Jubilant

Jubilant’s sales grows 47.1 per cent to Rs 240 crore

Jubilant’s sales grows 47.1 per cent to Rs 240 crore Jubilant Foodworks has recorded an impressive 47.1 per cent growth in sales to Rs 240 crore in the second quarter of the year.

Sales grew 53 per cent to Rs 457 crore in the first half of eh financial year. It's profit after tax was recorded at a modest Rs 23.67 crore for the largest and fastest growing food services company in the country.

Jubilant Makes an Important Deal with US firm

Jubilant Makes an Important Deal with US firmAs per reports, Jubilant Life Sciences officials claimed that they recently made an important deal with the industrialized US pharmaceutical firm.

Giving some more details about the signed bond, the officials affirmed that the deal would certainly be aimed at manufacturing an OTC product in women physical condition and individual care segment.

However, the officials were forced to take this innovative step after the nation's health data revealed that just because of proper health care product delivery, majority of the women suffered from fatal health complications.

Jubilant FoodWorks gets listed on Exchanges

JubilantJubilant Foodworks made a positive debut on the stock exchanges on Monday after its issue was heavily subscribed by the investors.

Jubilant has the franchise to runs the Domino's Pizza food chain in the county. Its shares opened at a 10 per cent premium over the issue price, at Rs 160.

On the NSE, the shares were trading at Rs 195 at 09.30 am which is about 35% higher than the issue price of Rs 145. Jubilant's shares on the Bombay Stock Exchange rose to Rs 198 after opening at Rs 161.60.

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