Jubilant FoodWorks Posts Strong Growth in Jan-Mar Quarter; Adds 56 Stores

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By BasisPoint Insight

April 7, 2025 at 7:19 AM IST

Jubilant FoodWorks Ltd. reported a sharp increase in both quarterly and annual revenue, with solid growth across its Domino’s operations and continued store expansion, according to a late Saturday exchange filing.

Consolidated revenue for the March quarter rose 34% on year to ₹21.07 billion, while standalone revenue increased 19% to ₹15.87 billion. For 2024–2025, consolidated revenue jumped 44% to ₹81.46 billion, and standalone revenue rose 14.3% to ₹61.05 billion. The figures are provisional and unaudited.

Like-for-like sales at Domino’s India grew 12.1% in the March quarter, showing continued demand momentum. Domino’s Turkey posted 0.9% growth, after accounting for hyperinflation adjustments.

The company opened 56 net new stores in the March quarter, ending the year with a total of 3,316 outlets across all brands. In India, 52 Domino’s stores were opened and 12 shut. Turkey added eight new stores.

Jubilant FoodWorks operates Domino’s in India, Bangladesh, Sri Lanka, and Nepal. It also runs Popeyes in India, Bangladesh, Nepal, and Bhutan, alongside Dunkin’ Donuts and Hong’s Kitchen in India.

The company’s growth reflects steady expansion and consumer traction across markets despite cost pressures and competitive intensity.

The performance highlights its execution strength across core and international markets, with a strong push in store footprint and brand diversification.