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Jubilant FoodWorks on Wednesday reported 46.16 per cent jump in standalone net profit at ₹96.5 crore for the quarter ended December 31, 2018, helped by increase in same-store sales growth of Domino’s Pizza.
Same-store sales growth (SSG) refers to the year-over-year growth in sales for restaurants in operation for two whole years.
The company had posted a net profit of ₹66.02 crore during October-December quarter previous financial year.
The company’s total income increased by 18.07 per cent to ₹942.85 crore as against ₹798.5 crore in the year-ago period, Jubilant FoodWorks said in a Bombay Stock Exchange (BSE) filing.
Domino’s Pizza reported SSG of 14.6 per cent in the quarter under review.
Jubilant FoodWorks operates Domino’s Pizza and Dunkin’ Donuts chains in India.
Dunkin’ Donuts broke even in the third quarter of 2018-19 on the back of strong growth in the core portfolio of donuts and beverages, as also disciplined cost management, the company said.
At present, the company operates 1,200 Domino’s Pizza and 32 Dunkin’ Donuts outlets in the country.
The stock was trading 1.09 per cent up at ₹1,208.75 apiece on BSE.
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