Jubilant FoodWorks rose 2.42% to Rs 1,642.25 at 15:03 IST on BSE after the company's net profit rose 124.7% to Rs 48.50 crore on 9.20% increase in net sales to Rs 726.60 crore in Q2 September 2017 over Q2 September 2016.
The result was announced during trading hours today, 26 October 2017.Meanwhile, the S&P BSE Sensex was up 33.33 points, or 0.10% to 33,075.83.
On the BSE, 5.53 lakh shares were traded in the counter so far, compared with average daily volumes of 71,757 shares in the past one quarter. The stock had hit a high of Rs 1,717.20 so far during the day, which is also a record high for the counter. The stock had hit a low of Rs 1,567 so far during the day. The stock hit a 52-week low of Rs 761 on 26 December 2016.
The stock had outperformed the market over the past one month till 25 October 2017, rising 15.29% compared with 4.57% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 25.41% as against Sensex's 2.04% rise. The scrip had also outperformed the market in past one year, rising 51.45% as against Sensex's 18.70% rise.
The large-cap Domino's Pizza chain operator has equity capital of Rs 65.98 crore. Face value per share is Rs 10.
Jubilant FoodWorks' earnings before interest, taxes, depreciation and amortization (EBITDA) rose 59% to Rs 102.20 crore in Q2 September 2017 over Q2 September 2016.
The company's same store growth (SSG) was reported at 5.5% in Q2 September 2017 compared with a growth of 4.2% in Q2 September 2016.
Shyam S. Bhartia, chairman and Hari S. Bhartia, co-chairman, Jubilant FoodWorks said that a combination of mid-single digit same store sales growth and disciplined cost management led to another solid performance in Q2 September 2017.
Jubilant FoodWorks is one of India's largest food service company, with a network of 1126 Domino's Pizza restaurants across 264 cities (as of 26 October 2017). The Company & its subsidiary have the exclusive rights to develop and operate Domino's Pizza brand in India, Sri Lanka, Bangladesh and Nepal. At present it operates in India and Sri Lanka. The Company also has exclusive rights for developing and operating Dunkin' Donuts restaurants for India and has 50 Dunkin' Donuts restaurants across 12 cities in India (as of 26 October 2017).
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