Domino's India operator reports drop in quarterly profit on higher expenses
Feb 12 (Reuters) - India's Jubilant Foodworks JUBI.NS
reported a drop in third-quarter profit on Wednesday, as the
Domino's Pizza DPZ.N franchisee's margins were dented by
higher wage costs as well as raw materials such as vegetable and
meat.
Jubilant reported profit of 429.1 million rupees for the
quarter ended December 31, compared to a year ago profit of
657.09 million rupees
(Reporting by Ananta Agarwal in Bengaluru; Editing by Eileen
Soreng)
((Ananta.agarwal@thomsonreuters.com;))
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