Jubilant FoodWorks net rises 10% in July-Sept quarter on high demand

This was owing to uptick in demand across all formats

Jubilant Foodworks, which runs Domino’s Pizza restaurants in India, saw its net profit rise 10 per cent during the July-September quarter (Q2) owing to an uptick in demand across all formats.

During the quarter, net profit stood at Rs 131.53 crore. Also, its revenue from operations grew 16.6 per cent to Rs 1,301.5 crore.

The company said in its report that the like-to-like growth stands at 8.4 per cent during the quarter.

“The increase in revenue was driven by the like-to-like growth and healthy performance of new stores,” the company said.

It also added, “Dine-in and takeaway channels combined witnessed strong year-on-year (YoY) growth