Domino’s India franchisee Jubilant FoodWorks on Wednesday reported a profit of Rs 43.24 crore for the third quarter of FY25, reporting a drop of 34.20 per cent in comparison to Rs 65.71 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 2150.76 crore, up 56.06 per cent as against Rs 1378.12 crore reported during the same period of previous financial year. The company EBITDA stood at Rs 312.7 crore, up 10.6 per cent YoY.
During the quarter, the Group System sales came in at Rs 2408.40 crore. DPEU Revenue crossed the milestone of Rs 500 crore for the first time registering a 9.5 per cent QoQ growth.
For the nine month period, the company posted revenue from operations at Rs 6038.50 crore, up 48.0 per cent. EBITDA for the period came in at Rs 1183.70 crore, higher by 42.1 per cent and EBITDA margin was 19.6 per cent. Profit after tax before exceptional items came in at Rs 183.00 crore, lower by 4.6 per cent.
The JFL Group network strength is now 3,260 stores with net addition of 269 stores in the last nine months. Jubilant FoodWorks added a total of 130 net stores during the quarter with 67 stores in India, 61 in Turkey and 2 stores in Bangladesh.
Sameer Khetarpal, CEO and MD of Jubilant FoodWorks Limited, said, “This is a quarter of new highs. Not only in revenue but also in same store sales growth, store expansion, app traffic, app conversion, customer loyalty, new customer acquisition and highest absolute EBITDA. We remain focused on building platforms and accelerating our prowess as a food-tech company.”
Shares of Jubilant FoodWorks dropped by 4.06 per cent at 4:10 pm to a trading price of Rs 633.90.
Jubilant FoodWorks Q3 performance across regions
India segment
The company’s India operations recorded revenue from operations at Rs 1611.10 crore, up 18.9 per cent driven by 18.3 per cent growth in Domino’s India. Domino’s LFL came in at 12.5 per cent with Domino’s Delivery LFL at 24.7 per cent. EBITDA stood at Rs 312.80 crore and EBITDA margin came in at 19.4 per cent. Profit after tax and before exceptional items came in at Rs 62.30 crore with 3.9 per cent margin. A total of 67 net stores were added across all brands in India, ending the quarter with 2266 stores.
International segment
In Turkey, Azerbaijan and Georgia, DP Eurasia system sales came in at Rs 754.40 crore. Revenue from operations stood at Rs 504.40 crore, higher by 9.5 per cent quarter-on-quarter. EBITDA margin came in at 18.3 per cent. PAT margin came in at 2.4 per cent. Sri Lanka delivered a record Q3 performance, with revenue up 65.4 per cent YoY, driven entirely by same-store sales growth. Strategic initiatives, including store relocations, new product launches, and focused marketing campaigns, fuelled this impressive turnaround. Revenue from Domino’s Bangladesh came in at Rs 17.30 crore, higher by 38.6 per cent. A total of 63 net stores were added across all brands in the International markets, ending the period with 994 stores.