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Jubilant Foodworks shines on reporting 22% rise in Q3 consolidated net profit

04 Feb 2021 Evaluate

Jubilant Foodworks is currently trading at Rs. 2762.00, up by 117.70 points or 4.45% from its previous closing of Rs. 2644.30 on the BSE.

The scrip opened at Rs. 2710.00 and has touched a high and low of Rs. 2830.65 and Rs. 2681.85 respectively. So far 52351 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2987.00 on 11-Jan-2021 and a 52 week low of Rs. 1141.80 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2830.65 and Rs. 2545.00 respectively. The current market cap of the company is Rs. 36639.88 crore.

The promoters holding in the company stood at 41.94%, while Institutions and Non-Institutions held 52.18% and 5.56% respectively.

Jubilant Foodworks has reported a rise of 20.64% in its net profit at Rs 125.10 crore for the quarter ended December 31, 2020 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 ended December 31, 2020 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.

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