Jubilant Foodworks Q3 Results, Profit Rises 7.5 Percent
Jubilant Foodworks Q3 Results, the company delivered a 7.5 per cent YoY growth in standalone profit in the Q3 earnings December quarter, 2019. The growth numbers are less than the analyst estimates. The company’s standalone revenue from operations stood at Rs 1,059.6 crore, climbed 14.1 per cent year-on-year. While the company delivered a 5.9 per cent growth in same-store-sales growth (SSSG) in the third quarter between October and December period.
Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 35.4 per cent to Rs 231 crore. Whereas the margin expanded by 340bps to 21.8 per cent in December quarter 2019. Coming to the gross margin, it was at 74.9 per cent and contracting from 75.6 per cent in the corresponding quarter a year ago. Indeed, the company hasn’t able to meet the analyst estimates.
Jubilant Foodworks possesses the master franchisee for Domino’s Pizza and Dunkin Donuts. The company formed into a legal corporation in the year 1995 as Domino’s Pizza India Pvt Ltd. In 1996, it commenced its operations.