The Best CFOs of India
2. Ravi S. Gupta
CFO of Jubilant Foodworks
Gupta received the ‘Sustained Wealth Creation (Mid-size Companies)’ award by YES Bank. Jubilant Foodworks is an ace franchisee in India for international food chains, like - Dunkin' Donuts and Dominos Pizza International. According to Gupta, leveraging their volume growth with their business partners has helped reduce the effect of inflation on food prices. He quotes, "We definitely expect to maintain margins hereon," as given by MoneyControl.Com. According to Business Today, their unique model helps them operate even with negative working capital. As they believe in serving their customers, their consumer insight is also very accurate. He also said that they haven’t passed on the full impact of inflation to the customers.
