Jubilant FoodWorks Q2 sales up 14.76% | business | Hindustan Times
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Jubilant FoodWorks Q2 sales up 14.76%

business Updated: Oct 31, 2014 16:02 IST
HT Correspondent
HT Correspondent
Hindustan Times

Jubilant FoodWorks Ltd, which operates Domino’s Pizza and Dunkin’ Donuts food chains, reported a 14.76% year-on-year rise in sales to Rs 501.08 crore during July-September against Rs 436.6 crore last year.

Net profit, however, fell 12.76% to Rs 29 crore during the quarter as expenses rose 18.5% to Rs 440.12 crore. “Our immediate goals have always been designed in unison with our long-term strategies. By this virtue, we sustained our momentum to develop and equip our brands with the requisite ammunition; we directed our capital spending towards leveraging existing assets and growing our infrastructure,” said Ajay Kaul, chief financial officer, Jubilant FoodWorks.