BENGALURU (Reuters) – Jubilant FoodWorks reported a more than seven fold jump in quarterly profit on Wednesday as the Domino’s Pizza’s Indian franchisee benefited from steady online demand and easing prices of some ingredients.
Consolidated net profit rose to 2.08 billion rupees ($25 million) for the fourth-quarter ended March 31, from 285.4 million rupees a year earlier, Jubilant said in an exchange filing.
($1 = 83.2410 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru and Praveen Paramasivam in Chennai; Editing by Janane Venkatraman)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.