Jubilant Foodworks, which holds the master franchise for Domino's Pizza in India, will announce its third quarter (October-December) earnings today. According to CNBC-TV18 poll, analysts on an average expect net profit to rise 8 percent year-on-year to Rs 41 crore.
Net sales may grow 27 percent to Rs 490 crore on account of around 6 percent growth in same-store-sales (SSS) and nearly 20 percent growth in store expansion.
Earnings before interest, tax, depreciation and amortisation is expected to increase 13.5 percent to Rs 76 crore but margin may decline 190 basis points to 15.5 percent compared to a year ago period on lower SSS, store additions and losses from Dunkin Donuts.
However, on sequential basis, there may be recovery in margin on 5 percent increase in price and withdrawal of one on one Wednesday scheme.
There was a momentum pick up failure over the same store sales growth despite lucrative promotional offers. Moreover it is expected to be subdued numbers due to pressure on discretionary consumption that remains weak.
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
