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Jubilant Foodworks shares crash 8% after Domino's India operator's Q4 results. What spooked investors?
Jubilant Foodworks shares dropped significantly after its fourth-quarter results. The Domino's India operator reported a profit rise but faced headwinds. Brokerages have reduced their target prices for the stock. Concerns include rising costs and slower growth. The company mentioned temporary LPG supply issues impacting operations. Analysts expect near-term pressure on the stock.
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economictimes.indiatimes.com
Jubilant FoodWorks Q4 Results: Domino's parent net profit jumps 67% to Rs 82 crore
Its consolidated revenue from operations in the fourth quarter was Rs 2,499.46 crore against Rs 2,095.02 crore in the year-ago period, it added.
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thehindubusinessline.com
Jubilant FoodWorks consolidated net profit up 67% in Q4
Jubilant FoodWorks reports a 67% rise in Q4 net profit, despite muted Domino’s India growth amid industry challenges.
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Jubilant Foodworks shares crash 8% after Domino's India operator's Q4 results. What spooked investors?
Jubilant Foodworks shares dropped significantly after its fourth-quarter results. The Domino's India operator reported a profit rise but faced headwinds. Brokerages have reduced…