Moneycontrol PRO

business

Net at Rs 38-cr; consumer mood set to worsen: Jubilant

Noida-based Jubilant Foodworks announced a third-quarter profit Rs 37.7 crore (y-o-y) as compared to a net of Rs 29 crore in the same quarter last fiscal. Explaining to CNBC-TV18, after the announcement of the results, Ravi Gupta, CFO, Jubilant Foodworks says that consumer sentiment in economy has started to weaken and would continue to worsen.

first published: Feb 5, 2013 11:00 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347