Jubilant FoodWorks Q3 Net declines 10.9 pc to Rs 33.59 crore

Press Trust of India Posted online: Tuesday, Feb 04, 2014 at 0000 hrs
New Delhi : 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.