Jubilant FoodWorks shares jump 9%:

Jubilant_FoodWorks

Jubilant FoodWorks share price jumped over 9 percent on July 22 after the company beat analyst expectations to report a net profit of Rs 63 crore for the June quarter (Q1FY22) against a net loss of Rs 74 crore during the corresponding period in FY21.

Jubilant FoodWorks’ revenue from operations in the Q1 FY22 stood at Rs 879 crore, a growth of over 131 percent over the same period last year. In the year-ago period, the company reported Rs 388 crore revenue from operations.

News Source:- Moneycontrol

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