Jubilant FoodWorks rallies 5%, hits record high post Q4 results

The company witnessed around 90 per cent recovery in both April and May versus pre-COVID levels, despite dine-in being minimal

Shares of Jubilant FoodWorks rallied 5 per cent to hit a record high of Rs 3,331.85 on the BSE in intra-day on Wednesday after the company reported over three-fold jump in its consolidated net profit at Rs 105.30 crore for the fourth quarter ended March 2021 (Q4FY21). It had reported a profit of Rs 32.53 crore in the year-ago quarter.

Jubilant FoodWorks operates fast-food chains Domino's Pizza and Dunkin' Donuts. The board has recommended a final dividend of Rs 6 per equity share i.e. 60 per cent of the face value of Rs 10 each for the financial year 2020-21.