Pizza always pays bills - Jubilant blasts a hot quarter 🍕

Pizza always pays bills - Jubilant blasts a hot quarter 🍕

Jubilant Foodworks — the company that runs Dominos and Dunkin’ Donuts in India — blasted an outstanding quarter, smashing Dalal Street’s expectations by a mile and more.

Quick look at the numbers: ☝️

  • Net Profit of ₹63 crore, compared to losses of ₹73 crore loss a year ago
  • Revenue of ₹879 crores, up 131% YoY
  • Same store sales grew 114% YoY — this is a number investors look up to understand if new store openings is what’s clouding growth

And while most mainstreet laid low during the second wave, Jubilant opened 20 new Dominos, three Dunkin’ stores and six other restaurants — in anticipation of the recovery boom.

Big picture — at a time when banking and financial stocks are sounding the horn, consumers stepping out, easing up their wallets for an expensive bite, is a good sign for the markets to hold on to!

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