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Jubilant FoodWorks reports 40% fall in Q3 consolidated net profit

02 Feb 2023 Evaluate

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.

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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