Jubilant FoodWorks Limited Q2FY20 Result Update
About the Company:
Jubilant Food Works Limited is an Indian company based in Noida, Uttar Pradesh is a part of Jubilant Bhartia Group Company which holds the franchise for Domino's Pizza and also for Dunkin' Donuts in India. The Company was incorporated in 1995 and initiated operations in 1996. The Company got listed on the Indian bourses in February 2010.
QoQ & YoY Performance:
India’s delicious FMCG Company has declared the results for the second quarter of fiscal year ending March 2020.
- QoQ Performance: Consolidated Net sales/ revenue of the company recorded to Rs.99805.09 crores, up by 5.16% in the September quarter of FY20. Total expenditure (excluding interest and depreciation expenses) are Rs. 76,392.29 crores, is increased by 4.48%. EBITDA numbers surged by 7.77%.
- YoY Performance: The Company has reported a 12.17% increase in sales/revenue while expenditure (excluding interest and depreciation expenses) of the company have witnessed an uptake by 2.76%. EBITDA numbers higher by 59.86%.
- Profitability of the company: Net profits of the company landed to Rs. 7298 crores, up by 2.10% QoQ and declined by 3.41% YoY.
As per Lokesh Sethia, SEBI Registered, the stock is trading at Rs.1429.90 per share, being a master franchisee of Domino’s the company has posted strong financial performance, the target will be Rs. 1525 Per share for Long-Term view.