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Small pizzerias grab bigger share

Small pizzerias grab bigger share
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Jubilant FoodWorks: Jubilant FoodWorks Q1 Results: Profit drops 26% YoY to Rs 75 crore

Jubilant FoodWorks Q1 profit after tax (PAT) margin improved by 195 bps sequentially to 5.7% while EBITDA margin came in at 21.1%, higher by 97 bps sequentially. The growth was driven by Dominos Delivery channel sales which increased by 8.4%. The average daily sales of mature stores, came in at Rs 81,049, up by 2.7% sequentially. The Dominos LFL (like for like) growth came in at -1.3%.

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