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

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.

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