As the earnings season is about to begin, Jubilant FoodWorks Ltd, which operates Domino's Pizza and Dunkin' Donuts outlets in India, has announced the schedule for earnings announcement for the first quarter of the financial year 2024-25. The FMCG company announced this in an exchange filing on June 20, 2024.
“... it is hereby informed that a meeting of Board of Directors of the Company is scheduled to be held on Friday, August 9, 2024 to, inter alia, consider the unaudited consolidated & standalone financial results of the Company for the quarter ending on June 30, 2024 (“Financial Results”),” said the Domino's operator in the exchange filing.
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"Further, pursuant to the Company’s Code of Conduct for Prevention of Insider Trading adopted by the Company under the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company will be closed for all the Designated Persons (including their immediate relatives) from Monday, June 24, 2024 till Sunday, August 11, 2024 (inclusive). The Designated Persons have been intimated not to trade in the securities of the Company during the above said period of closure of trading window, "added the company.
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The company also recorded a one-time gain of 1.70 billion rupees from the adjustment to the fair value of its prior equity holding in DP Eurasia N.V. after acquiring an additional stake.
Jubilant opened 67 new Domino's stores during the quarter, helping overall revenue rise nearly 24% to 15.73 billion rupees.
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