Jubilant FoodWorks tanks 13% after over 75% fall in Q4 net profit

During the quarter, it also reported exceptional cost of Rs 12.17 cr related to one time separation

Shares of Jubilant FoodWorks cracked 13% after the company on Monday reported a 75.88% fall in standalone net profit at Rs 6.71 crore for the fourth quarter ended March 31, 2017. 

The company - which operates Dominos 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).

Reacting to its earnings, the stock tanked as much as 135 to Rs to Rs 817.60 on the BSE, but was still over 7% above its 52-week low of Rs 761, hit on