Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Aug, 08 2014

Jubilant sales drops

Reported a decline of 18.5 percent in quarterly profit.

Jubilant FoodWorks has reported 18.5 percent decline in quarterly profits. For the three months to end-June, the group reported standalone net profit of Rs 27.7 crore compared with Rs 34 crore in the year-ago period. Same store sales growth slipped to 2.4 percent compared with 6.3 percent in same quarter last year. 

According to the statement issued by the company, "Aligned to the overall subdued consumption pattern coupled with inflationary impact on costs, opening of new Domino's Pizza restaurants and development of the Dunkin' brand, the profitability during the quarter stood moderated.” 

Comment
Related opportunities
  • About: RIDENTDIAGNOSTICS a diagnostics lab well established and respected by the local..
    Locations looking for expansion Karnataka
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Meat & Chicken Shops
    About:Founded in 2016 by a self-professed, ardent meat lover, TenderCuts..
    Locations looking for expansion Tamil Nadu
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 1000 - 1200 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Quick Service Restaurants
    About:The mission of the company will be to exceed the..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Theme Restaurants
    About:The restaurant concept brings to you fun, casual, authentic food..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 1 Cr. - 2 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities