01-01-1970 12:00 AM | Source: Reuters
Domino's India franchisee Jubilant's profit slumps as expenses weigh
Jubilant FoodWorks reported a 74% fall in quarterly profit on Tuesday as the Domino's Pizza's Indian franchisee grappled with higher costs while also spending heavily to expand in the country.
Consolidated profit fell to 289.2 million rupees ($3.53 million) for the first quarter ended June 30, from 1.13 billion rupees, a year earlier, Jubilant said in an exchange filing.
Latest News
Insurance Sector Update : Motor drags down overall g...
Sell Gold Below 72700 SL Above 72950 TGT 72400/72100...
Wipro shares nosedived over 9 pc after missed earnin...
Economic Survey links mental health disorders with '...
India's GDP growth for FY25 to surpass Economic Surv...
Evening Roundup : A Daily Report on Bullion Energy &...
FIIs stood as net buyers in equities as per July 22 ...
Union Budget: Experts urge government to remove 18 ...
Poonawalla Fincorp AUM up 52% YoY to Rs 26,972 crore...
Sensex ends lower ahead of Union Budget 2024-25