Jubilant Foodworks Q4 Results 2024: Net Profit Jumps Seven-Fold

Particulars

31st March 2024

31st December 2023

31st March 2023

I. Income

Revenue from operations

15,727.97

13,781.17

12,698.47

Other income

213.29

41.56

197.52

Total Income

15,941.26

13,822.73

12,895.99

II. Expenses

Cost of raw materials consumed

3,471.52

3,103.32

2,909.56

Purchase of traded goods

167.86

190.38

196.67

Changes in inventories of material-in-progress and traded goods

34.07

(49.27)

58.54

Employee benefit expenses

2,868.89

2,598.18

2,219.17

Finance costs

1,141.76

624.34

528.70

Depreciation and amortization expenses

1,688.51

1,515.05

1,315.48

Other expenses

6,082.14

5,137.43

4,823.41

Total expenses

15,454.75

13,119.43

12,051.53

III. Profit before share of net profit/loss of associates and tax (I - II)

486.51

703.30

844.46

IV. Share of net profit/loss of associates 

62.10

155.10

(310.45)

V. Profit before exceptional items and tax (III + IV)

548.61

858.40

534.01

VI. Exceptional items (Refer Note 7)

1,701.65

-

-

VII. Profit before tax (V + VI)

2,250.26

858.40

534.01

VIII. Tax expense

Current tax expense

139.75

262.11

221.59

Deferred tax expense (credit)

21.27

(60.80)

27.00

Total tax expense

161.02

201.31

248.59

IX. Profit from continued operations (VII-VIII)

2,089.24

657.09

285.42

X. Loss from discontinued operations

(6.79)

-

-

XI. Profit for the period/year (IX+X)

2,082.45

657.09

285.42

XII. Other comprehensive income or expenses

i) a) Items that will not be reclassified to profit or (loss)

(619.53)

(290.35)

(1,221.60)

b) Share of other comprehensive income or expenses of associates 

(11.27)

(3.56)

(9.85)

c) Income tax relating to items that will not be reclassified to profit or loss

71.21

36.04

144.20

ii) a) Items that will be reclassified to profit or (loss)

29.86

(79.74)

(2.44)

b) Share of other comprehensive income or expenses of associates 

(84.62)

121.48

309.17

Total other comprehensive income (expense), net of tax

(614.35)

(216.13)

(780.52)

XIII. Total comprehensive income (expense), net of tax for the period/year (XI + XII)

1,468.10

440.96

(495.10)

Profit or loss for the period/year attributable to:

Owners of the parent

2,075.16

657.09

285.42

Non-controlling interest

7.29

-

-

2,082.45

657.09

285.42

Other comprehensive income/(expense) attributable to:

Owners of the parent

(611.89)

(216.13)

(780.52)

Non-controlling interest

(2.46)

-

-

(614.35)

(216.13)

(780.52)

Total comprehensive income (expense) attributable to:

Owners of the parent

1,463.27

440.96

(495.10)

Non-controlling interest

4.83

-

-

1,468.10

440.96

(495.10)

Paid-up equity share capital (par value of INR 2 each fully paid)

1,319.69

1,319.69

1,319.69

Other equity

Earnings per equity share (par value of INR 2 each) (not annualised)

From continuing operations

i) Basic (in INR)

3.15

1.00

0.43

ii) Diluted (in INR)

3.15

1.00

0.43

From discontinuing operations

i) Basic (in INR)

(0.01)

-

-

ii) Diluted (in INR)

(0.01)

-

-

Particulars

As of March 31, 2024

As of March 31, 2023

ASSETS

Non-current assets

Property, plant and equipment

19,832.96

13,597.96

Right to use Asset

22,405.19

20,143.41

Capital work-in-progress

924.96

1,598.81

Investment property

0.34

0.34

Intangible assets

11,893.61

1,140.59

Goodwill

7,706.44

-

Intangible assets under development

252.67

239.05

Financial assets:

(i) Investments

2,101.86

6,977.69

(ii) Trade receivables

43.61

-

(iii) Other financial assets

2,051.58

1,340.74

Deferred tax assets (Net)

881.55

742.93

Assets for current tax (Net)

319.12

208.08

Other non-current assets

1,278.54

973.55

TOTAL (A)

69,692.43

46,963.15

Current assets

Inventories

4,098.92

1,769.99

Financial assets:

(i) Investments

978.41

1,240.39

(ii) Trade receivables

2,650.74

287.31

(iii) Cash and cash equivalents (includes fixed deposits)

1,313.90

298.79

(iv) Bank balances other than cash and cash equivalents

255.62

2,270.32

(v) Other financial assets

165.75

11.06

Other current assets

2,101.21

980.26

TOTAL (B)

11,564.55

6,858.12

TOTAL ASSETS = (A + B)

81,256.98

53,821.27

EQUITY AND LIABILITIES

Equity

Equity share capital

1,319.69

1,319.69

Other equity

20,386.73

19,058.21

Equity attributable to equity holders of parent company

21,706.42

20,377.90

Non-controlling interest

725.91

-

TOTAL EQUITY (A)

22,432.33

20,377.90

Liabilities

Non-current liabilities

Financial liabilities:

(i) Borrowings

11,950.73

1,827.11

(ii) Lease liabilities

24,030.08

21,317.13

(iii) Other financial liabilities

809.81

9.50

Deferred tax liabilities (Net)

2,494.12

-

Other non-current liabilities

370.19

-

TOTAL (B)

39,654.93

23,153.74

Current liabilities

Financial liabilities:

(i) Short term borrowings

3,022.36

-

(ii) Trade payables

(a) total outstanding dues of micro enterprises and small enterprises

351.75

327.20

(b) total outstanding dues of creditors other than micro enterprises and small enterprises

8,864.71

5,286.76

(iii) Other payables

157.49

83.10

(iv) Lease liabilities

2,970.38

2,393.14

(v) Other financial liabilities

1,246.67

903.74

Short-term provisions

796.38

419.22

Current Tax Liabilities (Net)

2.60

2.86

Other current liabilities

1,757.38

873.61

TOTAL (C)

19,169.72

10,289.63

TOTAL EQUITY AND LIABILITIES = (A + B + C)

81,256.98

53,821.27