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Suman Hedge is a Chartered Accountant and MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai. She brings over 20 years of experience across a broad spectrum of leadership positions in the finance function.
Hedge will be joining Jubilant FoodWorks from Hindustan Unilever, where she is Vice president finance - Beauty, Wellbeing & Personal Care, South Asia. Through her multiple stints in Hindustan Unilever and Unilever Europe B.V., she has led several critical functions like controllership, business partnering, procurement, mergers and acquisitions, and investor relations.
Sameer Khetarpal, CEO & MD of Jubilant FoodWorks said, “I am delighted to have Suman lead the finance function at JFL. As a leader, she brings high-quality experience in customerfirst thinking, ability to partner with businesses and lead high-performing teams. The appointment is in line with the Company’s strategic priority of building a solid yet diverse foundation of People and Culture. I would also like to thank Ashish for his distinguished service to the Company and for advancing the finance function during his tenure.”
Jubilant FoodWorks (JFL) is India's largest foodservice company and is part of the Jubilant Bhartia group. Incorporated in 1995, JFL holds the exclusive master franchise rights from Domino's Pizza Inc. to develop and operate the Domino's Pizza brand in India, Sri Lanka, Bangladesh, and Nepal. In India, JFL has a strong and extensive network of 1,888 Domino's stores across 397 cities.
The company’s consolidated net profit declined 39.46% to Rs 72.15 crore despite of 4.51% increase in net sales to Rs 1,344.83 crore in Q2 FY24 over Q2 FY23.
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