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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Jubilant FoodWorks
Jubilant FoodWorks (JUBLFOOD) investor relations material
Jubilant FoodWorks Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary6 Nov, 2026
Executive summary
Q2 consolidated revenue from operations rose to INR 26,078.87m from INR 23,316.67m; continuing-operations profit was INR 1,139.06m vs INR 1,133.73m, while reported net profit was INR 1,115.88m vs INR 1,945.96m.
DITA average daily sales decline was arrested; dine-in and takeaway initiatives aim to make the channel a growth contributor, while Domino's delivery continued to grow.
New product launches contributed almost double-digit growth to overall top-line growth over the last year and were mix accretive.
Financial highlights
Q2 consolidated profit before tax was INR 1,621.18m vs INR 1,623.99m; H1 was INR 3,134.37m vs INR 3,003.47m.
Standalone Q2 revenue was INR 18,849.97m vs INR 16,901.82m; standalone profit for the period was INR 702.11m vs INR 639.47m.
Consolidated discontinued operations recorded a Q2 net loss of INR 23.18m vs INR 812.23m profit in the prior-year comparative, which included discontinued-operation gains.
Domino's faced 200 bps of unforeseen costs, absorbed nearly 140 bps through operating actions, and had 60 bps remaining to offset.
Emerging-brand margin improvement is ahead of plan against a 100 bps goal; Popeyes has a further 100–200 bps of gross-margin improvement potential, alongside store-cost, manpower and marketing needs.
Outlook and guidance
Full-year LFL growth target remains 5%–7%; Q3 was on track with plans, subject to key seasonal trading periods that could move results by 100–200 bps.
Selective pricing increases of 140–200 bps have been applied; further increases remain possible to mitigate inflation.
Popeyes expansion guidance remains 40–45 stores; the next 150 locations are mapped, with quality and unit economics guiding pace.
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Latest events from Jubilant FoodWorks
- Record Domino’s SSG and stronger margins lifted FY19 results, despite GST litigation risk.JUBLFOOD
Q4 18/19 - Pandemic-hit FY 2021 revenue fell, but margin, digital reach and growth initiatives strengthened resilience.JUBLFOODQ4 20/21
- Revenue growth and digital expansion met COVID-19 disruption and lower net profit.JUBLFOODQ4 19/20
- Demonetisation pressured profits as strategy pivoted to profitable, technology-led growth.JUBLFOODQ4 16/17
- Pizza-led recovery drove FY18 profit growth; Dunkin' losses halved.JUBLFOODQ4 17/18
- Sales and same-store growth advanced, but rising costs squeezed margins and earnings.JUBLFOODQ4 15/16
- Record revenue and rapid expansion met softer demand, inflation and margin pressure.JUBLFOODQ4 22/23
- Revenue grew 20.4%, while margin pressure and flat SSG tempered FY15 profit growth.JUBLFOODQ4 14/15
- Income grew, but weak same-store sales and inflation squeezed margins amid continued expansion.JUBLFOODQ4 13/14
Next Jubilant FoodWorks earnings date
Q3 26/2710 Feb, 2027
Jubilant FoodWorks
Next Jubilant FoodWorks earnings date
Q3 26/2710 Feb, 2027
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Frequently asked questions
Jubilant FoodWorks Limited is an Indian food service company primarily engaged in the operation and franchise of quick-service restaurants. The company holds the master franchise rights for Domino’s Pizza in multiple countries and also operates Dunkin’ outlets in India. In addition to its franchise operations, Jubilant FoodWorks has developed its own brands, including Hong’s Kitchen and Popeyes in India. The company is headquartered in Noida, India, and its shares are listed on the NSE.