Jubilant Foods Q3 PAT up 21.6% to Rs 124 cr on doubling of deferred taxes

Operating revenue down slightly, massive closure of outlets due to pandemic affected overall business

Fast food major Jubilant Foodworks (JFL), which runs the Domino's Pizza franchise in the country, reported a 21.6 percent jump in its net profit for the October-December quarter. Its profit surged to Rs 124 crore from Rs 102 crore as the firm nearly doubled its deferred tax amount to Rs 107 crore from Rs 52 crore in the corresponding period previous year.

However, the company recorded a dip in its operating revenue, which inched down to Rs 1,069 crore from Rs 1,071 crore in October-December, 2019. Massive closure of outlets in the nine months starting April and temporary disruptions on