Jubilant FoodWorks

In December, the QSR major has also bought 10.76% stake in casual-dining chain Barbeque Nation for Rs 92 crore.

Casual dining chain Barbeque Nation operates over 138 restaurants in 73 cities across India.

This comes as an impact of closure of stores due to COVID-19 pandemic and consequent lockdown.

A total of 47 stores were opened during the quarter, 44 for Domino’s Pizza, 2 for Dunkin’ Donuts and 1 for Hong’s Kitchen.

JFL is an operator of Domino’s Pizza and Dunkin’ Donuts.

The pizza chain is also planning to launch a world class App that will help to redefine the pizza ordering experience of customers in the country.

The revenue of the company rose 17% at Rs 929 crore against Rs 795 crore it posted during the same period last year.

Jubilant FoodWorks will now sell the entire portfolio of carbonated beverages of PepsiCo across all Domino's restaurants in India.

With an experience of 18 years, Kapil will be responsible for leading the marketing strategy for the brand.

Bisht will lead finance and accounts, secretarial and legal functions of the company.

Desai specializes in mergers and acquisitions, derivatives, corporate and financial laws, international business laws and international commercial…

"This change of roles is a strategic move to help both brands - Domino's Pizza and Dunkin' Donuts - benefit from diverse leadership…

According to the company, the decline is attributed to higher expenses and employee benefits.

The company's net sales on standalone basis was up 17.20 per cent to Rs 587.29 crore during the quarter under review as against Rs 501.07 crore…

With this association, the pizza chain is targeting to boost its revenue and profitability and keep up with customer preferences.