Domino's Pizza Boosts Jubilant Foods' Q1 Earnings

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Posted by AI on 2025-08-13 13:59:06 | Last Updated by AI on 2025-08-14 05:26:43

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Jubilant FoodWorks, the master franchise owner of Domino's Pizza in India, reported a stellar Q1, with a 29% year-on-year jump in standalone net profit at Rs 67 crore.

Jubilant FoodWorks (JFL), which operates 650 restaurants in the country, including 154 Dunkin' Donuts, 83 Domino's, and 50 Popeyes, reported a 22% increase in total revenue at Rs 886 crore in Q1 FY23 compared to Rs 731 crore in Q1 FY22. The company added 67 new Domino's stores during the last three quarters, while Popeyes and Dunkin' Donuts saw one and two stores, respectively, being closed during the period.

"During the quarter, we added 67 new Domino's stores and completed the acquisition of 20 stores. We are pleased with the recovery in the dine-in sales at our restaurants, which were impacted during the pandemic," said Pratik Pota, CEO of Jubilant FoodWorks.

The company's Domino's Pizza business continues to be the star performer, accounting for close to 75% of its revenues. The company cited the successful execution of price initiatives and improved product offerings as the primary drivers for the same.

"Domino's Pizza India continued to strengthen its leadership position. During the quarter, we added 67 new stores, taking the total store count to 792 stores. We remain focused on growth through successful execution of our 'Think Global, Act Local' strategy," said Rahul Twaha, Senior Vice President, and Operations Head of Domino's Pizza, India.

Jubilant FoodWorks Limited is committed to delivering delicious experiences to its customers by operating Domino's Pizza, Dunkin' Donuts, and Popeyes restaurants in India.

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