Jubilant FoodWorks Q3 net profit falls 33% to Rs 41 crore, shares decline 3%

Works on February 12 reported 33% decline in standalone net profit at Rs 41 crore for the quarter ended December 31, 2024 as against Rs 61 crore in the year-ago period. The Domino's Pizza franchisee's margins were dented by higher wage costs as well as raw materials such as vegetable and meat. t 3:20 pm on February 12, Jubilant Food shares were trading 3% lower at Rs 641 apiece. Shyam S. Bhartia, Chairman and Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited said: “Q3FY25 was a defining quarter for the Company. This success underscores the strength of our strategy and our team's dedication. We remain focused on further strengthening Domino’s, enhancing the customer experience, and accelerating the path to profitability for our emerging brands. We are confident that our customer-centric approach and investments in technology and innovation will continue to drive sustainable, profitable growth.”