Jubilant Foodworks has received the following credit ratings from India Rating and Research:Term Loan (Rs 200 crore) - IND AA+/Stable (Affirmed) Proposed workinq Capital limit (Rs 100 crore) - IND AA+/Stable/ IND A 1 + (Affirmed)Term Loan (Rs 110 crore) - IND AA+/Stable (Assiqned)Proposed working capital limit (Rs 140 crore) - IND AA+/Stable/IND A1+ (Assiqned) Powered by Capital Market - Live News

Net profit of Jubilant Foodworks declined 18.23% to Rs 65.71 crore in the quarter ended December 2023 as against Rs 80.36 crore during the previous quarter ended December 2022. Sales rose 3.48% to Rs 1378.12 crore in the quarter ended December 2023 as against Rs 1331.82 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1378.121331.82 3 OPM %20.3321.50 - PBDT237.35244.05 -3 PBT85.84111.46 -23 NP65.7180.36 -18 Powered by Capital Market - Live News

Jubilant FoodWorks has approved making further investments of upto Rs. 25 crore (or its equivalent in Euro) in Jubilant Foodworks Netherlands B.V. (JFN), wholly owned subsidiary of the Company. The proposed investment in JFN will be utilised primarily towards funding the interest payments on credit facilities availed by JFN from The Hongkong and Shanghai Banking Corporation for acquisition of stake in DP Eurasia N.V. and general corporate purposes. Powered by Capital Market - Live News

Jubilant Foodworks will hold a meeting of the Board of Directors of the Company on 31 January 2024.Powered by Capital Market - Live News

The Board of Jubilant Foodworks at its meeting held on 19 December 2023 approved the appointment of Suman Hedge as the Executive Vice President and Chief Financial Officer of the Company. She is also designated as the Key Managerial Personnel of the Company. The appointment is effective 01 March 2024.Powered by Capital Market - Live News