Domino’s India operator Jubilant FoodWorks on Wednesday released its fiscal first quarter earnings report with profit (attributable to owners of the parent) at Rs 91.76 crore. This was 64.44 per cent higher than Rs 55.80 crore recorded during the first quarter of FY25. It posted revenue from operations at Rs 2260.86 crore, up 16.96 per cent as against Rs 1933.06 crore recorded during the corresponding quarter of previous financial year. The company’s consolidated EBITDA stood at Rs 438.00 crore with EBITDA margin at 19.4 per cent.
Sameer Khetarpal, CEO and MD, Jubilant FoodWorks Limited, said, “Q1 has been a stellar start, setting the tone for a dynamic year ahead. We’ve accelerated menu innovation, significantly expanded the share of our own digital assets and made decisive strides towards achieving 20-minute delivery.
“In parallel, we continue to scale Popeyes with the ambition of making it India’s most loved chicken brand. Our focus remains firmly on margin expansion in the business, while maintaining strong cash flows from our Turkey business,” he added.
The group store network expanded to 3,387 stores with the addition of 71 net stores (India: +58; Turkey: +12, Bangladesh: +1).
Jubilant Foodworks’ India segment update
Jubilant FoodWorks’ India segment posted revenue at Rs 1701.60 crore, registering a growth of 18.2 per cent driven by 17.7 per cent growth in Domino’s India. Domino’s LFL came in at 11.6 per cent with Domino’s Delivery LFL at 20.1 per cent. Profit after tax and before exceptional items was Rs 66.70 crore, up 29.5 per cent YoY. A total of 58 net stores were added across all brands in India, ending the period with 2,362 stores.
Jubilant Foodworks’ International segment update
In Turkey, system sales came in at Rs. 930.00 crore. The revenue stood at Rs 518.80 crore, up 12.4 per cent YoY with strong PAT margin delivery of 9.4 crore. Domino’s Sri Lanka revenue came in at Rs 24.80 crore, up 42.4 per cent. Domino’s Bangladesh revenue stood at Rs 17.70 crore, higher by 4.3 per cent. A total of 13 net stores were added across all brands in the International markets, ending the period with 1,025 stores.