 "Jubilant FoodWorks slips 9% as results disappoint")
Shares of Jubilant FoodWorks, which operates Domino’s Pizza and Dunkin Donuts chains in India, slipped nearly 9% in morning deals on the National Stock Exchange (NSE), after the company reported 31.08% fall in its June quarter net profit to Rs 19 crore, as against Rs 27.57 crore during the previous corresponding quarter.
At 945am, the stock was trading at Rs 1,073 levels, down 9.3% as compared to 0.8% rise in the benchmark index, the Nifty50.
At 945am, the stock was trading at Rs 1,073 levels, down 9.3% as compared to 0.8% rise in the benchmark index, the Nifty50.
Jubilant's Sales rose 6.69% to Rs 608.76 crore during the quarter under review, as against Rs 570.59 crore during the previous quarter ended June 2015. Same Store Sales (SSS) de-grew 3.2% verus q-o-q growth of 2.9% and y-o-y growth of 4.6%.
