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Jubilant FoodWorks reports 24% drop in Q4 net profit

19 May 2014 Evaluate

Jubilant FoodWorks has reported results for fourth quarter and year ended March 31, 2014.

The company has posted a fall of 23.73% in its net profit at Rs 24.95 crore for the quarter ended March 31, 2014 as compared to Rs 32.71 crore for the same quarter in the previous year.  However, total income of the company has increased by 18.57% at Rs 436.08 crore for quarter under review as compared to Rs 367.77 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a fall of 6.89% in its net profit at Rs 125.79 crore as compared to Rs 135.10 crore in the previous year. However, total income of the company has increased by 22.43% at Rs 1732.83 crore for year under review as compared to Rs 1415.34 crore for the year ended March 31, 2013.

For the year ended March 31, 2014, on the consolidated basis, the company has posted a fall of 9.80% in its net profit at Rs 118.24 crore as compared to Rs 131.10 crore for the same period in the previous year. However, total income of the company has increased by 22.74% at Rs 1745.70 crore for year under review as compared to Rs 1422.17 crore for the year ended March 31, 2013.

Peers
Company Name CMP
Nestle India 1372.00
Varun Beverages 416.00
Britannia Industries 4990.00
LT Foods 421.80
Hatsun Agro Product 1182.70
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