The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery
Topics
Jubilant Foodwork | Inflation | Q1 results
Jubilant FoodWorks declared steady April-June quarter results for the 2022-23 financial year (Q1FY23), but inflation impacted margins and profits. The revenue was up 41 per cent year-on-year (YoY) and 7 per cent quarter-on-quarter (QoQ) to Rs 1,240 crore, which is up 32 per cent versus pre-Covid-19 level of Q1FY20. The like-for-like growth was 28 per cent. The Ebitda was Rs 304 crore, up 44 per cent YoY, with the Ebitda margin at 24.6 per cent, which is down 45 basis points QoQ due to serious raw material inflation.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Already a premium subscriber? LOGIN NOW
SUBSCRIBE TO INSIGHTS
What you get on Business Standard Premium?
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
First Published: Fri, July 29 2022. 21:06 IST
