Moneycontrol PRO
HomeNewsBusinessJubilant Foodworks Q2 PAT may dip 29% YoY to Rs 84.7 cr: Nirmal Bang

Jubilant Foodworks Q2 PAT may dip 29% YoY to Rs 84.7 cr: Nirmal Bang

Net Sales are expected to increase by 7 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs 1,376.8 crore, according to Nirmal Bang.

October 17, 2023 / 16:52 IST
Jubilant Foodworks

Jubilant Foodworks

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Nirmal Bang has come out with its second quarter (July - September’ 24) earnings estimates for the CONSUMER DISCRETIONARY sector. The brokerage house expects Jubilant Foodworks to report net profit at Rs 84.7 crore down 29% year-on-year (up 12.6% quarter-on-quarter).

Net Sales are expected to increase by 7 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs 1,376.8 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 5.3 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs 296 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Nirmal Bang_Consumer Discretionary

Broker Research
first published: Oct 17, 2023 04:52 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

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