 "Jubilant FoodWorks hits record high on strong Q4 results")
Jubilant FoodWorks has rallied 9% to Rs 1,714 on the BSE after reporting 6.6% growth in same-store growth (SSG) for the quarter ended March 31, 2015 (Q4). The company, which operates Domino's Pizza and Dunkin Donuts chains, had recorded 3.4% negative SSG growth in the year-ago quarter.
Meanwhile, the company reported a healthy 26.37% jump in standalone net profit at Rs 31.53 crore in Q4FY15. It had posted a net profit of Rs 24.95 crore in the same period of the previous fiscal.
Net sales during the quarter under review rose by about 25% to Rs 542 crore as against Rs 434 crore in the year-ago period, the company said in a filing to the BSE.
The EBITDA or operating profit increased by 25.6% to Rs 70 crore against Rs 55.7 crore over the previous year's corresponding quarter.
Robust trend in revenue growth together with systemic focus on cost effectiveness resulted in enhancement in operating profit, the company added.
The stock opened at Rs 1,628 and hit a record high of Rs 1,719 on the BSE. A combined 946,791 shares changed hands on the counter on the BSE and NSE till 0939 hours.
Meanwhile, the company reported a healthy 26.37% jump in standalone net profit at Rs 31.53 crore in Q4FY15. It had posted a net profit of Rs 24.95 crore in the same period of the previous fiscal.
Net sales during the quarter under review rose by about 25% to Rs 542 crore as against Rs 434 crore in the year-ago period, the company said in a filing to the BSE.
The EBITDA or operating profit increased by 25.6% to Rs 70 crore against Rs 55.7 crore over the previous year's corresponding quarter.
Robust trend in revenue growth together with systemic focus on cost effectiveness resulted in enhancement in operating profit, the company added.
The stock opened at Rs 1,628 and hit a record high of Rs 1,719 on the BSE. A combined 946,791 shares changed hands on the counter on the BSE and NSE till 0939 hours.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%