Jubilant FoodWorks reports 18% fall in Q1 net profit

Jubilant FoodWorks has reported results for first quarter ended June 30, 2014.

The company’s net profit has declined by 18.44% at Rs 27.73 crore as compared to Rs 34.00 crore for the quarter ended June 30, 2013. However, its total income has increased by 20.02% to Rs 478.54 crore for the quarter under review from Rs 398.72 crore for the corresponding quarter of the previous year.

Jubilant FoodWorks is India’s largest and fastest growing food service company. The company and its subsidiary operates Domino’s Pizza brand with exclusive rights for India, Nepal, Bangladesh and Sri Lanka.