Share the post "Jubilant Foodworks announced Financial Results Q1 2024"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 44.85 % in the past year, substantial increase in net sales/revenue by 22.91 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 83.47 %. Marginal decrease of -91.34% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jubilant Foodworks Limited. Notable increase of 100.66 % in net profit Year to Year, Jubilant Foodworks Limited’s profitability dropped by -72.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 93.18 % Year to Year. EPS decreased by -72.93 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1334.542 Cr | Rs. 1572.797 Cr | Rs. 1933.064 Cr | + 22.91 % | + 44.85 % |
| Expenses | Rs. 1099.53 Cr | Rs. 1262.44 Cr | Rs. 1552.64 Cr | + 22.99 % | + 41.21 % |
| Operating Profit | Rs. 235.01 Cr | Rs. 310.36 Cr | Rs. 380.42 Cr | + 22.57 % | + 61.87 % |
| OPM % | 17.61 % | 19.73 % | 19.68 % | -0.05 % | + 2.07 % |
| Other Income | Rs. 9.337 Cr | Rs. 197.704 Cr | Rs. 17.131 Cr | -91.34 % | + 83.47 % |
| Interest | Rs. 54.31 Cr | Rs. 114.18 Cr | Rs. 134.39 Cr | + 17.7 % | + 147.45 % |
| Depreciation | Rs. 135.72 Cr | Rs. 168.85 Cr | Rs. 183.54 Cr | + 8.7 % | + 35.23 % |
| Profit before tax | Rs. 54.32 Cr | Rs. 225.03 Cr | Rs. 79.62 Cr | -64.62 % | + 46.58 % |
| Tax % | 26.7 % | 7.36 % | 22.89 % | + 15.53 % | -3.81 % |
| Net Profit | Rs. 28.92 Cr | Rs. 208.25 Cr | Rs. 58.02 Cr | -72.14 % | + 100.62 % |
| EPS in Rs | Rs. 0.44 | Rs. 3.14 | Rs. 0.85 | -72.93 % | + 93.18 % |
Today, we’re looking at Jubilant Foodworks Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 44.85 %. However, it did see a marginal increase of 22.91 % from the previous quarter. Expenses ticked up slightly by 22.99 % quarter-on-quarter, aligning with the annual rise of 41.21 %. Operating profit, while up 61.87 % compared to last year, faced a quarter-on-quarter increase of 22.57 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.07 %, but a shrinkage of -0.05 % sequentially. Other income fell by -91.34 % compared to the last quarter, despite an annual growth of 83.47 %. Interest expenses surged remarkably by 17.7 % from the previous quarter, yet the year-over-year increase remains at a moderate 147.45 %. Depreciation costs climbed by 8.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35.23 %. Profit before tax grew annually by 46.58 % but saw a reduction from the preceding quarter by -64.62 %.
Tax expenses as a percentage of profits decreased slightly by -3.81 % compared to last year, with a more notable quarter-on-quarter increase of 15.53 %. Net profit rose by 100.62 % year-on-year but witnessed a -72.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 93.18 % but a quarterly fall of -72.93 %. In summary, Jubilant Foodworks Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1334.542 Cr | Rs. 1572.797 Cr | Rs. 1933.064 Cr | + 22.91 % | + 44.85 % |
| Expenses | Rs. 1099.53 Cr | Rs. 1262.44 Cr | Rs. 1552.64 Cr | + 22.99 % | + 41.21 % |
| Operating Profit | Rs. 235.01 Cr | Rs. 310.36 Cr | Rs. 380.42 Cr | + 22.57 % | + 61.87 % |
| Net Profit | Rs. 28.92 Cr | Rs. 208.25 Cr | Rs. 58.02 Cr | -72.14 % | + 100.62 % |
| EPS in Rs | Rs. 0.44 | Rs. 3.14 | Rs. 0.85 | -72.93 % | + 93.18 % |
In reviewing Jubilant Foodworks Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.85 % year-on-year growth, however, there was a minor increase of 22.91 % from the previous quarter. Expenses rose by 41.21 % compared to the previous year, with a 22.99 % increase quarter-on-quarter. Operating Profit surged by 61.87 % annually, and saw a 22.57 % increase from the last quarter.
Net Profit showed yearly increase of 100.62 %, and experienced a -72.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 93.18 % annually, however dipped by -72.93 % compared to the last quarter. In essence, while Jubilant Foodworks Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Jubilant Foodworks “]
