Jubilant food works awaits relaxation in dine-in norms by the government to bring back the glory they had previously.

Jubilant FoodWorks, which operates Domino’s Pizza and Dunkin’ Donuts chains in India reported a 21.71 percent increase in consolidated profit at Rs. 123.91 crore in the third quarter ended December 2020.

COVID-19 just sprouted like a Hyacinth, making its presence ominous as well as harmful to the Humankind. Several companies, trade and commerce activities had a setback, closures, in severe cases. With the declaration of government’s unlock they gradually embarked on the much needed journey of revival but turnout for the produce is still a matter to ponder, as they are quite low given the pre-COVID times.
Restaurant and dine-in services are one of those which were almost shut for long because of the government’s decision of social distancing which was compelling and urgent too. As the economy, life, and food services are clinging to the rope of hope, companies are expecting greater turnouts for what they offfer.

Pratik Pota, Chief Executive Officer and Wholetime Director, Jubilant food works Ltd., said, “At present, the dine-in capacity at restaurants is constrained at 50 percent to prevent the spread of COVID-19. Jubilant is following all COVID SOPs being followed assiduously as dine-in demand coming back very strongly. Recovery is slow in dine-in business remains because of restrictions on seating capacity in restaurants. On the dine-in channel specifically, the constraint is more on supply than demand. That (restrictions) is what has held back the recovery significantly”.

Pota said the Jubilant food works opened 50 new Domino’s stores in the third quarter this year, the highest-ever in a quarter.

 

 

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