1:1 bonus by FoodWorks,have good Q4 results

Shares of Jubilant FoodWorks are high of Rs 2,668/share, up 2% on the BSE, came back 5% from its intra-day low after the company reported more than 10 times jump in net profit at Rs 681 million in Mar',2018 quarter (Q4FY18), that was Rs 67 million last year same quarter. Operational Revenue during the quarter grew 27% year on year (y-o-y) at Rs 7,798 million against Rs 6,128 million in the corresponding quarter of previous fiscal. EBITDA (earnings before interest, tax, depreciation and amortization) with 650 bps margin improvement from 9.9% in Q4FY17 to 16.4% in Q4FY18.

Initiatives taken in the last year like the launch of All New Domino’s, Every Day Value and sharp focus on Digital sales drove strong growth for the company, Domino’s Pizza in the quarter led to same store growth(SSG) 26.5% a six-year high. These initiatives provided customers attractive value for money. Also high growth in online sales also contributed to overall growth, online sales contributed 63% of delivery sales, up gradation of product by Domino's, as per Jubilant FoodWorks.

Board has declared issue of 1 bonus share for every 1 equity share, in the ratio 1:1 of the shareholders of the company on record date. It also provided dividend of Rs 5 per equity share of Rs 10 each.

The trading volumes on the counter jumped more than seven-fold with a combined 4.12 million shares changed hands on the NSE and BSE so far.

Bench Mark Index (BMI) in last one year, surged by 157% from 18% rise earlier. Ref. : http://www.business-standard.com/article/markets/jubilant-foodworks-hits-new-high-on-good-q4-results-1-1-bonus-118050800424_1.html --- Dated: May'08,2018