Jubilant Foodworks Q4 net profit rises multi-fold

 (20 second reading) Jubilant Foodworks Ltd (JFL) on Wednesday reported a multi-fold increase in its consolidated net profit to Rs 208.24 crore for the fourth quarter ended March 2024, helped by exceptional item gains.
The company, which operates fast-food chains – Domino’s Pizza and Dunkin’ Donuts, had posted a net profit of Rs 28.54 crore in the January-March quarter of the previous fiscal.
Its revenue from operations rose 23.85 per cent to Rs 1,572.79 crore during the quarter. It was Rs 1,269.84 crore in the year-ago period, it added.
Its profit before exceptional items and tax in the March quarter was Rs 54.86 crore against Rs 53.40 crore in the same period of FY23.