Jubilant FoodWorks Q3 Net declines 10.9 pc to Rs 33.59 crore

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Jubilant FoodWorks reported 10.9 per cent decline in standalone. Reuters Jubilant FoodWorks reported 10.9 per cent decline in standalone. Reuters
SummaryJubilant FoodWorks reported 10.9 per cent decline in standalone...

Jubilant FoodWorks today reported 10.9 per cent decline in standalone net profit at Rs 33.59 crore for the quarter ended December 31, 2013.

The company had reported a standalone net profit of Rs 37.70 crore in the October-December quarter of the previous fiscal.

Net sales rose to Rs 456.51 crore during the quarter under review from Rs 385.08 crore in the year-ago period, Jubilant FoodWorks said in a filing with the BSE.

The company's expenses during the quarter increased to Rs 408.76 crore as against Rs 331.97 in the year-ago period.

Shares of the company closed at Rs 1,095 per scrip, up 1.45 per cent, on the BSE.

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