Jubilant FoodWorks

US fried-chicken chain Popeyes made its debut in India with the opening of its first restaurant in Bengaluru in January 2022, followed by rapid expansion to 12 restaurants in Bengaluru

As Domino's faces the 20-minute delivery challenge in Bengaluru, announces launch of service in other metros in 12 months

Domino's 20-minute delivery is available at 170 stores across Bengaluru

The firm has achieved this by enhancing in-store process improvements, upgrading technology, and expanding its store network

Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts, on Wednesday reported a decline of 39.66 per cent in its consolidated net profit at Rs 80.36 crore for the third quarter ended December 31, 2022. The company had posted a consolidated net profit of Rs 133.19 crore in the October-December quarter of the previous fiscal, Jubilant Foodworks Ltd (JFL) said in a regulatory filing. Its revenue from operations during the quarter was up 10 per cent to Rs 1,331.81 crore as against Rs 1,210.77 crore in the year-ago period. According to JFL, "high inflation continues to keep margin under pressure". "The increase in revenue was primarily driven by growth in orders for Domino's. The Domino's Like-for-Like growth came in at 0.3 per cent. The Delivery channel registered 9.9 per cent growth led by orders partially offset by a decline in the ticket. The Dine-in and Takeaway channels combined registered 9.8 per cent growth driven by an increase in ticket

In their quarterly update, Godrej Consumer Products, Dabur, and Marico witnessed sluggish growth in the December quarter (Q3) driven by poor rural consumption and a slowdown after the festival season

In a regulatory filing, the company said capex of Rs 900 crore would be funded entirely through internal accruals over a period for 12-18 months

The company inaugurated its first restaurant in Bengaluru, which was followed by rapid expansion to 12 restaurants across the city in less than a year

Aggressive store expansion, new menu choices ought to boost growth for QSR

In terms of sectors, Wood remains bullish on the real estate sector and suggests the Indian realty market to be one of Asia's hottest investment bets, besides Singapore

CLOSING BELL: Shares of Paytm hit an intra-day low of Rs 474 apiece, and ended at Rs 475.

The stock was down 7.55 per cent in trade on Wednesday and ended at Rs 566.45 per share

This was owing to uptick in demand across all formats

Stocks to watch today: Tata Motors, Pidilite Industries will report the July-September quarter (Q2FY23) results on Wednesday, November 9; Coal India saw 102 per cent jump in net profit to Rs 6,044 cr

Berry will continue the hold of managing director at the company, the company said in a stock exchange filing

According to the technical analyst from Anand Rathi, Jubilant Foodworks can rally to Rs 660, while KPIT Technologies could jump to Rs 620.

During his 25 year-long career, he has worked in e-commerce and management consulting

The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery

Customers can buy online or offline, from Domino's own platform or from partner websites like Zomato or Swiggy; but to redeem points or get a free pizza, they will have to use Domino's property

Jubilant FoodWorks, operator of Domino's Pizza and Dunkin' Donuts, on Thursday reported a 63.01 per cent increase in its consolidated net profit at Rs 112.58 crore in the April-June quarter.