Jubilant FoodWorks today said its standalone net profit has zoomed over 10- fold to Rs 68.06 crore for the March quarter mainly on account of Domino's product upgrade and robust online sales. The company had posted a net profit of Rs 6.71 crore for the corresponding period of the previous fiscal, Jubilant FoodWorks said in a filing to BSE. Its total income rose to Rs 792.55 crore for the January-March quarter of 2017-18, as against Rs 616.35 crore in the year-ago period. Its total income for the fiscal year ended March 2018 was at Rs 3,003.16 crore as against Rs 2,560.55 crore in the preceding year. Shares of Jubilant FoodWorks Ltd were trading 1.47 per cent down at Rs 2,570.95 on BSE in the afternoon.

Source: dna May 08, 2018 09:45 UTC