
Is Jubilant FoodWorks Limited Still a buy?
Jubilant FoodWorks’ Q2 results were better than expected. Even though profits fell by 2.2% YoY on account of one-time provisioning for investments, operating revenues grew by 12.1% YoY and EBITDA margins were higher by 50 basis points. The biggest winning point was the same-store sales growth which stood at 4.9% on an already higher base. […]