Leading food services company, Jubilant FoodWorks, on Wednesday reported a consolidated net profit of ₹82.4 crore in the March quarter, up 67.1 per cent, over ₹49.3 crore in the corresponding quarter in the previous fiscal. Significantly, Domino’s India posted a muted like-for-like (LFL) growth of 0.2 per cent year-on-year (y-o-y) in the March quarter. The company said this was on a high base and was impacted due to factors like sequential timing of festivals and school examinations.
It added that dine-in and takeaway growth was relatively softer during the quarter, impacting overall LFL growth. “Our confidence in sustaining 5-7 per cent medium-term LFL growth for Domino’s India is anchored in the strength of our fundamentals. Q1 FY27 LFL growth is likely to be higher than that of Q4 FY26,” it added.
The company, which operates brands like Domino’s and Popeyes, posted consolidated revenue from operations of ₹2,499.5 crore, up 19.3 per cent over the year-ago period.
LPG supply
On the impact of challenges in commercial LPG availability due to the West Asia crisis, the company said, “During March, select markets experienced temporary LPG supply constraints, which had a limited and localised impact on our operations. Overall, this translated into 30-40 basis points impact on Q4FY26 like-for-like growth of Domino’s India.
“Since then, we have progressively reduced our dependence on LPG, diversified vendor sourcing to further de-risk supply, and benefited from improved availability following the Government of India’s interventions. In Q1 FY27, LPG supply has largely normalised, and business operations have returned to pre-disruption levels,” the company said.
Meanwhile, it said that on a cumulative basis, recent pricing interventions have resulted in an approximate net price increase of about 1.2 per cent.
The board of directors has recommended a dividend of ₹1.2 per equity share.
In a letter to shareholders, JFL Chairman Shyam S Bhartia and Co-Chairman Hari S Bhartia said that FY26 was a year of disciplined execution in a competitive environment. “We enter FY27 with confidence and a clear focus on consolidating our market leadership. The opportunity for organised QSR in India remains significant and multi-decadal. Jubilant FoodWorks is uniquely positioned to capitalise on it through its brands, technology, supply chain, and execution capabilities,” they said.
Overall the Group network expanded to 3,636 stores, with net addition of 69 stores during the quarter.