Breaking News
Wednesday , August 23 2017
Home / Business / Jubilant FoodWorks reports 76% fall in Q4 net profit

Jubilant FoodWorks reports 76% fall in Q4 net profit

Jubilant FoodWorks has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a fall of 75.86% in its net profit at Rs 6.72 crore for the quarter ended March 31, 2017 as compared to Rs 27.83 crore for the same quarter in the previous year. Total income of the company decreased marginally by 0.74% at Rs 616.35 crore for quarter under review as compared to Rs 620.97 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a fall of 36.92% in its net profit at Rs 67.25 crore as compared to Rs 106.62 crore in FY16. However, total income of the company increased by 5.74% at Rs 2560.55 crore for quarter under review as compared to Rs 2421.54 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a drop of 40.37% in its net profit at Rs 57.77 crore as compared to Rs 96.89 crore in the previous year. However, total income of the company increased by 6.07% at Rs 2598.13 crore for year under review as compared to Rs 2449.55 crore for the year ended March 31, 2016.

Loading...

About editor

Close