Domino’s Pizza and Dunkin’ Donuts are fast-food chains operated by Jubilant FoodWorks. The company’s June quarter earnings, which were released on Friday, surpassed analyst estimates and investors responded positively. As a result, shares of the company surged 9.1% during intraday trading today, reaching a 31-month high of Rs 653.40 per share.
The company achieved approximately Rs 1,440 crore in revenue, a 9.9% rise over the previous year. However, EBITDA margins decreased by 178 basis points year on year to 19.3%. Profit after tax (PAT) was Rs 52 crore, up from ₹29 crore in the same period last year.
Domino’s India saw a 3% like-for-like (LFL) increase, fueled by a strong 12.1% LFL growth in delivery. The company’s strategic objectives helped contribute to this accomplishment, including a 17.5% year-on-year increase in monthly active users, a loyalty membership approaching 25 million and a 32% increase in new customer acquisitions.
As of 2:02 pm, Jubilant Food shares were trading 9.12% higher at Rs 653.50 on the NSE.
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