Jubilant FoodWorks Q2 net profit flat at Rs 21.6 crore

NEW DELHI: Jubilant FoodWorks reported a Q2 net profit of Rs 21.6 crore for the quarter ended September 30, which was below the Rs 27.6 crore estimate that analysts had made in an ETNow poll.

The company had reported a net profit of Rs 21.88 for the corresponding quarter of last financial year and Rs 18.99 crore for the previous quarter.

Net sales rose 13.2 per cent on a year-on-year basis to Rs 665 crore, which was slightly below Street estimate of Rs 658 crore. The company had reported net sales of Rs 587.29 crore for the year-ago period.