Jubilant FoodWorks FY18 Q3 profit up 231% to Rs 660 mn on revamped offering

Jubilant also added two Domino's outlets during the period, taking the total count to 1,127

Jubilant FoodWorks, the makers of Domino’s pizza, saw its profit rise to 231 per cent year-on-year (y-o-y) during October-December 2017. Its net profit went up to Rs 660.2 million during the period from Rs 199.7 million last year. The company's net operating revenue surged 20.7 per cent to Rs 7,952 million from Rs 6,588 million a year ago.

Increase in business was backed by higher same-store growth (SSG). Its SSG stood at 17.8 per cent in December quarter compared to -3.3 per cent in the corresponding quarter previous year.

According to Jubilant FoodWorks Chief Executive