Jubilant Foodworks Q2 FY24 results revealed as profit falls by 26.1% YOY

Jubilant Foodworkd Q2 FY24 results are going to be covered today. In this article, we are going to talk about the Jubliant Foodworks Q2 FY24 results. The company has recently released the results. In the results, we all have seen the profit has now fallen by 26.1% YoY. The results have shown that the revenue has increased by 5.16% YoY and the profit has increased by 26.1% YoY. The results are shocking as this growth was unexpected. The results have shown many shocking things which has sent surprising shockwaves in the entire market. To know everything regarding the Jubilant Foodworks Q2 FY24 results.

 

Jubilant FoodWorks

Jubilant Foodworks Q2 FY24 results

On 25th October 2023, Friday, Jubilant Foodworks announced the official Q2 FY24 results. Results have shown that the topline has increased by 5.16% and it has shown that the profit has increased by 26.1% YoY. If it is compared to the last quarter the revenue was seen to grow by 2.55% and the profit increased by 236.14%. In which the selling, general, and administration expenses have seen a rise of 2.62% QoQ and increased by 12.91% YoY. The results have also shown that the operating income has fallen by 3.43% QoQ and it has been seen decreasing by 31.39% YoY. Scroll down to the next paragraph of this article to learn more about the results.

According to the Jubilant Foodworks results the EPS is Rs. 1.47 for Q2 FY24 which has faced a decrease of 26.13% YoY. The company has also delivered a negative return of -1.25% in the last week and on the other hand, the company has delivered returns of 19.1 in the last 6 months and the TD returns are 3.53%. At this time the company has a market cap of Rs. 34837.52 crore and a 52-week high/low of Rs. 627.8 and Rs. 412.1 respectively. Continue reading this article till the last.

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Today out of 29 analysts have been seen covering up the company, 3 analysts have been seen giving a Strong Sell rating, and 4 analysts have been seen giving a Sell rating. 6 analysts have been seen giving the Strong Buy rating, 8 analysts have been seen giving the But rating and 8 analysts have been seen giving the Hold rating. The consensus recommendation as of today is on hold. Jubilant Foodworks Q2 FY24 revenue is Rs. 1368.63 crore. The Q2 FY24 profit/loss as per the Jubilant Foodworks is Rs. 97.2 crore. More details regarding the Jubilant Foodworks Q2 FY24 results will be shared very soon on this same site. so keep following techballad.

Prakash Israni
Prakash Israni

Prakash, the content creator for Techballad, has built a solid reputation for himself over the course of more than ten years of blogging