Advertisement

HindustanTimes Thu,18 Sep 2014

Jubilant FoodWorks Q1 income rises 20%

HT Correspondent, Hindustan Times  New Delhi, August 07, 2014
First Published: 23:39 IST(7/8/2014) | Last Updated: 23:43 IST(7/8/2014)

Jubilant FoodWorks, which operates the Domino’s Pizza and Dunkin’ Donuts chains in India, on Thursday reported a 20.25% year-on-year increase in total income to Rs. 476.8 crore during the April-June quarter of 2014-15 from Rs. 396.5 crore.

Advertisement

Net profit stood at Rs. 27.7 crore during this quarter. The profit is aligned with overall subdued consumption pattern coupled with inflationary impact on costs, opening of new Domino’s Pizza restaurants and development of the Dunkin’ Donuts brand.

“Our industry is consistently developing and we have been able to innovate, evolve and use our arsenal of skills to create a business model that revolves around building deeper connections, crafting authentic brand experiences and most importantly—customer satisfaction,” said Shyam S Bhartia, chairman and Hari S Bhartia, co-chairman Jubilant FoodWorks Ltd in a statement.

The company opened 35 new Domino’s Pizza restaurants during the April-June quarter of the current fiscal.

As on June 30, 2014, the total number of Domino’s Pizza restaurants stood at 761 while the number of Dunkin’ Donuts restaurants stood at 31.


Advertisement
more from Business

Rupee plunges 25 paise against dollar in early trade

The rupee fell by 25 paise to 61.17 against the US currency in early trade on Thursday at the Interbank Foreign Exchange market due to dollar's gains against other currencies overseas.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved