Latest news with #Jubilant
Time of India
5 days ago
- Business
- Time of India
Domino's India operator beats quarterly profit view on strong delivery demand
Domino's India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million rupees. Analysts on average were expecting a profit of 645.6 million rupees, according to data compiled by LSEG. Urban Indian consumers are cutting back on non-essentials amid high living costs, denting same-store sales at budget retailers like Trent and fast food chains including Pizza Hut operators Sapphire India and Devyani International. Jubilant is an outlier in this environment, having reported double digit like-for-like sales growth for atleast three quarters. In the reported quarter ended June, like for like sales at Domino's India restaurants grew 11.6%, led by 20.1% growth in delivery. Sapphire's same store sales at Pizza Hut India fell 8% in the same period, while Devyani's fell 4.2%. Jubilant has not raised prices on average in more than ten quarters, opting to cut costs to drive profitability. In addition to providing value combinations and expanding store count, it has also waived delivery fees on app orders, while sharpening its focus on 20-minute deliveries in dense metros. Rival Devyani, on Wednesday, said it is taking cues from Jubilant's success with its 20-minute delivery model, and strengthening its own food-delivery business. "Jubilant is doing a far, far better job versus what we are it is a delivery first brand," a Devyani executive said on a post-earnings call with analysts. Jubilant's efforts drove first quarter revenue higher by 17%to 22.61 billion rupees. However, its consolidated core profit margin contracted to 19.4% from 19.8%, due to a higher mix of delivery and investments to power sales growth.
Time of India
5 days ago
- Business
- Time of India
Domino's India operator beats quarterly profit view on strong delivery demand
Domino's India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million rupees. Analysts on average were expecting a profit of 645.6 million rupees, according to data compiled by LSEG. Urban Indian consumers are cutting back on non-essentials amid high living costs, denting same-store sales at budget retailers like Trent and fast food chains including Pizza Hut operators Sapphire India and Devyani International. Jubilant is an outlier in this environment, having reported double digit like-for-like sales growth for atleast three quarters. In the reported quarter ended June, like for like sales at Domino's India restaurants grew 11.6%, led by 20.1% growth in delivery. Sapphire's same store sales at Pizza Hut India fell 8% in the same period, while Devyani's fell 4.2%. Jubilant has not raised prices on average in more than ten quarters, opting to cut costs to drive profitability. In addition to providing value combinations and expanding store count, it has also waived delivery fees on app orders, while sharpening its focus on 20-minute deliveries in dense metros. Rival Devyani, on Wednesday, said it is taking cues from Jubilant's success with its 20-minute delivery model, and strengthening its own food-delivery business. "Jubilant is doing a far, far better job versus what we are it is a delivery first brand," a Devyani executive said on a post-earnings call with analysts. Jubilant's efforts drove first quarter revenue higher by 17%to 22.61 billion rupees. However, its consolidated core profit margin contracted to 19.4% from 19.8%, due to a higher mix of delivery and investments to power sales growth.
