Jubilant FoodWorks shares jump 6% as Jefferies stays bullish despite Q3 profit drop, maintains Rs 1,000 target

Shares of Jubilant FoodWorks surged nearly 6% on February 13, trading at ₹678.95, after analysts expressed optimism about the company’s growth trajectory despite a decline in profitability.

Key Q3 FY25 Financial Highlights:

  • Net Profit: ₹41 crore, down 33% YoY from ₹61 crore
  • Revenue from Operations: ₹1,611 crore, up 19% YoY from ₹1,355 crore
  • Margins Impact: Higher wage costs and raw material expenses affected profitability

Brokerage Views:

  • Citi (Target: ₹750) and Morgan Stanley (Target: ₹781) expect continued sales recovery, despite dine-in weakness.
  • Jefferies (Target: ₹1,000) remains bullish, citing double-digit Same-Store Sales Growth (SSSG) and strategic initiatives, including new product launches, faster deliveries, and discounting strategies.

The stock’s strong uptrend reflects investor confidence in Jubilant FoodWorks’ ability to sustain growth momentum, with a focus on expanding delivery services and menu innovation.


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