ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Samco Acers
  • Samco Mission Ace The Index
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Companies News

Jubilant FoodWorks shares drop 7% as CEO steps down

Kaul will continue his role till March 2017.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Jubilant FoodWorks shares drop 7% as CEO steps down
As per the regulatory filing, the company's net profit fell 31% to Rs 19 crore in Q1FY17. Photo: Official website

The shares of Jubilant FoodWorks dropped 7% after the company accepted the resignation of Ajay Kaul, CEO and Wholetime director.

At 1012 hours the shares of the company were trading at Rs 937.75 per piece, down 6.71%, or Rs 67.50 on BSE.

Kaul will continue his role till March 2017.

The company which owns the domestic frenchisee of Domino's Pizza and Dunkin' Donuts, in the last quarter ended on June 30, reported a decline of 3.2% in its same store sales, which is lowest in seven quarters. Last year in the June quarter, the company had posted 4.6% SSG.

As per the regulatory filing, the company's net profit fell 31% to Rs 19 crore in Q1FY17. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Jubilant FoodworksJubilant FoodWorks share priceAjay KaulConsumer GoodsDomino's PizzaDunkin' Donuts
Written By: ZeeBiz WebTeam
Updated: Tue, Sep 20, 2016
10:31 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Off the menu! 5 reasons why most analysts have downgraded Domino's pizza maker Jubilant FoodWorks Off the menu! 5 reasons why most analysts have downgraded Domino's pizza maker Jubilant FoodWorks
Jubilant FoodWorks Q4 results: Profit falls 70%; board announces Re 1.2/share dividend Jubilant FoodWorks Q4 results: Profit falls 70%; board announces Re 1.2/share dividend
Q4 results preview: Domino’s pizza maker may post weak results on raw material inflation, weak demand Q4 results preview: Domino’s pizza maker may post weak results on raw material inflation, weak demand

LATEST NEWS

FIRST TRADE: Sensex, Nifty flat with positive bias ahead of RBI policy decision; OMCs slip

Rate-sensitive stocks, oil-linked stocks, Mazagon Dock, Gati, and HeroMoto Corp, among top scrips to track today

From global cues to RBI policy expectations: 10 things to know before opening bell today

Japan upgrades Q1 GDP as businesses spending picks up

RBI Governor Shaktikanta Das says 50% of Rs 2,000 banknotes back in banking system

Income Tax Return Filing deadline: 10 lesser-known tax exemptions you can claim while filing ITR

No respite on home loan EMIs yet as RBI keeps rate paused; can you expect good news soon?

Car Loan Calculator: Buying new car with savings vs taking a four-wheeler loan – which option saves more money?

EXCLUSIVE | Nifty at 40,000? Raamdeo Agrawal says not the right time to stay away from market

SaaS startup Lentra raises $27 million from MUFG Bank, Dharana Capital

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV