In a bid to maintain its growth momentum, Jubilant FoodWorks, India’s largest and fastest growing food service company, is planning to invest Rs 250 crore in the current fiscal on capital expansion. The company will invest the same from internal accruals.
The company is planning to open 125 Domino's Pizza and 18 Dunkin' Donuts restaurants during the current financial year.
Recently, the company reposted a rise of 5.11% in its net profit at Rs 34 crore for the quarter under review as compared to Rs 32.35 crore for the same quarter in the previous year. The total income of the company has increased by 26.01% at Rs 398.72 crore for Q1FY14 as compared Rs 316.40 crore for the corresponding quarter previous year.
