Latest News | Jubilant Foodworks Shares Fall over 7 Pc on Q2 Earnings

New Delhi, Nov 9 (PTI) Shares of Jubilant Foodworks declined over 7 per cent on Wednesday as the company's september quarter earnings failed to cheer investors.

The stock tumbled 7.55 per cent to close at Rs 566.45 apiece on the BSE.

Also Read | Manchester City vs Chelsea, Carabao Cup 2022-23 Free Live Streaming Online & Match Time in India: How To Watch Carabao Cup Match Live Telecast on TV & Football Score Updates in IST?.

On the NSE, it dipped 7.30 per cent to end at Rs 568 per piece.

In volume terms, 7.08 lakh shares were traded on the BSE and over 1.37 crore units on the NSE during the day.

Also Read | Arsenal vs Brighton and Hove Albion, Carabao Cup 2022-23 Free Live Streaming Online & Match Time in India: How To Watch Carabao Cup Match Live Telecast on TV & Football Score Updates in IST?.

Jubilant FoodWorks, operator of fast-food chains Domino's Pizza and Dunkin' Donuts, on Tuesday reported a 9.76 per cent increase in its consolidated net profit at Rs 131.52 crore for the second quarter ended on September 30, 2022.

The company had posted a net profit of Rs 119.82 crore in the July-September quarter a year ago, Jubilant FoodWorks Ltd (JFL) said in a regulatory filing.

Its revenue from operations during the quarter under review was at Rs 1,301.48 crore, up 16.6 per cent, as against Rs 1,116.18 crore of the corresponding period last year.

The 30-share BSE Sensex benchmark ended 151.60 points or 0.25 per cent lower at 61,033.55 points on Wednesday.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)