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IDBI Capital Report
Jubilant Foodworks Ltd. has reported above expected result for Q2 FY21.
The company witnessed strong recovery in revenue (compared to last year) from 70% in July 2020 to 92% in September 2020 and 96% in October 2020.
This was driven by faster recovery in delivery and takeaway channel.
To further improve convenience in takeaway channel; the company has launched drive and pick facility during Q2 FY21 (customer’s won’t have to step-out from their cars).
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