14709 Investors following Jubilant Food. Share this News with them.
0
Like this story, share it with millions of investors on M3
Jubilant Foodworks Q2 PAT seen up 38.4% at Rs 25.5 cr
Jubilant Foodworks is expected to report a profit after tax of Rs 25.5 crore in the second quarter of FY12, a growth of 38.4% as compared to Rs 18.43 crore in the corresponding quarter of last fiscal.
Jubilant Foodworks is expected to report a profit after tax of Rs 25.5 crore in the second quarter of FY12, a growth of 38.4% as compared to Rs 18.43 crore in the corresponding quarter of last fiscal.
Sales are likely to go up by 47.5% to Rs 241 crore from Rs 163.3 crore during the same period.
Operating profit margin is seen improving at 18.8% versus 18.18% year-on-year.
On quarter-on-quarter basis, the company's sales are seen going up by 11.1% and PAT is likely to go up by 10.4%.
Q2 Highlights
* High base for same store sales: Over 43% growth in Q2 last year & 37% in Q1
* On that base expect around 25% growth in Q2
* That's a slight moderation from the 35 - 40% same store growth company has been consistently posting
* Rest of the growth from new stores and pricing; expected addition of over 20 stores in Q2
* Management guidance is for 80 stores this year; Q1 saw addition of 14 stores to 392
* Margins would be higher on a YoY basis, but expect a slight contraction sequentially
* Rising milk/cheese prices and vegetables impacting margins
* YoY PAT growth slightly lower on the higher tax rate (YoY); at 32% plus versus 19.5% last year (Benefit of accumulated losses are now behind)
