Jubilant Foodworks Limited, the company behind popular fast-food brands Domino’s Pizza and Dunkin’ Donuts, reported a decrease of 18.2% in its consolidated net profit for the third quarter (Q2) ending December 2023. The net profit stood at INR 65.70 crore, down from INR 80.36 crore during the same period in the previous fiscal year, as stated in a BSE filing on Wednesday.
Nevertheless, its overall revenue increased to INR 1,382.27 crore in the third quarter of FY24, compared to the total income of INR 1,341.38 crore in the third quarter of FY23.
The total expenditures of the company for the December quarter also grew to INR 1,311.9 crore in Q3 FY24, in contrast to the total expenses of INR 1,229.8 crore in the corresponding period of the previous fiscal year, as stated in the regulatory filing.
Continue Exploring: Jubilant FoodWorks launches aggressive 360-degree rebranding for Domino’s