Lenovo continues to remain optimistic about sales even post demonetisation. In a interview with CNBC-TV18, Sudhin Mathur, Executive Director of Lenovo's mobile business says the cash crunch has not had much of an impact on sales of higher price band phones.
The outgoing Jubilant Foodworks' CEO, Ajay Kaul admits that initially business was impacted by demonetisation.
In an interview to CNBC-TV18, Ajay Kaul, CEO of Jubilant Foodworks spoke about the results and his outlook for the company.
After Domino's Pizza and Dunkin' Donuts franchise owner analysts meet Motilal Oswal says that second quarter of FY17 will surely be positive due to launch of Burger Pizza. It says the management has assured that working with vendors will drive efficiencies in supply chain.
Market experts expect Jubilant FoodWorks CEO Ajay Kaul's exit to affect the stock‘s performance on Tuesday when the trading begins.
Despite a dismal performance in the first quarter of FY17 where its same-store sales growth went into the negative territory for the first time in past seven quarters, Jubilant FoodWorks is confident of an improved show and a positive same-store sales growth in the second quarter.
While Shivakumar says PepsiCo has started giving healthier alternatives to its products, Ajay Kaul of Jubilant Foodworks says fast-food is a guilty pleasure for consumers and they don't mind indulging in moderation.
The EcoEnergy business of Wipro rolled out its multi-year Managed Restaurant Energy Services (MRES) programme last year which ensures effective sustenance of energy cost reduction, Wipro said.
Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today ...
Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today ...
Ajay Kaul, CEO, Jubilant Foodworks in an interview to said, “We are fortunate that we are ahead of the curve and are registering a small single-digit growth on same store basis.â€
The company had posted a consolidated net profit of Rs 35.01 crore in the same quarter last fiscal, it said in a BSE filing.
Ajay Kaul, CEO, Jubilant Foodworks explains how the psychological shift of consumers‘ preference from concept of dine-in to food deliverance is impacting the two businesses individually.
The company had posted a net profit of Rs 27.72 crore in the same period of previous fiscal. Total income from operations on standalone basis was up 19.68 percent to Rs 570.68 crore during the quarter under review as against Rs 476.82 crore in the year-ago period, Jubilant FoodWorks Limited (JFL) said in a filing to the BSE.
The numbers in the previous quarters may have looked better, but the industry is seeing an insignificant demand growth statistically, says Ajay Kaul, CEO of Jubilant Foodworks.
The company maintains its store expansion plans for 150 Dominos stores and 30 Dunkin stores in FY15.
"We were successful in restoring same-store-sales growth for Domino‘s business, with Q3 reporting 1.9 percent (against negative 2.6 percent in Q3FY14), led by customer centric propositions and intensified marketing efforts," said Ajay Kaul, CEO, Jubilant FoodWorks.
Jubilant Foodworks, the master franchise for Domino's Pizza in India, disappointed street on every parameter with the third quarter (October-December) net profit falling 11 percent compared to same quarter last year, dented by weak operational performance.
Jubilant's second quarter revenues rose around 28 percent year-on-year, but steep increases in raw material costs, wage bills and rents shaved 220 basis points from the operating margin and restricted the net profit growth to just 2.8 percent.
Jubilant Foodworks is hunting for a third global brand to launch in India even as it tries to grow it's latest franchise with Dunkin Brands group.
Jubilant Foodworks plans to spend Rs 75 crore on four new commissaries in FY14, its CEO Ajay Kaul said on Friday. He says consumers are downtrading and cutting back on spends amid the economic slowdown, but is confident of double-digit growth, once the economy recovers.
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.
Jubilant Foodworks, which runs Domino's Pizza outlets in India says there are early signs of slowdown in consumer spending and new customer acquisitions, a sign that may suggest that Quick Serve Restaurants as they are called, could be catching the slowdown bug.
Jubilant Foodworks' first quarter net profit rose 40% year-on-year to Rs 32.35 crore, helped by strong growth in sales and new store openings. However, the stock fell 1% after the company said margins declined due to higher expenses.
Jubilant Foodworks which has expanded in the past three years is looking to add another 85 stores in FY13.