Jubilant profit doubles in Q2

Led by its new chief executive officer Pratik Pota, Jubilant FoodWorks has focused on driving profitable growth over the past two quarters

Jubilant FoodWorks, which operates Domino’s Pizza and Dunkin Donuts chains in India, on Thursday reported an over twofold growth in net profit to Rs 48.47 crore for the quarter ended September 30. The company had posted a net profit of Rs 21.56 crore in the corresponding period last year.

Net sales during the quarter grew 9.17 per cent to Rs 726.63 crore, as against Rs 665.54 crore a year ago. Total expenses during the period stood at Rs 657.01 crore, compared to Rs 637.87 crore in the July-September quarter last year. The firm reported same-store sales growth of 5.5 per cent