Jubilant FoodWorks Limited (JFL), known for its commitment to transparency and robust governance practices, has released a new initiative to share key performance highlights after every quarter in the form of a ‘Quarter Preview.’ For the quarter ended December 31, 2024, the company reported strong growth across key metrics, driven by its strategic focus and operational excellence.
Key Highlights for Q3 FY2024
1. Revenue from Operations (Provisional)
JFL delivered impressive growth in its revenue performance:
- Consolidated Revenue: Rs 2,153.2 crore, marking a 56.2% year-on-year (YoY) increase.
- Standalone Revenue: Rs 1,611.1 crore, achieving an 18.9% YoY rise.
2. Like-for-Like (LFL) Growth
- Domino’s India: The brand reported a robust LFL growth of 12.5%, reflecting continued customer loyalty and operational excellence.
- Domino’s Turkey: Post-IAS-29 adjustments, LFL growth stood at -3.2%, highlighting challenges in the region.
3. Expanding Store Network
JFL has achieved remarkable progress in expanding its store footprint across key markets. As of December 31, 2024, the JFL Group’s total network comprised 3,260 stores, with a net addition of 130 stores during the quarter.
- Domino’s India: The brand opened 60 net new stores, bringing the total to 2,139 stores.
- Domino’s Turkey: With the addition of 25 net new stores, the total count reached 738 stores.
