Jubilant FoodWorks Limited (JFL), the master franchisee for Domino’s Pizza in India and several other markets, has delivered an impressive performance in the first quarter of the financial year 2025–26.
The company posted a 64.44% jump in consolidated profit and continued to expand its store network aggressively, signaling a strong start to the year.
Domino’s : Profit and Revenue Jump in Q1
For the quarter ended June 30, 2025, Jubilant FoodWorks reported a profit attributable to owners of the parent at ₹91.76 crore, up sharply from ₹55.80 crore in the same quarter last year.
This robust growth was supported by strong sales momentum, improved operational efficiencies, and sustained customer demand across key brands.
Revenue from operations came in at ₹2,260.86 crore, a 16.96% increase compared to ₹1,933.06 crore in Q1 FY25. The company’s consolidated EBITDA stood at ₹438 crore, translating to an EBITDA margin of 19.4%, underlining improved cost control and better product mix.
Domino’s: CEO’s Outlook – A ‘Stellar Start’
Commenting on the results, Sameer Khetarpal, CEO & Managing Director of Jubilant FoodWorks, described the quarter as “a stellar start, setting the tone for a dynamic year ahead.”
“We’ve accelerated menu innovation, expanded the share of our own digital assets, and made decisive strides towards achieving 20-minute delivery,” Khetarpal said.
“We’re also scaling Popeyes with the ambition of making it India’s most loved chicken brand. Our focus remains on margin expansion while maintaining strong cash flows from our Turkey operations.”
Domino’s: Aggressive Store Expansion
JFL’s total store network expanded to 3,387 outlets across India and international markets by the end of June 2025.
During the quarter, the company added 71 net new stores, broken down as follows:
- India: +58 stores
- Turkey: +12 stores
- Bangladesh: +1 store
This expansion reflects the company’s commitment to growing both its core Domino’s brand and newer formats.
Domino’s: India Segment Performance
The India business remains the company’s primary growth driver, delivering ₹1,701.60 crore in revenue, up 18.2% year-on-year.
The performance was boosted by:
- 17.7% growth in Domino’s India sales
- 11.6% Like-for-Like (LFL) growth overall
- 20.1% LFL growth in Domino’s Delivery segment
The profit after tax (before exceptional items) for India stood at ₹66.70 crore, marking a 29.5% YoY growth.
A total of 58 net new stores were opened across Domino’s, Popeyes, and other brands in India, taking the domestic store count to 2,362 outlets.
Domino’s: International Operations Update
While India leads growth, JFL’s international business also contributed significantly:
- Turkey: System sales reached ₹930 crore, with revenue at ₹518.80 crore, up 12.4% YoY. The Turkey market maintained a PAT margin of ₹9.4 crore.
- Sri Lanka: Revenue stood at ₹24.80 crore, representing a 42.4% YoY growth.
- Bangladesh: Revenue was ₹17.70 crore, a 4.3% increase.
The company added 13 net new international stores during the quarter, ending with 1,025 outlets across overseas markets.
Key Growth Drivers
Industry analysts highlight several factors behind Jubilant FoodWorks’ strong Q1 performance:
- Digital Transformation – JFL has been focusing heavily on growing orders through its own digital platforms rather than relying solely on food aggregators, improving profitability.
- Menu Innovation – The introduction of new pizza flavors, side dishes, and combo offers has attracted a wider customer base.
- Faster Deliveries – The push towards a 20-minute delivery promise is aimed at enhancing customer satisfaction and loyalty.
- Brand Diversification – Popeyes is being scaled rapidly to compete in the quick-service chicken segment, while Dunkin’ and Hong’s Kitchen continue to operate in niche categories.
QSR Industry Context
The Quick Service Restaurant (QSR) sector in India has been witnessing strong recovery post-pandemic, driven by:
- Higher disposable incomes in urban areas
- Growing preference for online food delivery
- Rising penetration of branded outlets in smaller towns
Domino’s, as one of the most recognized QSR brands in India, has leveraged these trends by expanding into Tier-2 and Tier-3 cities while maintaining leadership in metros.
Investor Reaction
Following the earnings announcement, market experts believe JFL’s focus on profitable growth and digital-first strategy will support its stock performance.
However, they caution that commodity price fluctuations and currency volatility in international markets could pose short-term risks.
Looking Ahead
With Q1 setting a strong momentum, Jubilant FoodWorks plans to:
- Continue rapid store expansion in both India and international markets
- Invest in technology and automation to improve order fulfillment speed
- Grow Popeyes and other portfolio brands aggressively
- Maintain a balance between market share gains and profit margins
The company’s performance in the next few quarters will depend on consumer sentiment, input cost trends, and the success of its delivery-time promise.
Jubilant FoodWorks Q1 FY26 – Key Highlights
| Metric | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Profit (₹ crore) | 91.76 | 55.80 | +64.44% |
| Revenue (₹ crore) | 2,260.86 | 1,933.06 | +16.96% |
| EBITDA (₹ crore) | 438.00 | — | Margin at 19.4% |
| India Revenue (₹ crore) | 1,701.60 | — | +18.2% |
| Stores Added | +71 | — | Total: 3,387 |
Bottom Line: Jubilant FoodWorks has delivered a blockbuster Q1, fueled by strong Domino’s India growth, international expansion, and a sharper focus on profitability. If the momentum continues, FY26 could be a landmark year for the company.