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Jubilant Foodworks reported a 56% year-on-year growth in its consolidated revenue for the quarter to ₹2,156 crore, which also includes the acquisition of DP Eurasia.
On a standalone basis, the revenue for Jubilant Foodworks went up by 18.9% from last year to ₹1,611 crore.
For Domino’s India, the Like-For-Like growth during the quarter stood at 12.5%, while 60 new stores were also added during the quarter.
At the end of the quarter, the Jubilant Foodworks group had reached a network of 3,260 stores, with a net addition of 130 stores during the quarter.
Among the key monitorable for Jubilant Foodworks when it reports its December quarter results would be the Like-For-Like growth in both delivery and the dine-in business.
Another factor to watch will be the impact on gross margins from the changes the company has made to its beverage portfolio, along with growth in the Popeyes business.
Among the 31 analysts who have coverage on Jubilant Foodworks, 13 of them have a “buy” rating, 10 of them have a “hold” rating, while the other eight have a “sell” rating on the stock.
Shares of Jubilant Foodworks are currently trading 4.2% higher at ₹791.3. The stock has gained nearly 50% in the last 12 months.
First Published: Jan 6, 2025 9:54 AM IST
