Jubilant FoodWorks Ltd: September ’22 Results Update
Moneylife Digital Team 23 November 2022
Jubilant FoodWorks Ltd (JFL) reported strong quarterly performance in Q2FY22-23. Revenue was up by 16.57% y-o-y (year-on-year) and around 3.6% q-o-q (quarter-on-quarter) to Rs1,301 crore. Operating profit margin contracted by around 200bps (basis points), due to higher raw materials (cheese) prices. Its raw materials and beverage cost was up by 27.65% to Rs305.6 crore. Net profit margin also...
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Apar Industries: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Apar Industries (Apar) reported its highest-ever revenue in Q2FY22-23, driven by healthy exports, higher sales of premium products and volume growth. Sales grew by 42.5% y-o-y (year-on-year) and operating profit margin expanded by...
Devyani International: Sept ’22 Results Update
Moneylife Digital Team 22 November 2022
Sales of Devyani International (Devyani) in Q2FY22-23 were up by 44.76% y-o-y (year-on-year) and 6% q-o-q (quarter-on-quarter) to Rs 747 crore. The revenue growth was led by a combination of new store openings, pricing and volume...
Deepak Nitrite: September ’22 Results Update
Moneylife Digital Team 22 November 2022
Deepak Nitrite reported weaker numbers in Q2FY22-23. Revenue rose by 17% y-o-y (year-on-year) to Rs1,962 crore, driven by volume growth in advance intermediates and phenolics segment. However, growth was impacted due to a fire at...
Rainbow Children’s Medicare: September ’22 Results Update
Moneylife Digital Team 22 November 2022
Rainbow Children’s Medicare (RCM), which went public in April 2022, is a multi-specialty paediatric, obstetrics and gynaecology hospital chain which was earlier backed by the UK-based development finance institution—CDC...
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