Nexus Select Mall, expects its businesses dependent on consumption to continue growing strongly, as pre-pandemic consumption grew at around 10%. The Blackstone-backed REIT, which has a 45% stake in the company, has 17 malls across 14 Indian cities and 3,000 stores giving footfall of 130 million customers in a year. The company plans to expand its portfolio and acquire more assets.
Jubilant Foodworks Q1 Results: Domino’s India operator beats St view with 63% YoY surge in profit at Rs 91 crore on strong delivery demand
Domino’s India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even