Jubilant FoodWorks Ltd (JFL), India's leading quick-service restaurant chain operator has received a GST demand notice for Rs 46.9 crore, according to a regulatory filing by the company. JFL said it will challenge the GST department's notice. The show cause notice alleges that the Input Tax Credit (ITC) has been reversed in the "incorrected table" while filing the GST return of JFL, said the flagship company of the Jubilant Bhartia Group. "The company has received a show cause notice (SCN) from the GST Department proposing a GST demand amounting to Rs 46,90,96,051," said JFL, which has franchise rights for global QSR (quick-service restaurant) brands as Dominos and Popeyes. The Bhartiya family-promoted firm said it "believes that the SCN issued has not considered the merits" of the submissions filed by the company. "The company is in the process of filing detailed objections within the stipulated timelines as per the SCN. Post such filings, the impugned SCN and proposed demand is
Post Q1 business update, MOFSL has maintained a 'Neutral' view on Jubilant FoodWorks for a target price of ₹475, implying an upside of 8 per cent from the previous close of ₹438.25.
Domino's India posted 2.5 per cent like-for-like sales growth during the quarter as Jubilant FoodWorks expanded its network to 3,712 stores
Jubilant FoodWorks share price dropped after Q4FY26 results as commodity inflation and weak dine-in demand weighed on margins
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The operator of Domino's Pizza and Popeyes restaurants in India, posted a profit of 797.9 million rupees for the quarter ended March 31, up from 480 million rupees a year earlier
Jubilant FoodWorks renews its exclusive Domino's franchise in India for 15 years, with an option to extend the agreement further by 10 years
Company to shut all Dunkin' stores in India by December 2026 after deciding not to renew development rights following a strategic review of operations
The company will evaluate options including rationalisation of operations or the sale and transfer of franchise rights in consultation with the brand's owners, it said in an exchange filing
Domino's operator says LPG supply constraints due to West Asia tensions have had limited impact so far, as it shifts towards alternative energy sources like PNG and electricity
Jubilant FoodWorks Ltd on Saturday said supply of LPG cylinders to certain parts of its store network has been constrained due to the geopolitical situation in West Asia. The company, which operates fast-food chains, including Domino's Pizza and Dunkin' Donuts, said it is taking several steps to conserve LPG and working overtime to move to alternate energy sources like electricity and piped natural gas (PNG). "...we wish to inform that due to the ongoing geopolitical situation in the Middle East, there are supply constraints on the distribution of commercial LPG across the country," Jubilant FoodWorks Ltd (JFL) said in a regulatory filing. Consequently, JFL said, "The supply of LPG cylinders to certain parts of the company's store network has been constrained." Operational impact at this stage is limited and being actively managed, it added. The company further said it is "taking several steps to conserve LPG and working overtime to move to alternate energy sources like electricity
QSR and food delivery stocks, including Jubilant FoodWorks, Devyani International & Eternal fell as LPG shortage forced restaurants and hotels to shut kitchens across cities like Mumbai and Bengaluru
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The consolidated revenue from operations for Jubilant Foodworks Limited (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts, has increased 13.4 per cent to Rs 2,438.7 crore for the third quarter ended December 31, 2025. Its Standalone Revenue from Operations, which primarily consists of India revenue, was at Rs 1,801.5 crore, up 11.8 per cent on year-on-year basis, said JFL, part of the Jubilant Bhartia Group, in its Quarter Preview for Q3/FY26. "During the quarter, net 114 stores were added to the JFL group network, taking the total store count to 3,594 as of the end of the quarter," the group said in a regulatory filing late on Tuesday evening. In the December quarter, the LFL (like-for-like) growth for Domino's India was 5 per cent, while it was 6.3 per cent for Domino's Turkey. During the quarter, Domino's India added 75 new stores, ending the quarter with 2,396 stores. Similarly, Domino's Turkey added 15 new stores, ending the quarter with 783 stores, the
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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
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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