The company so far had an exclusive arrangement with Coca-Cola in the country.
The company will invest major chunck of this sum in product upgrade and rest on marketing campaigns.
#JubilantFoodWorks yesterday reported a 75.88 percent fall in standalone net profit at Rs 6.71 cr in Q4
Following the decline in the stock, the company's market valuation fell by Rs 738.29 crore to Rs 7,030.71 crore
Jubilant FoodWorks, that runs food chains like Domino's Pizza and Dunkin' Donuts in India, today reported 4.22 percent increase in standalone net profit to Rs 35.01 crore for the third quarter ended on December 31, 2014.
A slowdown in the real estate sector has affected the cash-flow of developers, leading to huge delays in completion of housing and commercial projects.
John Kerry visited the Dunkin' Donuts store in Islamabad to a get a "little slice" of the popular American breakfast snack, and was soon trolling on Twitter.
Jubilant FoodWorks, master franchise for Dunkin' Donuts today said it has entered South India's market with its launch of an outlet in Bengaluru.<br />
Two years after the launch of motichoor laddoo doughnuts in India, Dunkin' Donuts head chef Peter D'Mello's won best employee award
Catch them young is the strategy that fast food chains bank on. But for this, one needs more than one items. The US' Dunkin Donuts is warming up to this realisation.<br /><br />
Jubilant Foodworks, the operator of Domino's Pizza and Dunkin' Donuts outlets in India, was once an investor darling. But now the stock has hit its 52-week low after the company missed its earnings estimates.
Jubilant FoodWorks, which has the master franchise for Dunkin' Donuts outlets in the country, has said it will enter the Mumbai and Bangalore markets within next six months.
Krispy Kreme plans to open its first Indian store this year, but it is not alone in its bid to cash in on the $13 billion Western fast food market in India.
Moreover, Jubilant's margins are also under pressure as it scales up Domino's and expand its new Dunkin' Donuts chain.
The firm, which has appointed Jubilant Foodworks Ltd (JBL) as its master franchisee in India, opened its third store in the capital.
Shares in Jubilant FoodWorks gained 2.86 percent to Rs 1,081.00 after CLSA upgraded the stock to "buy" from "outperform
Jubilant Foodworks, the franchisee owner for Domino's pizza in India, reported fourth quarter net profit which surged 52 percent to Rs 29 crore, compared to the same quarter last year.
With the launch of its Connaught Place joint in the national capital Delhi, Jubilant plans to open ten stores during the current financial year and plans to expand to Mumbai too
The company's expansion plans continue on target and it will launch its Dunkin Donut store in the next quarter