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Domino's pizza boxes are pictured inside a restaurant in Noida, India, July 4, 2023. Adnan Abidi
Domino's pizza boxes are pictured inside a restaurant in Noida, India, July 4, 2023. Adnan Abidi
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India's Jubilant FoodWorks profit rises as Domino's sales growth picks up

August 13th, 2026 | 09:02 AM WORLD India 2

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By Reuters

Jubilant FoodWorks (JUBI.NS) posted a higher first-quarter profit on Thursday, aided by steady growth at its Domino's India business ​and continued store expansion, while managing inflationary pressures through pricing measures.

The ‌company's profit rose about 6% year-on-year in the quarter ended June 30 to 972.4 million rupees ($10.19 million), compared to 917.6 million rupees a year ago.

Jubilant's shares reversed course from early ​losses to rise as much as 4.11% after the results.

Quick-service restaurant ​operators are seeing demand recover after a sluggish start to the ⁠year, aided by sporting events and value offerings, though elevated fuel, wage ​and raw material costs continue to weigh on margins.

The company reported consolidated revenue ​of 25.7 billion rupees for the quarter ended June 30, compared to 22.61 billion rupees a year ago, while margins remained flat at 19.6%.

The operator of Domino's Pizza in India had ​said last month that its like-for-like sales growth stood at 2.5% during the ​quarter, improving from 0.2% in the preceding three months, while standalone revenue rose 9.2%.

Brokerages, however, had ‌noted ⁠that like-for-like sales growth remained below the company's long-term annual target range of 5%-7%. Analysts had broadly expected Jubilant FoodWorks to report a rise in quarterly profit, helped by improving demand trends and continued expansion of its store network.

Jubilant ​added 58 Domino's ​stores during the ⁠quarter, taking its Domino's India network to 2,513 outlets, as it continued to expand its footprint.

In a letter to shareholders, ​Chief Executive Sameer Khetarpal said the company was beginning to ​see the ⁠benefits of initiatives launched over the past year, with order momentum improving at Domino's India and fried chicken chain Popeyes continuing to deliver strong growth.

The company said ⁠it ​limited the impact of inflationary pressures on margins ​to about 20 basis points, compared with an expected 200-basis-point hit, through selective price increases and productivity ​measures.

($1 = 95.4275 Indian rupees)

  • Topic
  • RESULTS/ (UPDATE 1, PIX)
  • JUBILANT FOOD
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