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Jubilant FoodWorks Ltd Q1FY22 consolidated PAT slips QoQ to Rs. 69.51 crores



Posted On : 2021-07-21 15:27:27( TIMEZONE : IST )

Jubilant FoodWorks Ltd Q1FY22 consolidated PAT slips QoQ to Rs. 69.51 crores

Jubilant FoodWorks Ltd has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.901.35 crores during the period ended June 30, 2021 as compared to Rs.1050.77 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.69.51 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.105.41 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.5.27 for the period ended June 30, 2021 as compared to Rs.7.99 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 901.35 crs₹ 1050.77 crsDown Tick -14.22%
Net Profit₹ 69.51 crs₹ 105.41 crsDown Tick -34.06%
EPS₹ 5.27₹ 7.99Down Tick -34.04%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.901.35 crores during the period ended June 30, 2021 as compared to Rs.401.33 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.69.51 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(73.89) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.5.27 for the period ended June 30, 2021 as compared to Rs.(5.60) for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 901.35 crs₹ 401.33 crsUp Tick 124.59%
Net Profit₹ 69.51 crs₹ (73.89) crsUp Tick 194.07%
EPS₹ 5.27₹ (5.60)Up Tick 194.11%

Commenting on the performance for Q1 FY22, Mr. Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant Foodworks Limited said, "Q1 FY22 was one of the most challenging quarters with the sudden onslaught of the second wave of the pandemic. Given the severity of the situation, our most important priority during the quarter was to support our employees and their families. We are extremely proud of the manner in which the team came together to deliver a strong and resilient performance. With vaccinations well under way, we believe that the worst is behind us and we are confident of delivering strong, sustained growth in the periods ahead."

Commenting on the performance for Q1 FY22, Mr. Pratik Pota, CEO and Wholetime Director, Jubilant Foodworks Limited said, "Q1 FY22 was a true test of character and I am pleased with our gritty performance. Led by growth in our own digital assets and the Delivery channel, our overall revenues grew by a strong 131.1%. A disciplined control on costs led to healthy EBITDA margins. Our business model has emerged stronger from the pandemic and we are looking ahead with optimism, confident of delivering hyper growth and transforming into a food-tech powerhouse."

Shares of Jubilant FoodWorks Ltd was last trading in BSE at Rs. 3074.15 as compared to the previous close of Rs. 3083.4. The total number of shares traded during the day was 16211 in over 3160 trades.

The stock hit an intraday high of Rs. 3096.9 and intraday low of 3025. The net turnover during the day was Rs. 49536773.

Source : Equity Bulls

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