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Jubilant Foodworks reports 22% rise in Q3 consolidated net profit

04 Feb 2021 Evaluate

Jubilant Foodworks has reported results for third quarter ended December 31, 2020.

The company has reported a rise of 20.64% in its net profit at Rs 125.10 crore for the quarter under review as compared to Rs 103.70 crore for the same quarter in the previous year. However, total income of the company decreased by 0.25% at Rs 1,072.79 crore for Q3FY21 as compared Rs 1,075.52 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 21.95% in its net profit attributed to the owners at Rs 124.13 crore for the quarter under review as compared to Rs 101.79 crore for the same quarter in the previous year. However, total income of the company decreased by 0.22% at Rs 1,085.15 crore for Q3FY21 as compared Rs 1,087.53 crore for the corresponding quarter previous year.

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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