To expand its brand presence to uncharted locations, Jubilant FoodWorks Limited (JFL) has recently set a target for launching 150 new Domino\'s Pizza restaurants in FY15.
To expand its brand’s presence to uncharted locations, Jubilant FoodWorks Limited (JFL) has recently set a target for launching 150 new Domino’s Pizza restaurants in FY15. The company has successfully opened 46 new restaurants so far. JFL wants to drive efforts to reach a wider audience base through restaurant network, online ordering and sustain efforts to launch new restaurants in current geographies and further tap new cities for expansion.
Commenting on the performance for Q1 FY15, Shyam S Bhartia, Chairman and Hari S Bhartia, Co-Chairman, Jubilant FoodWorks Limited said, “Our company is built on the strength of our expertise in the Indian Food Service Industry (FSI) and the robustness of our systems and with that JFL has evolved to become a leader in its domain. Our performance over the past years combined with the potential in the industry instills in us the confidence to continue our drive for growth. Domino’s Pizza continues its journey with a focus on increasing restaurant penetration in existing and new markets.”
While Ajay Kaul, CEO, Jubilant FoodWorks Limited said, “JFL stood true to its objectives in a challenging environment for consumer spending. Our comprehensive approach has focused on growing our revenues while driving cost optimization measures. The quarter witnessed the results of our ongoing efforts to enhance consumer reach through our restaurants, our home delivery systems and via online and mobile ordering. Today, our restaurant network for Domino’s pizza spans over 158 cities with 772 restaurants.”
JFL is part of Jubilant Bhartia group and one of India's largest food service companies, with a network of 772 Domino’s Pizza restaurants across 158 cities. The company and its subsidiary have the exclusive rights to develop and operate Domino’s Pizza brand in India, Sri Lanka, Bangladesh and Nepal. At present, it operates in India and Sri Lanka.