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Jubilant FoodWorks Q3 Review - LFL Disappoints, Leading To Ebitda Miss; Recovery To Take Time: Motilal Oswal

Weak operating leverage as a result of flat like-for-like led to Ebitda margin of 22%, versus our expectation of 24.5%.

<div class="paragraphs"><p>Domino's Pizza's store outlet, operated by Jubilant Foodworks Ltd.   (Photo:&nbsp;Vijay Sartape/ Source BQ Prime)</p></div>
Domino's Pizza's store outlet, operated by Jubilant Foodworks Ltd. (Photo: Vijay Sartape/ Source BQ Prime)
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