New Delhi, Jan 19 (PTI) Jubilant FoodWorks today reportedover three-fold jump in net profit at Rs 66.02 crore for thequarter ended December 31, mainly on account of higher income.
The company had posted a net profit of Rs 19.97 croreduring October-December quarter previous fiscal, JubilantFoodWorks said in a BSE filing.
Total income increased 20.55 per cent to Rs 798.50 croreas against Rs 662.37 crore in the year-ago period.
"Our sharp focus on the consumer through a significantlyimproved product in the form of all new Domino's along withevery day value pricing has led to a robust 17.8 per cent SameStore growth (SSG) for Domino's," company's CEO and Whole-timeDirector Pratik Pota said.
Dunkin' Donuts continued on its stated path of break-evenwith greater focus on donuts and beverages and closure ofunprofitable stores, he added.
Total expenses during the quarter stood at Rs 697.58crore as against Rs 632.90 crore in the year-ago period.
In another filing, Jubilant FoodWorks, which operatesDomino's Pizza and Dunkin' Donuts chains in India, said it hasappointed Prakash C Bisht as the Chief Financial Officer(CFO) with immediate effect.
The stock was trading 5.06 per cent up at Rs 2,039.75 onBSE. PTI PRJANU.
This is unedited, unformatted feed from the Press Trust of India wire.