in its net profit at Rs 97.20 crore for Q2FY24 as compared to Rs 131.53 crore for the same quarter in the previous year. However, total income of the company increased by 4.86% at Rs 1,375.69 crore for Q2FY24 as compared Rs 1,311.92 crore for the corresponding quarter previous year.
