Jubilant Foodworks Q2 FY2025-26 Financial Report: Revenue Rises, Profit Doubles & Momentum Strengthens

Jubilant Foodworks, the master franchisee behind Domino’s Pizza, Popeyes, Dunkin’, and a growing international presence, delivered an impressive performance in Q2 FY2025-26. The quarter was marked by strong revenue growth, better operational efficiency, higher same-store sales traction, and a solid recovery in profitability across domestic and international markets.

The company’s results show that despite inflationary pressures and competitive intensity in India’s Quick Service Restaurant (QSR) sector, Jubilant Foodworks is on a strong and stable growth path. Backed by digital dominance, menu innovation, and aggressive store expansion, the company delivered one of its most balanced quarters in recent years.

🌟 Key Highlights of Jubilant Foodworks Q2 FY2025-26

• Consolidated revenue rose 19.7% YoY to approx. ₹2,340.4 crore

• Net profit surged to ₹194.6 crore, doubling YoY

• EBITDA touched ₹476 crore, supported by operating leverage

• Domino’s India Like-for-Like (LFL) sales grew 9.1%

• Turkey operations reported 5.6% LFL growth (IAS-29 adjusted)

• Store expansion continued across India and international markets

• Digital ordering remained above 60%, strengthening delivery dominance

• Margins improved YoY, despite inflation in raw materials

The results clearly indicate a sharp turnaround versus the same quarter last year and a continuation of improvement seen in Q1 FY26.

🔍 Detailed Analysis: Jubilant Foodworks Q2 FY2025-26

1. Strong Revenue Growth Driven by India & International Markets

Consolidated revenue for Q2 FY26 stood at ₹2,340.4 crore, reflecting almost 20% year-on-year growth. This expansion was driven by:

🔸 Domino’s India

• Higher order volumes

• Steady app-based ordering

• Value-driven menu additions

• Promotion-led footfall in smaller cities

🔸 Turkey & Bangladesh

• Turkey posted 5.6% LFL growth even under hyperinflationary accounting (IAS-29)

• Bangladesh continued double-digit growth momentum

🔸 Network Expansion

The company continued adding new stores in:

• Tier-1 and metro markets

• Emerging tier-2 & tier-3 cities

• International regions

Every new store contributes to operational leverage, higher delivery density and improved revenue visibility.

2. Profitability Doubles: A Major Turnaround

Jubilant Foodworks reported ₹194.6 crore net profit, almost 2x the profit from Q2 FY2024-25. The profit improvement came from:

• Higher revenue

• Better operating efficiencies

• Improved store-level profitability

• Lower year-ago base effect

• Controlled administrative costs

Even after maintaining competitive pricing and value offers, the company managed to strengthen its profit margins — a positive sign in an inflation-impacted sector.

3. EBITDA Growth & Margin Performance

EBITDA reached approximately ₹476 crore in Q2 FY26, maintaining healthy margins around 20%.

EBITDA growth was supported by:

• Higher sales

• Better cost management

• Efficient supply-chain operations

• Scaling of digital-first stores

Although input cost inflation in cheese, wheat, and oils remains a concern, Jubilant has managed this through menu optimization and cost rationalisation measures.

4. Like-for-Like Sales (LFL) Show Strong Brand Momentum

LFL sales are a key indicator of customer demand and brand strength.

✔ Domino’s India LFL: +9.1%

✔ Domino’s Turkey LFL: +5.6% (post IAS-29)

These numbers highlight:

• Consumers continue choosing Domino’s as a high-value, reliable food option

• App-driven ordering is boosting repeat purchase behaviour

• Value offerings such as everyday deals and combos are driving footfall

5. Management Guidance for FY2025-26

Management commentary after the earnings announcement reflected confidence and strategic clarity.

📌 Guidance Highlights:

• Continued investment in new-store expansion

• Greater focus on operational excellence in kitchens & delivery

• Stronger push toward tech-driven ordering & loyalty programs

• Growth in food-delivery ecosystem through exclusive digital channels

• Optimisation of international markets to improve EBITDA contribution

The leadership emphasised consistent long-term scaling rather than aggressive, unsustainable expansion.

6. Operational & Strategic Initiatives

Jubilant Foodworks is leaning on three pillars to drive long-term growth:

1️⃣ Digital Dominance

Over 60% of Domino’s orders now come from the app and website.

2️⃣ Menu Innovation

New items, value meals, low-cost combos, and region-inspired products helped the brand capture diverse customer segments.

3️⃣ Store Network Expansion

Hundreds of new stores are being added annually, especially in high-growth tier-2 and tier-3 cities.

Together, these initiatives give the company a strong competitive moat.

📊 Comparative Table: Q2 FY26 vs Q1 FY26 vs Q2 FY25

Below is a clear comparison of Jubilant Foodworks’ performance across three quarters:

This table clearly shows that Jubilant Foodworks has gained momentum both sequentially and annually, demonstrating a steady turnaround.

📈 Investor Viewpoint: What This Quarter Indicates

Investors should note several positives:

✦ Strong volume-driven growth

✦ Stable margins despite inflation

✦ Increased profit indicates operational discipline

✦ Deepening digital penetration

✦ Improving unit economics of newer stores

✦ Recovery in international markets

These factors show that the company is on a sustainable profitability path.

⚠️ Risks to Watch

Despite strong results, investors should keep an eye on:

• Commodity price inflation (cheese, oil, wheat)

• Competitive pricing pressure from global and regional QSR brands

• Hyperinflation accounting impacts in Turkey

• FX volatility in overseas markets

• Rising operational costs due to store expansion

Still, the company’s strong balance sheet, brand leadership and digital-first strategy help mitigate these risks.

🔮 Outlook for the Next Quarters

The festive season in India (Q3 & Q4) traditionally boosts the food and delivery industry. Jubilant Foodworks is well-positioned to benefit through:

• New menu offerings

• Aggressive discount-led campaigns

• Rapid expansion in smaller cities

• Technology-led delivery efficiency

Expect steady revenue growth, improved profitability and stronger brand engagement through FY26.

🎯 Conclusion

Jubilant Foodworks delivered a strong and confident performance in Q2 FY2025-26, marked by:

• 19.7% revenue growth

• A doubling of net profit

• Strong LFL growth in India and Turkey

• Stable margins

• Enhanced operational discipline

• Positive management guidance

For your news blog, this quarter reflects a clear comeback and growth story. The company is successfully balancing value, expansion, digital focus and profitability — positioning itself as a long-term winner in India’s fast-growing QSR sector.