The planned sales comprise up to 13.2 million shares of Jubilant FoodWorks, 12 million shares of Jubilant Ingrevia, and 5.6 million shares of Jubilant Pharmova, sources told CNBC-TV18.
Jubilant FoodWorks operates popular quick-service restaurant chains like Domino’s Pizza and Dunkin’ in India. Jubilant Ingrevia specializes in life science ingredients and chemicals, while Jubilant Pharmova focuses on pharmaceuticals and contract research services.
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Positive Q4
Jubilant FoodWorks announced a remarkable 93% year-on-year (YoY) increase in standalone net profit, reaching ₹49.5 crore for the fourth quarter ending March 31, 2025. In the same quarter of the previous fiscal year, it recorded a net profit of ₹25.6 crore.
The CNBC-TV18 survey had anticipated a profit of ₹32 crore for Q4. The company’s standalone revenue from operations rose 19.1% to ₹1,587 crore, compared to ₹1,332.3 crore in the same period of the preceding fiscal.
Jubilant Ingrevia saw its consolidated net profit more than double to ₹74.05 crore in the March 2025 quarter, driven by lower expenses. Its net profit was ₹29.25 crore a year ago. However, the total income for Q4 decreased to ₹1,059.62 crore from ₹1,083.94 crore last year.
Also Read: Three essential factors for Jubilant FoodWorks to achieve a $10 billion market cap by FY30
The increase in net profit was primarily due to a reduction in total expenses to ₹957.87 crore from ₹1,032.54 crore. During the FY25 fiscal year, net profit rose to ₹251.17 crore, compared to ₹182.89 crore in the previous fiscal.
Shares of Jubilant FoodWorks Ltd closed at ₹665.75 on the BSE, declining by ₹20.10, or 2.93%, while Jubilant Ingrevia Ltd finished at ₹683.45, up by ₹4.80, or 0.71%. Jubilant Pharmova Ltd settled at ₹1,125, down ₹19.90, or 1.74%.
(Edited by : Shoma Bhattacharjee)
First Published: Jun 12, 2025 6:48 PM IST