Jubilant FoodWorks: A Recipe for Revenue Growth
Jubilant FoodWorks Ltd forecasts a 56.2% growth in revenue to Rs 2,153.2 crore for the third quarter. This growth is driven by its fast food chains like Domino's, Popeyes, and Dunkin. The company also reported net new openings in India and Turkey, reflecting its expanding store network.
- Country:
- India
Jubilant FoodWorks Ltd announced on Monday an anticipated revenue growth of 56.2% to Rs 2,153.2 crore for the third quarter of the fiscal year, compared to the previous year.
The company, known for operating fast food chains such as Domino's, Popeyes, and Dunkin, revealed that provisional standalone revenue increased by 18.9% year-on-year, reaching Rs 1,611.1 crore.
While Domino's India saw a 12.5% like-for-like growth, Domino's Turkey experienced a decline of 3.2%. The JFL Group expanded its network to 3,260 stores with 130 new additions during the quarter.
(With inputs from agencies.)
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