Jubilant FoodWorks shares end over 3 pc lower

Trimming most of its early losses, shares of Jubilant FoodWorks today closed with an over 3 per cent fall on value buying at lower levels.
Shares of the company ended the day at Rs 908.55 apiece, down 3.27 per cent on the BSE. Intra-day, it tumbled 12.95 per cent to Rs 817.60.
On the NSE, shares of the company dipped 3.31 per cent to close at Rs 909.15.
The company's market valuation also came down by Rs 202.11 crore to Rs 5,991.89 crore.
In terms of volume, 4.50 lakh shares of the company were traded on the BSE and over 55 lakh shares changed hands on the NSE during the day.

Jubilant FoodWorks yesterday reported a 75.88 per cent fall in standalone net profit at Rs 6.71 crore for the fourth quarter ended March 31.

The company -- which operates Domino's and Dunkin' Donuts outlets in India -- attributed negative same store growth (SSG) and increase in cost on account of expansion for fall in earnings before interest, tax, depreciation and amortisation (EBITDA).
Jubilant FoodWorks had posted a net profit of Rs 27.83 crore in the corresponding period of the previous fiscal.
Its total income stood at Rs 616.35 crore for the quarter under review, down marginally from Rs 620.97 crore in the same period a year ago, the company said in a BSE filing.