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JUBLFOOD — Jubilant FoodWorks News Story

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Domino's India operator beats quarterly profit view on strong delivery demand

Aug 13 (Reuters) - Domino's India operator Jubilant Foodworks JUBI.NS beat first-quarter profit estimates by a wide margin on Wednesday, as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled.

The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million rupees.

Analysts on average were expecting a profit of 645.6 million rupees, according to data compiled by LSEG.

($1 = 87.4380 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru; Editing by Nivedita Bhattacharjee)

 ((Ananta.agarwal@thomsonreuters.com;))

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