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Jubilant FoodWorks' Q3 profit slips 18%
Mint Mumbai
|February 01, 2024
Jubilant FoodWorks Ltd on Wednesday reported a 18.2% dip in consolidated net profit for the three months ended 31 December.
Profit for the period stood at ₹65.7 crore; the company that operates Domino’s restaurants in India had reported a profit of ₹80 crore in the year-ago period. Meanwhile, revenue from operations grew 3.47% to ₹1,378.11 crore against ₹1,331.81 crore reported in the year-ago period.
Revenue growth was driven by Domino’s delivery channel sales which increased by 6.2%. Growth in delivery was partially offset by decline in dine-in, the company said.
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