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Earlier report,
Jubilant FoodWorks Q2 revenue up 11.9% to ₹2,608.7 crore; Domino's India like-for-like growth at 4%
Our read
Jubilant FoodWorks' growth will stay mostly store-led, with revenue gains outpacing the 4% like-for-like rate, unless same-store demand picks up in the next quarter or two.
For operators
Jubilant FoodWorks' Q2 shows that a QSR chain can grow revenue 11.9% to ₹2,608.7 crore on only 4% like-for-like growth by adding stores, so Domino's India's 88 new stores (2,601 in total) set the expansion pace to match.
Watch
Domino's India store count moving past 2,601 and the group total moving past 3,820
Ask next
The report,
Jubilant FoodWorks ended September with 3,820 stores across the group after net additions of 108 in the quarter. Domino's India added 88 stores to reach 2,601. Standalone revenue rose 11.6% to ₹1,885.8 crore.
- Q2 FY27 consolidated revenue from operations
- ₹2,608.7 crore
- up up 11.9%
- Q2 FY27 standalone revenue from operations
- ₹1,885.8 crore
- Domino's India like-for-like growth
- 4%
- JFL group total stores at 30 September
- 3,820
What we verified
Checked against the other reports of this story.
- Jubilant Foodworks consolidated Q2 revenue: Rs 2,608.7 crore — CNBC-TV18 and Moneycontrol agree.
- Jubilant Foodworks consolidated revenue growth: 11.9% — CNBC-TV18 and Moneycontrol agree.
- Domino's India like-for-like growth: 4% (CNBC-TV18) vs 4.1% YoY (NDTV Profit) — reports differ.
- Domino's India like-for-like growth: 4% (CNBC-TV18) vs 4.1% (Moneycontrol) — reports differ.
Why it matters to operators
With 3,820 group stores at 30 September, including 2,601 Domino's India outlets, and consolidated revenue of ₹2,608.7 crore against standalone ₹1,885.8 crore, Jubilant FoodWorks has a large non-standalone revenue base that matters for any partnership or deal valuation.
What to watch next
- Q3 FY27 like-for-like growth for Domino's India versus the 4% reported in Q2
- Net store additions in Q3 versus the 108 added by the group in Q2
- Standalone revenue growth versus the ₹1,885.8 crore base and consolidated growth versus 11.9%
- Quarterly results and discounting commentary from listed pizza and burger rivals
Likely next moves
Our read of what comes next — analysis, not reported by the source.
- Jubilant FoodWorks is likely to keep adding Domino's India stores at a steady pace, building on the 2,601 base, and to keep growing the wider 3,820-store group network.
- Management is likely to keep emphasising like-for-like growth, now 4%, as the key measure of underlying demand, and to lean on value offers and product launches to lift it.
- Rival quick-service chains may respond with sharper pricing and value bundles to defend delivery and dine-in share against a Domino's network that keeps growing.
- Expect analysts to focus on the gap between 11.9% consolidated revenue growth and the 4% like-for-like figure, and to probe how much growth comes from new stores versus existing ones.
- Food-delivery aggregators and customers are likely to keep shifting order mix toward discounted deals, which may limit how quickly same-store growth can rise.
Updates
Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.
Jubilant Foodworks Q2 revenue up 11.9% to Rs 2,608.7 crore as it adds 108 stores, taking its network to 3,820
- Domino's India like-for-like growth: 4.1%
- Senco Gold total revenue growth: 31%
- Senco Gold same-store sales growth: 19%
- Senco Gold store network: 215
Jubilant FoodWorks Q2 revenue up 11.9% to Rs 2,609 crore with 108 stores added; Senco Gold H1 topline tops Rs 5,000 crore
- Domino's India like-for-like growth: 4.1% YoY
- Senco Gold H1 topline: over Rs 5,000 crore
- Senco Gold same-store sales growth: 19% YoY
The source
Published
Also reported by Storyboard18, exchange4media, Financial Express, NDTV Profit, Moneycontrol, ET Hospitality, Indian Retailer, Restaurant India
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