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Aim to add 100 stores soon, hike prices by 3%: Jubilant FoodWorks

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Jubilant FoodWorks, the maker of Domino's Pizza in India, reported a 40 per cent jump in the net profit at Rs 32.4 crore for the quarter ended June 2012. Ajay Kaul, CEO, Jubilant FoodWorks told NDTV Profit that the company added 24 new stores in the first quarter. "We are planning to add at least 100 new stores in FY13," he said adding that there will be a price hike of 3 per cent soon.

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