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Jubilant FoodWorks shares jump nearly 5% after fourth quarter earnings
The stock rose by 4.92 per cent to ₹3,331.85 -- its 52-week high -- on the BSE. At the NSE, it jumped 4.93 per cent to its one-year peak of ₹3,332.70.
Shares of Jubilant FoodWorks Ltd on Wednesday zoomed nearly 5 per cent after the company reported over three fold jump in its consolidated net profit for the fourth quarter ended March 2021.
The stock rose by 4.92 per cent to ₹3,331.85 -- its 52-week high -- on the BSE.
At the NSE, it jumped 4.93 per cent to its one-year peak of ₹3,332.70.
Jubilant FoodWorks Ltd, which operates fast-food chains Domino's Pizza and Dunkin' Donuts, on Tuesday reported over three fold jump in its consolidated net profit at ₹105.30 crore for the fourth quarter ended March 2021.
The company had posted a net profit of ₹32.53 crore in the January-March quarter a year ago, Jubilant FoodWorks Ltd (JFL) said in a regulatory filing.
Its revenue from operations was at ₹1,037.85 crore, up 14.21 per cent, during the quarter under review, as against ₹908.75 crore in the corresponding quarter of fiscal year 2019-20.
Meanwhile, in a separate fling, JFL informed its board in their meeting held on Tuesday approved recommendation of a final dividend of 60 per cent, which is ₹6 per equity shares of the face value of ₹10 each for the financial year 2020-21.
