Domino's India operator beats Q2 profit view on demand for cheaper items

Jubilant FoodWorks

11/11/2024 10:17

Nov 11 (Reuters) - Jubilant FoodWorks  JUBI.NS , which
operates the Domino's Pizza  DPZ.N  brand in India, posted a
smaller-than-expected fall in second-quarter profit on Monday,
as cheaper menu items attracted budget-conscious customers.
    Consolidated net profit fell to 640.5 million rupees ($7.59
million) for the quarter ended Sept. 30 from 972 million rupees
a year earlier.
    Analysts had estimated 635.2 million rupees, according to
data compiled by LSEG.

($1 = 84.3550 Indian rupees)
    

 (Reporting by Praveen Paramasivam and Ashna Teresa Britto;
Editing by Janane Venkatraman)
 ((AshnaTeresa.Britto@thomsonreuters.com;))