Jubilant FoodWorks Ltd: September ’22 Results Update
Moneylife Digital Team 23 November 2022
Jubilant FoodWorks Ltd (JFL) reported strong quarterly performance in Q2FY22-23. Revenue was up by 16.57% y-o-y (year-on-year) and around 3.6% q-o-q (quarter-on-quarter) to Rs1,301 crore. Operating profit margin contracted by around 200bps (basis points), due to higher raw materials (cheese) prices. Its raw materials and beverage cost was up by 27.65% to Rs305.6 crore. Net profit margin also...
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