Led by product innovation and network expansions, Jubilant FoodWorks Ltd has reported a marginal rise in its net profit at Rs 32.7 crore for the quarter ended March 31, 2012, despite an otherwise weak quarter. Its net profit for the same period last year stood at Rs 29.3 crore. The quarter was weak because restrained consumer spending.

The master franchisee for Domino’s Pizza and Dunkin’ Donuts brands in India, has reported a total income of Rs 365.8 crore for March 31, 2013, against Rs 283 crore in the same period a year ago.

For the year-ended March 31, 2013, the company has reported a consolidated net profit of Rs 135 crore, up 28 per cent, compared with Rs 105.6 crore in the same period a year ago. Total income for the year stood at Rs 1,407 crore, up 38 per cent against Rs 1,017 crore last year.

Investment plans

Ajay Kaul, Chief Executive Officer (CEO), said that the company will invest Rs 250 crore for fiscal 2013-14. This would include setting up new commissaries and store expansion.

“We opened 24 new stores in the fourth quarter of fiscal 2012-13, taking our total store count to 576 as on March 31, 2013. Domino’s Pizza, which is spread across 123 cities, remains the company’s primary growth engine. The brand is gaining traction as we increase its presence not only in existing cities but also in new regions,” Kaul said.

It has also launched 10 Dunkin’ Donuts stores

The company said it will be setting up four new commissaries in Nagpur, Hyderabad, Guwahati and Delhi, the work for which will in 2014.

Jubilant, however, said that its same store sale growth in the last quarter stood at 7.7 per cent. Kaul said the company will be scaling its investments in the e-commerce and mobile platform.

bindu.menon@thehindu.co.in

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