Tag: riseinnetprofit

Jubilant Foodworks on Tuesday reported a 395.5 percent year-on-year rise in its net profit to Rs 104.3 crore for the quarter ending March. The net profit of the company was predicted to be Rs 116.5 crore by the analysts. The company reported revenue from operations of Rs 1,025.9 crore for the reported quarter, up 14.3 percent on-year but slightly below Street’s estimates. The company’s board also approved a final dividend of Rs 6 per share for the financial year ended March 2021. The company’s earnings before interest, tax, depreciation, and amortization rose 47 percent year-on-year to Rs 249.2 crore. Some-store sales growth for Domino’s in the quarter stood at 11.8 percent as against negative 3.4 percent in the year-ago period. On a like-to-like basis, growth was at 15.1 percent as against negative 2.3 percent in the year-ago period. Read more

Shares of Siemens on Wednesday, gained 10 percent, hitting a new high of Rs 2,143.20, on the BSE in intra-day trade after the company reported a strong set of numbers for the quarter ended March 2021. The Company reported a 90 percent rise in consolidated net profit at Rs 334.4 crore for the March quarter, mainly on the back of higher revenues.The consolidated net profit of the company stood at Rs 175.7 crore in the quarter ended March 31, 2020. Total income rose to Rs 3,540 crore in the March quarter from Rs 2,722.1 crore in the same period a year ago. Earnings before interest, taxes, depreciation and amortization (EBITDA) doubled to Rs 440 crore from Rs 220 crore, aided by lower employee costs and other expenses. Read more