InvestorQ : Can you give me a quick update on the quarterly results of Havells and Jubilant Foods?
swati Bakhda made post

Can you give me a quick update on the quarterly results of Havells and Jubilant Foods?

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Sam Eswaran answered.
5 months ago
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Those were the two important numbers on Wednesday. Let us talk about Havells first. Havells posted 269% growth in net profits for the Jun-21 quarter at Rs.236 crore. At the same time, the total sales revenues were up 76% growth at Rs.2,610 crore as demand recovered sharply. Growth in Havells on a Yoy basis was predominantly driven by the Lloyds Consumer business growing 63%, cables 75% and electrical goods growing a whopping 91%.

The franchises for the highly popular Domino’s Pizza and Dunkin Donuts, Jubilant Foodworks, also reported stellar numbers with a turnaround performance in the Jun-21 quarter. Jubilant Foods reported net profit of Rs.63 crore for Jun-21 quarter, turning around from a net loss of Rs.76 crore last year. Same store sales, a key metrics for Domino’s Pizza, grew by 114% in Q1. Food delivery vertical growing at 124%, offset weak dine-in sales.

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