Jubilant FoodWorks Q3: Revenue To Rises 56.2% To Rs 2,153 Crore

Jubilant FoodWorks Ltd on Monday said it estimates a 56.2% growth in consolidated revenue from operations at Rs 2,153.2 crore in the third quarter of the ongoing fiscal, compared to the year-ago period.

In its quarterly update, the company, which operates popular fast food chains such as Domino's, Popeyes and Dunkin, said the provisional standalone revenue from operations in the third quarter was at Rs 1,611.1 crore, higher by 18.9% year-on-year.

On a like-for-like basis, Domino's India growth was at 12.5% and the same for Turkey was down 3.2%, Jubilant FoodWorks Ltd said in a regulatory filing.

As of October-December quarter end, the JFL Group network reached 3,260 stores, with a net addition of 130 stores during the quarter, it said.

Domino's India opened 60 net new stores, ending the quarter with 2,139 stores, while Domino's Turkey opened 25 net new stores, ending the quarter with 738 stores, it added.