Profit

Jubilant Food Slumps; Same-store Sales Fall

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Shares in Jubilant Foodworks Ltd on Thursday slumped as much as 4.7 per cent to the lowest since June 20 after the company's June-quarter profit fell.

Traders cited special concerns about a fall of 2.4 per cent in same-store sales from a year earlier.

As of 3:09 p.m., shares in Jubilant were trading at Rs 1195.90 apiece on the BSE, down 3.24 per cent from the previous close.

(1 dollar = 61.3600 rupees)

Copyright @ Thomson Reuters 2014



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