The proposed sales include up to 13.2 million shares of Jubilant FoodWorks, 12 million shares of Jubilant Ingrevia, and 5.6 million shares of Jubilant Pharmova, sources in the know told CNBC-TV18.
Jubilant FoodWorks operates popular QSR chains like Domino’s Pizza and Dunkin’ in India. Jubilant Ingrevia is involved in life science ingredients and chemicals, while Jubilant Pharmova is focused on pharmaceuticals and contract research services.
Also Read: Jubilant FoodWorks’ three-year plan: Korean buns, cheese tarts and a huge pizza!
Upbeat Q4
Jubilant FoodWorks reported a 93% year-on-year (YoY) spike in standalone net profit at ₹49.5 crore for the fourth quarter that ended on March 31, 2025. In the corresponding quarter of the previous fiscal, it posted a net profit of ₹25.6 crore.
The CNBC-TV18 poll had predicted a profit of ₹32 crore for the Q4. The company’s standalone revenue from operations increased 19.1% to ₹1,587 crore against ₹1,332.3 crore in the corresponding period of the preceding fiscal.
Jubilant Ingrevia reported a more than twofold increase in its consolidated net profit to ₹74.05 crore in the March 2025 quarter on lower expenses. Its net profit stood at ₹29.25 crore in the year-ago period. The Q4 total income, however, fell to ₹1,059.62 crore from ₹1,083.94 crore a year ago.
Also Read: Three key things for Jubilant Foodworks to get to $10 billion market cap by FY30
The spike in net profit was due to a fall in total expenses to ₹957.87 crore from ₹1,032.54 crore. During the FY25 fiscal year, net profit increased to ₹251.17 crore from ₹182.89 crore in the preceding fiscal.
Shares of Jubilant FoodWorks Ltd closed at ₹665.75 on the BSE, down ₹20.10, or 2.93%, while Jubilant Ingrevia Ltd ended at ₹683.45, up ₹4.80, or 0.71%. Jubilant Pharmova Ltd settled at ₹1,125, down ₹19.90, or 1.74%.
(Edited by : Shoma Bhattacharjee)
First Published:Â Jun 12, 2025 6:48 PM IST
