Home / Business and Economy / Jubilant FoodWorks Serves Up Q3 Profit Surge
Jubilant FoodWorks Serves Up Q3 Profit Surge
10 Feb
Summary
- Revenue grew 13.3% to ₹2,437 crore, with net profit rising 65.3%.
- Company added 114 new stores, highest in four quarters.
- Strong performance in India and Turkey drove significant growth.
Jubilant FoodWorks Ltd. announced a strong performance for the December quarter, with consolidated revenue increasing by 13.3% year-on-year to ₹2,437 crore. Net profit saw a substantial rise of 65.3%, reaching ₹70.9 crore. The company's strategic expansion efforts were evident, adding a total of 114 net new stores across its brands and geographies during the quarter, marking the highest quarterly addition in the past four quarters.
In India, revenue from operations grew by 11.8%, driven by robust like-for-like growth at Domino's and high double-digit growth at Popeyes. This domestic success was complemented by strong international performance, particularly in Turkey, where revenue rose 15% year-on-year. Menu innovation, including new pizza and burger offerings, played a crucial role in customer engagement and sales momentum.
The company's focus on operational efficiency resulted in an expanded EBITDA margin to 19.8%. Monthly transacting users on Jubilant's apps increased by 21% year-on-year, contributing to the highest-ever sales recorded in December. Both India and international segments demonstrated meaningful contributions to the overall growth narrative.
