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3 min read | Updated on February 12, 2025, 10:44 IST
SUMMARY
Jubilant Foodworks Q3: For the September quarter (Q2 FY25), the company reported a consolidated net profit of ₹66.53 crore in the second quarter ended September 30, 2024. It had posted a consolidated net profit of ₹97.2 crore in the corresponding quarter of the last fiscal year, Jubilant Foodworks Ltd (JFL) said in a regulatory filing.
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Besides Domino's Pizza, Jubilant FoodWorks also has a portfolio of QSR brands in emerging markets with franchise rights for global brands—Popeyes and Dunkin'. Image source: Company's website
Shares of the company fell as much as 3% in the early trade to ₹641.35 apiece on the NSE.
Besides Domino's Pizza, Jubilant FoodWorks also has a portfolio of QSR brands in emerging markets with franchise rights for global brands—Popeyes and Dunkin'.
It also has two brands, Hong's Kitchen, an Indo-Chinese QSR brand in India, and a CAF brand, COFFY, in Turkey.
Jubilant's network comprises 3,130 stores across six markets—India, Turkey, Bangladesh, Sri Lanka, Azerbaijan, and Georgia.
For the September quarter (Q2 FY25), the company reported a consolidated net profit of ₹66.53 crore in the second quarter ended September 30, 2024.
It had posted a consolidated net profit of ₹97.2 crore in the corresponding quarter of the last fiscal year, Jubilant Foodworks Ltd (JFL) said in a regulatory filing.
Revenue from operations in the second quarter stood at ₹1,954.72 crore, as against ₹1,368.63 crore in the year-ago period, the filing added.
Total expenses in the second quarter were at ₹1,895.67 crore. It was at ₹1,290.17 crore in the same quarter of the previous fiscal.
Revenue from operations in India stood at ₹1,466.9 crore, driven by 8.1% growth in Domino's India. A total of 51 net stores were added across all brands in India, ending the period with 2,199 stores.
In the international market, revenue from operations was at ₹460.5 crore, although revenue from Domino's Bangladesh came in at ₹12.6 crore, lower by 5.3% on account of temporary store closures amidst a challenging operating environment. All stores are now operational, it added.
The MoU contains the principal terms and conditions for the purchase of a portfolio of sparkling beverage products and certain other products from The Coca-Cola Company's authorised bottler and for conducting marketing activities (which will be undertaken in the usual/ordinary course) for the said products as defined in the MoU.
The stock price of Jubilant FoodWorks has rallied 39% in the past 12 months and just 1.6% in the past six months.
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