Jubilant FoodWorks share price climbs over 7% despite 33% dip in Q3 profit to ₹41 crore

The stock climbed as much as 7.33% to ₹688 apiece on the National Stock Exchange. At 11:45 am, it was up 6% to ₹679.9 per share.

Jubilant FoodWorks Q3 results

Jubilant FoodWorks posted a 32.66% decline in its standalone profit after tax (PAT) to ₹41.04 crore in the third quarter of the current fiscal year.

A year back, the post-tax profit was ₹60.95 crore.

Revenue from operations stood at ₹1,611 crore in the reporting quarter, up 18.89% from ₹1,355 crore in the year-ago period.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 10.6% to ₹312.7 crore in the latest December quarter, compared to ₹282.8 crore in Q3 FY24. The EBITDA margin was at 19.4% versus 20.9% in same period previous year.

"This is a quarter of new highs. Not only in revenue but also in same store sales growth, store expansion, app traffic, app conversion, customer loyalty, new customer acquisition and highest absolute EBITDA. We remain focused on building platforms and accelerating our prowess as a food-tech company," Jubilant FoodWorks CEO and MD Sameer Khetarpal said.

The company's India segment revenue advanced 18.9% to ₹1,611.1 crore, due to Domino's India's 18.3% year-on-year (YoY) growth.

In Turkiye, Georgia, and Azerbaijan, DP Eurasia system sales were at ₹754.4 crore, while revenue grew 9.5% QoQ to ₹504.4 crore.

"Sri Lanka delivered a record Q3 performance, with revenue up 65.4% year-over-year, driven entirely by same-store sales growth. Strategic initiatives, including store relocations, new product launches, and focused marketing campaigns, fuelled this impressive turnaround," the company said.