India's Jubilant Foodworks falls on weak same store sales

MUMBAI Tue Feb 5, 2013 9:53am IST

Related Topics

Stocks

   

MUMBAI Feb 5 (Reuters) - Shares in Jubilant Foodworks Ltd fell as much as 8 percent on Tuesday and headed for its second day of falls after posting a lower-than-expected same store sales growth in the October-December quarter.

Jubilant, which operates the Domino's Pizza franchise in India, said on Monday its quarterly net profit rose by 28 percent to 377 million rupees. The same store sales growth in the results were lower than expected, according to analysts.

Jubilant shares were down 7.2 percent as of 0423 GMT. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

India-Nepal Ties

REUTERS SHOWCASE

Facebook Results

Facebook Results

Facebook beats Wall Street targets, stock hits record high  Full Article 

GM Recall

GM Recall

GM recalls 717,950 vehicles in U.S., not for ignition switches  Full Article 

Factory Sector

Factory Sector

China July HSBC flash PMI at 18-month high of 52.0   Full Article 

Breakingviews

Breakingviews

Apple winds up earnings hope for new gadgets  Full Article 

BRICS Bank

BRICS Bank

World Bank chief welcomes new BRICS development bank.  Full Article 

Streamlining Operations

Jet Streamlines

Jet Airways chairman says looking to restructure debts, talking to bankers  Full Article 

Political Economy

Political Economy

Analysis - Watch what markets don't do as world politics turns nasty   Full Article 

Honda's India Thrust

Honda's India Thrust

Honda's India unit to account for 25 pct of Asia Pacific sales by March 2017 - exec   Full Article 

 Boosting Output

Boosting Output

NMDC plans to boost iron ore output by two-thirds  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage