Top Stories

Jubilant Foodworks' Q2FY24 Financial Performance Review

Oct 25, 2023

By: BlinkX Research Team

In this financial performance review, we delve into the results of Jubilant Foodworks for Q2FY24 and analyze key metrics, including revenue, expenses, net profit, and margin.

REVENUE: 
Jubilant Foodworks reported a total income of ₹1,375 crores for Q2FY24, displaying a steady 2.38% increase compared to the preceding quarter. Year-on-year, the company achieved moderate growth, with a 4.88% rise in total income.

EXPENSES: 
The company recorded expenses amounting to ₹1,290 crores in Q2FY24, representing a 3.37% increase compared previous quarter. When compared to Q2FY23, expenses showed an increase of 11.88%.

NET PROFIT: 
The net profit of Jubilant Foodworks for Q2FY24 was ₹98.78 crores, showcasing a substantial 200.7% increase compared to the preceding quarter. However, year-on-year, the company faced a significant challenge with a -37.8% decrease in net profit.

MARGINS: 
Jubilant Foodworks' margin in Q2FY24 was 7.18%. This figure reflects a notable 4.74% increase compared to the previous quarter when the margin was 2.45%. Year-on-year, the margin experienced a -4.93% change.

In conclusion, Jubilant Foodworks' financial performance in Q2FY24 showcases a strong quarter-on-quarter growth in net profit, while it faced challenges in the year-on-year comparison. 

Stay tuned for more detailed updates on Jubilant Foodworks' financial performance in the coming quarters.