Time of India
6 days ago
- Business
- Time of India
Jubilant Foodworks Q1 Results: Domino's India operator beats St view with Rs 91.76 crore profit on strong delivery demand
Domino's India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million rupees. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Get Rewards for Trading Vantage Markets IN Register Undo Analysts on average were expecting a profit of 645.6 million rupees, according to data compiled by LSEG. Urban Indian consumers are cutting back on non-essentials amid high living costs, denting same-store sales at budget retailers like Trent and fast food chains including Pizza Hut operators Sapphire India and Devyani International . Jubilant is an outlier in this environment, having reported double digit like-for-like sales growth for atleast three quarters. Live Events In the reported quarter ended June, like for like sales at Domino's India restaurants grew 11.6%, led by 20.1% growth in delivery. Sapphire's same store sales at Pizza Hut India fell 8% in the same period, while Devyani's fell 4.2%. Jubilant has not raised prices on average in more than ten quarters, opting to cut costs to drive profitability. In addition to providing value combinations and expanding store count, it has also waived delivery fees on app orders, while sharpening its focus on 20-minute deliveries in dense metros. Rival Devyani, on Wednesday, said it is taking cues from Jubilant's success with its 20-minute delivery model, and strengthening its own food-delivery business. "Jubilant is doing a far, far better job versus what we are it is a delivery first brand," a Devyani executive said on a post-earnings call with analysts. Jubilant's efforts drove first quarter revenue higher by 17%to 22.61 billion rupees. However, its consolidated core profit margin contracted to 19.4% from 19.8%, due to a higher mix of delivery and investments to power sales growth. ($1 = 87.4380 Indian rupees)
News18
6 days ago
- Business
- News18
Domino's Q1 Results: Jubilant Foods Posts 29% YoY Jump In Standalone Net Profit To Rs 67 Crore
Last Updated: Jubilant adds 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. Leading QSR chain operators Jubilant Foods Ltd (JFL) on Wednesday, August 13, reported a 29% year-on-year jump in its standalone net profit to Rs 67 crore for the first quarter of the current financial year 2025-26. Its revenue from operations during April-June 2025 rose 18 per cent to Rs 1,702 crore, compared with Rs 1,440 crore in the year-ago period. Its net profit had stood at Rs 51.5 crore in the corresponding period last year. The company, which owns Domino's, posted better earnings per share (EPS) of Rs 1.01 per share in Q1 FY26, while expenses grew nearly 18 per cent on-year to Rs 1,626 crore. Jubilant 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. In India, the company now operates 2,240 Domino's outlets, 60 Popeyes stores, 33 Hong's Kitchen outlets and 29 Dunkin' stores. Sameer Khetarpal, CEO and MD of Jubilant FoodWorks, 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." Last week, Jubilant Foods Ltd launched its US-based Fried Chicken brand Popeyes in Mumbai by opening four stores in the city. Louisiana-style fried chicken, which entered in India in January 2022 through master franchise agreement with Jubilant FoodWorks Ltd (JFL) is expanding its presence in the country. Popeyes, which competes with rival QSR chains such as KFC among others, is expanding in the Southern city cluster as – Bengaluru, Chennai, Hyderabad and Delhi NCR in the North. view comments First Published: August 13, 2025, 17:46 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Recorder
6 days ago
- Business
- Business Recorder
Domino's India operator beats quarterly profit view on strong delivery demand
Domino's India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled. The company reported profit of 917.6 million rupees ($10.49 million) for the quarter ended June 30, compared to a year ago profit of 558 million rupees. Analysts on average were expecting a profit of 645.6 million rupees, according to data compiled by LSEG. Urban Indian consumers are cutting back on non-essentials amid high living costs, denting same-store sales at budget retailers like Trent and fast food chains including Pizza Hut operators Sapphire India and Devyani International. Jubilant is an outlier in this environment, having reported double digit like-for-like sales growth for atleast three quarters. In the reported quarter ended June, like for like sales at Domino's India restaurants grew 11.6%, led by 20.1% growth in delivery. India's Muthoot Finance beats quarterly profit view on strong loan growth Sapphire's same store sales at Pizza Hut India fell 8% in the same period, while Devyani's fell 4.2%. Jubilant has not raised prices on average in more than ten quarters, opting to cut costs to drive profitability. In addition to providing value combinations and expanding store count, it has also waived delivery fees on app orders, while sharpening its focus on 20-minute deliveries in dense metros. Rival Devyani, on Wednesday, said it is taking cues from Jubilant's success with its 20-minute delivery model, and strengthening its own food-delivery business. 'Jubilant is doing a far, far better job versus what we are it is a delivery first brand,' a Devyani executive said on a post-earnings call with analysts. Jubilant's efforts drove first quarter revenue higher by 17%to 22.61 billion rupees. However, its consolidated core profit margin contracted to 19.4% from 19.8%, due to a higher mix of delivery and investments to power sales growth.
