Jubilant Foodworks Q2 net profit up 36% to Rs 32.3 cr
Jubilant Foodworks, a master franchisee of Domino's Pizza International and Dunkin' Donuts, has reported a net profit of Rs 32.3 crore in the second quarter of current financial year, a growth of 36 percent compared to Rs 23.7 crore in a year ago period.
November 07, 2012 / 17:13 IST
Jubilant Foodworks, a master franchisee of Domino's Pizza International and Dunkin' Donuts, has reported a net profit of Rs 32.3 crore in the second quarter of current financial year, a growth of 36 percent compared to Rs 23.7 crore in a year ago period.
Total income grew by 42 percent year-on-year to Rs 342.1 crore during the same quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 35 percent YoY to Rs 58.7 crore in the September quarter.But EBITDA margin fell by 100 basis points YoY to 17.1 percent in the three months period ended September 2012.Ajay Kaul of Jubilant FoodWorks said increase in revenue reflected strength of company’s portfolio. "We have opened 26 new Dominos stores in the second quarter, taking the total stores to 515 at the end of Q2. We have also opened one new store in Sri Lanka," he said.At 15:22 hours IST, the stock rallied 2.72 percent to Rs 1,317 amid high volumes on the Bombay Stock Exchange. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
