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Jubilant FoodWorks Q3 net rises 7.5% to Rs 133 cr; board OKs stock split

The board of directors has approved and recommended for approval of shareholders, the sub-division of equity shares from face value of Rs 10 each to face value of Rs 2 each

Analysts at Spark Capital expect Jubilant to gain share from both the organised and unorganised players in the Indian food service industry backed by a solid franchise and entrenched brand equity.
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Shares of Jubilant FoodWorks Ltd on Wednesday settled at Rs 3,301.25 apiece on the BSE, down 4.04 per cent from the previous close

Press Trust of India New Delhi
Jubilant FoodWorks Ltd (JFL), which operates quick service restaurant (QSR) chains like Domino's Pizza and Dunkin' Donuts, on Wednesday reported a 7.48 per cent increase in its consolidated net profit to Rs 133.19 crore for the third quarter ended December 2021.

The company had posted a net profit of Rs 123.91 crore in the corresponding quarter last year, JFL said in a BSE filing.

Its revenue from operations during October-December 2021 stood at Rs 1,210.77 crore, a jump of 13.23 per cent as compared with Rs 1,069.27 crore in the year-ago period.

"The growth was driven by an improved recovery

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