Jubilant FoodWorks Q4 net profit soars to Rs68.07 crore - News Summed Up

Jubilant FoodWorks Q4 net profit soars to Rs68.07 crore


For the full year, Jubilant FoodWorks’ operating revenue grew 17.1% to Rs2,980.44 crore as compared with Rs2,546.07 crore in the previous year. Net profit jumped to Rs68.07 crore from Rs6.72 crore in the corresponding year-ago quarter. Net profit for the year more than trebled to Rs206.40 crore, backed by a 13.9% growth in same-store sales at Domino’s Pizza, from Rs67.25 crore previous year. Jubilant FoodWorks, which has been working on getting Dunkin to achieve break-even, has halved losses from Dunkin stores during the fiscal year. The promoters of HT Media Ltd, which publishes Mint, and Jubilant FoodWorks are closely related.


Source: Mint May 08, 2018 14:15 UTC



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