Jubilant FoodWorks (JUBLFOOD) Q2 2026 earnings summary

Executive summary

• Achieved consolidated revenue of INR 23.4 billion in Q2, up 19.7% year-on-year, with PAT from continued operations rising 53.7% to INR 1,099 million.

• Group system sales reached INR 27,465 million, with a network of 3,480 stores and net addition of 93 stores in Q2.

• Strong performance in India and international markets, driven by robust order growth, product innovation, and technology adoption.

• The group transferred its entire stake in its Russian subsidiary, Pizza Restaurants LLC, derecognizing related net liabilities.

Financial highlights

• Consolidated revenue from operations rose 19.7% year-on-year to INR 23.4 billion in Q2; consolidated EBITDA grew 19.5% to INR 4.8 billion.

• PAT from continued operations increased 53.7% year-on-year; net profit for the quarter was INR 1,945.96 million.

• Domino's India posted 9.1% like-for-like growth and 15.5% revenue growth year-on-year.

• Turkey reported INR 5.9 billion in revenue and a PET margin of 10.4%.

• H1 consolidated revenue at INR 46,010 million, up 18.3% year-on-year.

Outlook and guidance

• Targeting 15% year-on-year growth for Domino's India, with 5%-7% from like-for-like and 7%-10% from store expansion.

• Guidance to improve EBITDA margin by at least 200 basis points over FY 2024 levels within three years.

• Significant headroom for growth in emerging markets, with focus on store network expansion and leveraging technology.

• The group continues to focus on its core Food and Beverages segment, with no change in segment reporting.