JFL sales up 6.6pc in Q2
Jubilant FoodWorks Limited (JFL), India's growing food service company, reported its financial results for the quarter and half year ended 30 September, 2013.
JFL's Total Income stoodat Rs. 4,367 million in Q2 FY14 and Rs. 8,332 million in H1FY14.
JFL reported an increase in total revenues driven by the growth in Domino's Pizza's restaurant count as well as geographic penetration along with new menu additions which have garnered positive response from customers.
Dunkin' Donuts continues gain traction in a steady and sustainable manner with 19restaurants spread across Delhi, NCR, Chandigarh, Punjab and Uttarakhand.
JFL reported a Same Restaurant (store) Sales growth of 6.6pc in Q2 reflecting the underlying pressure associated with consumer discretionary spends.
Total Expenditure in Q2 FY14 was at Rs. 3,714 million and Rs 7,012 million in H1FY14.
Total number of employees as on 30 September 2013 stood at 21,899 up from 18,451 on 30 September 2012.
EBITDA for the Q2FY14 was at Rs. 653 million and Rs. 1,320 million in H1FY14.
Q2FY14 EBITDA showed 11.3pc improvement on the back of topline growth.
Profit after Tax in Q2 FY14 stood at Rs 332 million and Rs.673 million in H1 FY14.
Shyam S. Bhartia, Chairman and Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited, said, "The growth shown by JFL is consistently based on the robust operational foundation on which it stands. "
(Posted on 31-10-2013)