Stay updated with breaking news from Sameer Khetarpal. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Jubilant Foodworks Results: Reports multi-fold growth in net profit, exceptional item gains, and record store openings in FY24.
Jubilant Foods Ltd (JFL) CEO and MD Sameer Khetarpal revealed that the company expects its fried chicken brand Popeyes to surpass Rs 1,000 crore in sales within the next 3-4 years. Additionally, JFL, the master franchisor of Domino's, aims to expand its outlets to around 3,000 in the medium term. Khetarpal highlighted the rapid expansion of QSR brands, especially Domino's, due to India's growing economy and urbanization.
Dominos: Sameer Khetarpal, managing director at JFL said the partnership with the ONDC Network is a “significant milestone and step forward” for Domino’s. T Koshy, managing director at ONDC said Domino’s joining ONDC “is a significant development with the potential to create ripple effects for the foods and beverages category on Open Network.
Jubilant FoodWorks Ltd's Ebitda for the quarter was ₹280 crore, a decrease of 2.2%. The company reported sustained growth in delivery, highest ticket in nine quarters, and cost optimization for investments behind category development.
Sameer Khetarpal, managing director at JFL said the partnership with the ONDC Network is a “significant milestone and step forward” for Dominos. T Koshy, managing director at ONDC said Dominos joining ONDC “is a significant development with the potential to create ripple effects for the foods and beverages category on Open Network.