While it is not binding on listed companies to announce such updates ahead of their financial results, which the board must approve of directors, some firms share their performance (largely in volume terms), indicating the demand trends during the period.
Jubilant FoodWorks operates fast food chains such as Domino’s, Popeyes and Dunkin’
Jubilant Foodworks on Monday offered a peek into its report card for the third quarter of this fiscal, a rare instance of a company disclosing details even before the official announcement of results.
Jubilant and Titan Company came out with upbeat quarterly updates on Monday,, sending their shares higher.
FMCG firm Dabur India said its consolidated revenues were expected to register low single-digit growth in the third quarter, which caused its shares to crash nearly 3.86 per cent.
While it is not binding on listed companies to announce such updates ahead of their financial results, which the board must approve of directors, some firms do share their performance (largely in volume terms), which indicates the demand trends during the period.
