PL Capital's channel checks indicate that industry footfalls in the third quarter have not matched initial projections, with limited evidence of incremental spending benefits from tax changes.
Based on channel checks, Elara Capital analysts said the QSR universe is seeing soft demand trends in the current quarter, even after recent GST rate cuts.
Jubilant FoodWorks share price jumped as much as 8.5 per cent on the BSE in the intraday trade on the back of solid Q2 results
Jubilant FoodWorks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts, on Monday said its consolidated revenue from operations increased 19.7 per cent to Rs 2,340.4 crore in September quarter FY26. Its standalone revenue from operations, which primarily consists of domestic revenue, was at Rs 1,698.7 crore, up 15.8 per cent on yoy basis, said JFL, part of the Jubilant Bhartia Group, in its quarter preview for Q2/FY26. "As of the quarter's end, the JFL Group network reached 3,480 stores, with a net addition of 93 stores during the quarter," it said. During the quarter, Domino's India LFL (Like-for-Like) growth was 9.1 per cent and Domino's Turkiye at 5.6 per cent. JFL opened 81 new stores of Domino's in India, taking the total number to 2,321 by end of the quarter. Domino's Turkiye opened one new store and closed one store, ending the quarter with 751 stores. Besides India, JFL operates the Domino's Pizza chain in international markets as Turkiye, Azerbaij
Jubilant FoodWorks' stock rose 4.6 per cent, while Devyani International and Sapphire Foods India rose 4.2 per cent and 7.6 per cent, respectively
GST 2.0 reforms may boost QSR demand as tax rates fall. Analysts see Jubilant FoodWorks, RBA, Devyani International, and Sapphire Foods gaining the most
Driven by Domino's Pizza, standalone revenue rose 18 per cent year-on-year (Y-o-Y). Orders grew 17.3 per cent, with like-for-like sales up 11.6 per cent
Jubilant FoodWorks shares rose 4.8 per cent in trade after the company posted its Q1 results on Wednesday, post market hours; here's how brokerages view the stock
The company added that delivery channel revenue was up by 24.6 per cent and dine-in channel revenue rose 2.5 per cent, mainly driven by lunch-hour meals
Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts, on Wednesday reported a 62.58 per cent increase in consolidated net profit to Rs 94.33 crore during the June quarter. The company has reported a net profit of Rs 58.02 crore for the April-June period a year ago, JFL, which is part of the Jubilant Bhartia Group, said in a regulatory filing. Revenue from operations was up 16.95 per cent to Rs 2,260.86 crore in the June quarter from Rs 1,933.06 crore a year ago. Its total expenses were Rs 2,153.74 crore in the June quarter, up 15.3 per cent. JFL's total income, which includes other income, was up 16.88 per cent to Rs 2,279.39 crore. JFL's revenue from the Indian market during the quarter was Rs 1,701.6 crore, up 18.2 per cent, driven by 17.7 per cent growth in Domino's India business, the company said in its earnings presentation. "In Turkey, sales came in at Rs 9,300 million (Rs 930 crore)... Domino's Sri Lanka revenue of Rs 248 million
Jubilant FoodWorks to expand Domino's and Popeyes in India, target 200 bps margin rise in three years, and cut delivery time from 30 to 20 minutes while growing store network
Capex to consumption: Emkay Global adjusts investment strategy amid shifting consumption trends across urban and rural India
Jubilant FoodWorks shares fell 3% on Monday as Domino's Turkey reported a decline of 2.2 per cent in LFL growth