Hot Pursuit     16-Feb-21
Jubilant FoodWorks incorporates subsidiary in Netherlands
The fast food chain operator on Tuesday announced that it incorporated a wholly-owned subsidiary, ‘Jubilant Foodworks Netherlands B.V.' having a paid-up capital of one euro (€1).
Jubilant Foodworks Netherlands B.V. was incorporated in Netherlands on 15 February 2021 and is yet to commence its business. The company subscribed to one hundred shares of nominal value of one eurocent (€0.01) each in the subsidiary, aggregating to one euro (€1). The unit will explore business opportunities in the region.

Shares of Jubilant FoodWorks rose 0.49% at Rs 2884.05. Jubilant Foodworks is India's largest foodservice company. Its Domino's Pizza franchise extends across a network of 1,314 restaurants in 285 cities (as of 31 December 2020). The company also enjoys exclusive rights to develop and operate Dunkin' Donuts restaurants in India, has in operation 27 restaurants across 8 cities in India (as of 31 December 2020).

On a consolidated basis, Jubilant Foodworks' net profit jumped 21.71% to Rs 123.91 crore on a 0.2% fall in revenue from operations to Rs 1,069.3 crore in Q3 December 2020 over Q3 December 2019.

Previous News
  Jubilant Foodworks consolidated net profit rises 92.95% in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   16:38 )
  Nifty settles below 24,350 mark; media shares decline
 ( Market Commentary - Quick Review 12-Aug-24   15:55 )
  Jubilant Foodworks
 ( Results - Analysis 18-May-23   10:27 )
  Jubilant Foodworks consolidated net profit declines 39.98% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   16:04 )
  Jubilant FoodWorks slides after Q3 PAT drops 35% YoY to Rs 88 cr
 ( Hot Pursuit - 01-Feb-23   15:13 )
  Jubilant FoodWorks arm to incorporate subsidiary in Nepal
 ( Hot Pursuit - 22-Nov-22   09:23 )
  Jubilant Foodworks consolidated net profit rises 7.85% in the December 2021 quarter
 ( Results - Announcements 02-Feb-22   16:03 )
  Jubilant Foodworks
 ( Results - Analysis 30-May-22   17:17 )
  Jubilant Foodworks
 ( Results - Analysis 02-Feb-22   17:43 )
  Jubilant FoodWorks slides as Q2 PAT drops 39% YoY to Rs 72 cr
 ( Hot Pursuit - 26-Oct-23   10:26 )
  Jubilant FoodWorks slides after recording PAT of Rs 119 cr in Q2 FY23
 ( Hot Pursuit - 09-Nov-22   10:41 )
Other Stories
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top