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23-May-2024

Jubilant Foodworks

OP up 24.58%


'For quarter ending March 2024, consolidated Net sales (including other operating income) of Jubilant Foodworks has increased 23.86% to Rs 1572.8 crore compared to quarter ended March 2023.  Operating profit margin has jumped from 19.62% to 19.73%, leading to 24.58% rise in operating profit to Rs 310.35 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 23.02% to 22.12%.   Purchase of finished goods cost fell from 1.56% to 1.07%.   Employee cost increased from 17.56% to 18.28%.   Other expenses rose from 38.16% to 38.75%.   

Other income rose 8% to Rs 21.33 crore.  PBIDT rose 23.36% to Rs 331.68 crore.  Provision for interest rose 115.96% to Rs 114.18 crore.  Loan funds rose to Rs 4,197.36 crore as of 31 March 2024 from Rs 2,553.74 crore as of 31 March 2023.  Inventories rose to Rs 409.89 crore as of 31 March 2024 from Rs 177.00 crore...



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