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Top headlines: Jubilant posts profit in Q1; weekend lockdown in Kerala

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Analysts at Spark Capital expect Jubilant to gain share from both the organised and unorganised players in the Indian food service industry backed by a solid franchise and entrenched brand equity.
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Jubilant Foodworks posts Rs 63 cr PAT in Q1 after Rs 72 cr loss a year ago

Quick service restaurants major Jubilant Foodworks reported Rs 62.3 crore net profit for the April-June quarter. The firm had posted Rs 72.6 crore net loss in the corresponding quarter last year.

The operator of the country’s largest restaurants chain under the Dominos brand, Jubilant’s operating revenue grew 131 per cent to Rs 879 crore from Rs 380 crore in June 2020 quarter. Read here

Byju's acquires US-based digital reading platform Epic for $500 mn

Edtech startup Byju's said Wednesday it

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