Jubilant Foodworks will report its second-quarter results on Wednesday. Lets take a look at what the street is expecting this time around:
This is going to be a good quarter for Jubilant Foodworks. It seems like forgotten but in the previous quarter, there was the FIFA World Cup, which will aide their revenue. Add to that there was a low base in Q2 FY18.
More importantly, Navaratri, which is a low ordering period usually falls in Q2, this year has moved into Q3. So those things will result in the company posting good set of numbers. So total income seen higher by about 20.5 percent, Rs 875 crore is the mark that the street is watching out for.
On the topline, the company has gone on that cost cutting and EBITDA expansion spree. So 44 percent growth out there. A number around that Rs 150 crore mark would excite the street. 17 percent on the margins.
Net profit on the back of strong EBITDA growth and 20 percent revenue growth likely to be higher by 59 percent, Rs 78-80 crore is the number that the street is watching out for.
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