Jubilant FoodWorks Addresses Media Reports on LPG Dependency and Operations
Jubilant FoodWorks Limited issued a clarification regarding news reports published concerning its operations and potential impact from energy supply disruptions. The communication addressed a report in the Business World dated April 7, 2026, titled 'Jubilant FoodWorks Shares Drop 10% On Weak Same-store Growth, LPG Disruptions.'The report reportedly suggested that the weakness in the company was largely attributed to disruptions in commercial LPG supply, alleging that over 95 per cent of the company's outlets depend on LPG for operations.
Jubilant FoodWorks clarified that the percentage cited in the report did not originate from any disclosure, statement, or communication made by the company, and should not be considered the company's official position, guidance, or representation. The company stated that the proportion of stores dependent on LPG for operations is lower and is in a progressive state of reduction through a move towards alternate energy sources.
Previously, the company had issued a business update regarding LPG supply constraints affecting certain parts of its store network, limiting the operational impact during Q4'FY26. However, the company further reported that the availability of energy supply has improved over the past weeks, and operations have now returned to normal levels.
The company expressed confidence in its core strengths and its ability to achieve strategic objectives. Jubilant FoodWorks stated that it remains well equipped to address short-term challenges while continuing to drive sustainable growth and creating long-term value for its shareholders, supported by strong fundamentals and a disciplined approach to execution.
Stock Price Movement
Jubilant FoodWorks Ltd finished Tuesday's session at ₹412.70, falling 10.54% in after-hours trading. The shares moved throughout the day, testing a low of ₹409.85 while reaching a high of ₹441.25.Source:
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