Jubilant FoodWorks fell 6.03% to Rs 1,075 at 14:14 IST on BSE after net profit fell 1.46% to Rs 21.56 crore on 13.44% increase in total income to Rs 669.82 crore in Q2 September 2016 over Q2 September 2015.
The result was announced during trading hours today, 26 October 2016.Meanwhile, the BSE Sensex was down 218.10 points, or 0.78%, to 27,873.32.
On BSE, so far 2.61 lakh shares were traded in the counter, compared with average daily volume of 64,502 shares in the past one quarter. The stock hit a high of Rs 1,185 and a low of Rs 1,063 so far during the day. The stock hit a 52-week high of Rs 1,572.45 on 1 December 2015. The stock hit a 52-week low of Rs 896.65 on 12 February 2016. The stock had outperformed the market over the past 30 days till 25 October 2016, rising 19.34% compared with 0.72% decline in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 3.01% as against Sensex's 0.24% rise.
The mid-cap India's largest food service company has equity capital of Rs 65.95 crore. Face value per share is Rs 10.
Jubilant FoodWorks said Domino's Pizza chain reported same store growth (SSG) of 4.2% in Q2 September 2016 compared with 3.2% in Q2 September 2015. SSG refers to the year-over-year growth in sales for restaurants in operation for 2 whole years.
Jubilant FoodWorks said revenues in Q2 September 2016 showed improvement on the back of enhanced volumes and positive same store sales growth driven by network extension into existing and new cities and towns; menu additions such as Burger Pizza and Pizza Mania Extremes; targeted promotional measures; and benefit of extensive online/mobile presence.
Jubilant FoodWorks is part of Jubilant Bhartia group and India's largest food service company, with a network of 1085 Domino's Pizza restaurants across 251 cities (as of 26 October 2016). The company & its subsidiary have the exclusive rights to develop and operate Domino's Pizza brand in India, Sri Lanka, Bangladesh and Nepal. At present it operates in India and Sri Lanka. The company also has exclusive rights for developing and operating Dunkin' Donuts restaurants for India and has launched 73 Dunkin' Donuts restaurants across 23 cities in India (as of 26 October 2016).
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
