Categories Earnings

Earnings Summary Of Jubilant Foodworks Limited For Q3 FY23

Jubilant FoodWorks Limited (NSE: JUBLFOOD) is one of the largest food service companies in India. It is the master franchisee of Domino’s Pizza in India, Sri Lanka, Bangladesh, and Nepal, and also has its own brand of quick service restaurants called “Hong’s Kitchen.” JFL operates over 1,300 Domino’s Pizza outlets in India and has a strong presence in the online food ordering and delivery space.

JFL’s focus is on providing high-quality food and customer service, leveraging technology to improve operations and enhance the customer experience. The company has a strong commitment to sustainability, including reducing food waste and promoting eco-friendly packaging. Revenue from Operations for the quarter totaled ₹13,16.6 crore, up 10.3% from the same period last year. The growth in Domino’s order volume was the main factor driving the increase in revenue. Like-for-Like growth for The Domino was 0.3%. Orders drove the 9.9% growth in the delivery channel, which was partially offset by a decline in ticket volume. The combined Dine-in and Takeaway channels saw a 9.8% growth, driven by higher ticket and order totals. The Earnings per share was ₹1.22 for this quarter.

Mr. Shyam S. Bhartia, Chairman, Jubilant FoodWorks Limited said, “In a challenging environment marked by historic high inflation and consequential impact on demand, our performance was impacted. The strength of our brands, continued focus on delivering high value, and an array of planned, strategic interventions will help us navigate the current situation and reorient the business to robust, profitable growth.”

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