Releasing the quarterly results on Friday, Sapphire Foods said that the profit in the fourth quarter of FY2023 has seen a growth of 411.2 percent. This means that the company has earned a profit of Rs 135.48 crore as compared to the same quarter last year.
He has earned crores of rupees by feeding pizza and burgers to the people of the country. This company is none other than Sapphire Foods. Which operates stores like Pizza Hut and KFG in the country. During the March quarter, Sapphire Foods has earned more than 411 percent profit from both. On the other hand, there has been a boom in the revenue as well. There has been an increase of about 13 percent in the company's revenue. Let us also tell you what kind of figures have been presented by the company for the March results.
Profit of more than Rs 135 crore
Releasing the quarterly results on Friday, Sapphire Foods said that the profit in the fourth quarter of FY2023 has seen a growth of 411.2 percent. This means that the company has earned a profit of Rs 135.48 crore as compared to the same quarter last year. Whereas in the same quarter last year, the company had earned a profit of only Rs 26.50 crore. Talking about the revenue front, the company's revenue has increased by 12.8 percent to Rs 560.41 crore in the March quarter, which was Rs 496.83 crore in the same quarter last year. The Ebitda of the company has declined by 1.5 per cent on an annual basis to Rs 98.2 crore.
Company stock decline
After the quarterly results, there is a decline in the shares of the company. There is a decline of 2 percent in the shares of Sapphire Foods, due to which the shares of the company have come down to Rs.1275.80. By the way, during the trading session, the shares of the company had gone up to Rs 1263.05. By the way, today the company's stock opened at Rs 1301.90 and during the trading session also reached the day's high with Rs 1333.50. The company's stock had closed at Rs 1301.85 a day earlier.
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