Jubilant FoodWorks, operator of Domino’s Pizza and Dunkin’ Donuts, went 5% up in net profit | business | Hindustan Times
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Jubilant FoodWorks, operator of Domino’s Pizza and Dunkin’ Donuts, went 5% up in net profit

business Updated: Aug 02, 2013 21:34 IST
HT Correspondent
HT Correspondent
Hindustan Times
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Jubilant FoodWorks that operates the Domino’s Pizza chain and Dunkin’ Donuts in India on Friday posted a 5% year-on-year increase in net profit to Rs 34 crore for the April-June first quarter.

Net sales during the quarter stood at Rs 396.5 crore, up by 26% compared with the same period of last fiscal.

“In Q1 FY14, we have continued to execute well on all our key areas such as brand development, menu innovation, and geographic growth, whilst successfully balancing solid cost discipline at all operational levels,” said Shyam S Bhartia, chairman and Hari S Bhartia, co-chairman, Jubilant FoodWorks Limited.

Jubilant FoodWorks will open 125 Domino’s Pizza and 18 Dunkin’ Donuts restaurants during the current financial year.