Bengaluru, Nov. 14 -- Jubilant FoodWorks Ltd, the country's largest franchise chain of Domino's Pizza, emerged as the lone wolf in a tepid quick-service restaurant (QSR) demand environment that hampered grwoth at its peers.
While consumer demand remained soft and festive overlaps hurt out-of-home dining, Jubilant delivered strong revenue growth-something its peers struggled to match.
During the September quarter, the company reported Rs.2,340.15 crore in revenue, up 19.7% year-on-year, while net profit doubled to Rs.194.6 crore.
Jubilant's standout performance in a struggling $27.8 billion QSR market, said to reach $43.5 billion by 2030, underscores how the industry's centre of gravity has shifted. A convenience-first delivery model, a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.