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BREAKING NEWS

Jubilant Foodworks Q3 PAT zooms 230%, Bisht appointed new CFO

19 Jan 2018

Mumbai Jan 19 (IANS) Jubilant FoodWorks (JFL) on Friday reported a surge of 230.6 per cent in its profit after tax (PAT) for the third quarter (Q3) ended December 31 2017.



In a regulatory filing to the BSE the company also announced the appointment of Prakash C. Bisht as the Chief Financial Officer with immediate effect.

The company which operates Domino s Pizza and Dunkin Donuts restaurants in the country said its Q3 PAT stood at Rs 66.02 crore -- a growth of 230.59 per cent -- from Rs 19.97 crore reported during the same period of the previous fiscal.

"Our sharp focus on the consumer through a significantly improved product in the form of all new Domino s along with every day value pricing has led to a robust 17.8 per cent SSG (same store growth) for Domino s " said Pratik Pota CEO and Whole time Director JFL.

"In addition our tight and disciplined control on costs led to healthy margin expansion during the quarter."

On Friday the company s scrip edged higher by 7.73 per cent to close at Rs 2 091.55 on the BSE.

--IANS
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