Jubilant FoodWorks Limited reported its financial results for the first half and second quarter of FY’25, highlighting significant growth in revenue and store expansion.
H1FY’25 overview:
The Group System Sales reached Rs 45,084 million, and the total store network grew to 3,130, with the addition of 139 new stores. Revenue increased to Rs 38,878 million, marking a 43.8 per cent year-on-year rise, while EBITDA rose to Rs 7,816 million, up 41.3 per cent, resulting in a margin of 20.1 per cent.
Q2FY’25 overview:
In the second quarter, Group System Sales totalled Rs 22,719 million, with 73 new stores opened during the quarter. Revenue reached Rs 19,547 million, an increase of 42.8 per cent year-on-year, and EBITDA for the quarter was Rs 3,986 million, leading to a margin of 20.4 per cent.
Domino’s India Performance:
Domino’s India recorded an 8.1 per cent revenue growth, driven by a robust 20.2 per cent increase in orders. Delivery revenue rose by 15.9 per cent, giving delivery a 69.9 per cent share of total sales. The company opened 50 new stores, expanding its network to 2,079 stores across 447 cities.
Financial highlights:
For H1 FY’25, the company reported a profit after tax of Rs 1,323 million, reflecting a 4.9 per cent increase. In contrast, Q2 FY’25 saw a 26.4 per cent decrease in profit after tax, bringing it to Rs 715 million. The India segment reported revenue of Rs 14,669 million, while performance in the international segment varied, particularly in Turkey and Bangladesh. Revenue from Domino’s Sri Lanka came in at Rs 170 million, up by 33.6 per cent. Strategic store relocations, new product launches, and focused local initiatives led to a strong performance. A total of 22 net stores were added across all brands in the International markets, ending the period with 931 stores.
Shyam S Bhartia, Chairman and Hari S Bhartia, Co-Chairman, Jubilant FoodWorks Limited commented, “Our commitment to convenience, innovation, and consumer value is driving competitive growth. We sustained broad-based momentum in Q2, achieving system sales of Rs 45.1 billion in H1 and grew the JFL network to 3,130 stores by adding 139 stores across brands and markets. We’re also pleased with the elevated trajectory in operating profit, enabled by acquisition of a well-run franchised network in Turkey, which complements our corporate-owned store setup in India.”
Sameer Khetarpal, CEO and MD of Jubilant FoodWorks Limited, commented, “Our focussed strategy on doubling down on Domino’s is delivering strong results. With increased investment in brand building, rapid product innovation, expanded regional structure, and denser store networks enabling 20-minute delivery, we’re seeing remarkable volumetric growth momentum. Domino’s India achieved its highest orders, app traffic, conversion rates, and store throughput in recent quarter, underscoring the impact of our approach.”
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