Jubilant Foodworks Q4 net up 52% YoY to Rs 29 cr

Jubilant Foodworks fourth quarter net profit surged 52% year-on-year to Rs 29 crore, as strong sales growth at its Domino's pizza chain, helped offset rising expenses.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Masteryourmoney Earnings
moneycontrol.com

Home » News » Earnings » Results

May 10, 2012, 03.06 PM | Source: Moneycontrol.com

Jubilant Foodworks Q4 net up 52% YoY to Rs 29 cr

Jubilant Foodworks fourth quarter net profit surged 52% year-on-year to Rs 29 crore, as strong sales growth at its Domino's pizza chain, helped offset rising expenses.

Like this story, share it with millions of investors on M3

Jubilant Foodworks Q4 net up 52% YoY to Rs 29 cr

Jubilant Foodworks fourth quarter net profit surged 52% year-on-year to Rs 29 crore, as strong sales growth at its Domino's pizza chain, helped offset rising expenses.

Post Your Comments

Share Cancel

Moneycontrol Bureau

Jubilant Foodworks fourth quarter net profit surged 52% year-on-year to Rs 29 crore, as new store openings and strong sales growth at its Domino's pizza chain, helped offset rising expenses.

The company's net sales in Jan-March were up 46% to Rs 283 crore. Same-store sales rose 26.2% in the quarter.

The results were in-line with analysts expectation of a profit of Rs 29 crore on revenue of Rs 287 crore, according to CNBC-TV18 poll.

Jubilant's quarterly operating profit margin was at 18.5% versus 17.1% a year ago.

In Jan-March, the company's raw material costs rose 40% to Rs 59.2 crore, employee expenses were up 39% to Rs 54.82 crore and rentals rose 52% to Rs 22.6 crore.

Jubilant Foodworks said it had exceptional loss of Rs 1.61 crore in the quarter and Rs 4.1 crore for the last financial year due to expenses for operationalising Dunkin' Donuts business.

Jubilant Foodworks opened the first India outlet of the global donut and coffee chain in New Delhi earlier this week. It has plans to open 10 Dunkin' Donut stores in the current financial year, all in Delhi. Over the next 5 years, it will open 80-100 outlets across India.

Meanwhile, the company opened 26 Domino's Pizza outlets in Jan-March and as of March 31, it had 465 stores. It now has a presence across 105 cities.

Jubilant Foodworks shares were down 2.1% at Rs 1,047.40 on NSE in afternoon trade. The stock is up 45% in the last one year.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Jubilant Foodworks Q4 net up 52% YoY to Rs 29 cr

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login