Jubilant foodworks net up 173%

Food service company Jubilant FoodWorks, the master franchisee of Domino’s Pizza International, reported a 173 per cent rise in its net profit at Rs 10.4 crore crore for Jan-March, 2010 over Rs 3.8 crore in the year-ago period. Total income for the quarter was Rs 124.1 crore, up 67.2 per cent from a year ago.

Food service company Jubilant FoodWorks, the master franchisee of Domino’s Pizza International, reported a 173 per cent rise in its net profit at Rs 10.4 crore crore for Jan-March, 2010 over Rs 3.8 crore in the year-ago period. Total income for the quarter was Rs 124.1 crore, up 67.2 per cent from a year ago.

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For financial year 2009-10 income went up by 51 per cent to Rs 424.3 crore compared to last financial year. The growth was led by robust increment in same store sales as well as addition of stores. The same store growth was largely driven by deeper penetration and increase in number of orders.