Shares of Jubilant FoodWorks surged over 9 per cent today after the company reported 25.53 per cent jump in standalone net profit for the first quarter ended June 30. The stock zoomed 9.31 per cent to settle at Rs 1,274.55 on BSE. During the day, it soared 10.15 per cent to Rs 1,284.30. On NSE, shares of the company surged 9.28 per cent to end at Rs 1,272.70. The company's market valuation went up by Rs 716.73 crore to Rs 8,409.73 crore. In terms of volume, 6.75 lakh shares of the company were traded on BSE and over 69 lakh shares changed hands on NSE during the day. Jubilant FoodWorks, which operates Dominos Pizza and Dunkin Donuts chains in India, today reported a 25.53 per cent jump in standalone net profit at Rs 23.84 crore for the first quarter ended June 30. The company had posted a net profit of Rs 18.99 crore in the same period of previous fiscal. Its total income went up by 11.40 per cent to Rs 681.81 crore during the quarter under review as against Rs 612 crore in the year-ago period, Jubilant FoodWorks Ltd (JFL) said in a BSE filing.
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