Jubilant FoodWorks shares zoom nearly 7% even as Q2 PAT falls 31% YoY
- Posted on November 12, 2024
- By Business News Today
- 3 Views
Jubilant FoodWorks shares zoom nearly 7% even as Q2 PAT falls 31% YoY
Jubilant FoodWorks Share Price: Jubilant FoodWorks witnessed a surge in its shares despite a 31.5% YoY decline in profit, posting a PAT of Rs 66.53 crore. This growth was fueled by a 43% YoY increase in revenue, reaching Rs 1,954.70 crore. The company's strategic initiatives, including new store openings and a focus on delivery services, contributed to its positive performance despite market challenges.