Domino's & Popeyes parent co records 46% dip in net profit despite 42% revenue surge 

Jubilant FoodWorks Ltd., the operator of popular food service brands like Domino’s Pizza and Dunkin’ in India, has reported a 14 per cent year-on-year increase in net profit for the fourth quarter of financial year 2024-25. 

The company has posted a consolidated profit of Rs 493.3 crore for the quarter ended March 31, 2025, as against Rs 432.4 crore in the same period last year.

The company’s total income for the March quarter rose 32.5 percent year-on-year to Rs 2,113.9 crore, up from Rs 1,594.1 crore reported in Q4 FY24. Revenue from operations during the quarter stood at Rs 2,103.2 crore, registering a 33.6 percent rise compared to Rs 1,573.8 crore in the corresponding period a year ago. However, other income declined 46.8 percent to Rs 10.8 crore from Rs 20.3 crore last year.

Despite the strong quarterly performance, Jubilant FoodWorks closed the full financial year with a 45.7 percent drop in net profit. For FY25, the company reported a consolidated profit of Rs 217.1 crore, sharply down from Rs 400.1 crore posted in FY24.

Revenue from operations for the full year rose significantly by 42.4 percent to Rs 8,141.7 crore, compared to Rs 5,656.1 crore in the previous fiscal. Total income grew 44.2 percent to Rs 8,217.1 crore in FY25, up from Rs 5,696 crore in FY24. Other income during the year rose 84.2 percent to Rs 75.3 crore from Rs 40.9 crore last year. 

In its India operations, revenue from operations stood at Rs 6,104.7 crore for FY25, marking a growth of 14.3 percent. The segment posted an EBITDA of Rs 1,180.7 crore, translating to an EBITDA margin of 19.3 percent. Profit after tax (before exceptional items) was Rs 215.4 crore, with a net margin of 3.6 percent.

The company added 208 net new stores across all brands in India during the year, taking its total count to 2,304 outlets.

Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited commented, “Jubilant FoodWorks delivered record group system sales of $1.1 billion in FY’25, driven by the successful Domino's India turnaround, the integration of DP Eurasia, and our focus on technology-enabled operational excellence.” 

Sameer Khetarpal, CEO and MD of Jubilant FoodWorks Limited, commented, “Trajectory of results over the last three quarters, indicate the strength of our strategy, tech-capabilities and strong execution in Domino’s. This growth is order-led, driven by highest-ever new customer acquisition rates, which makes the growth sustainable. We continue to make good progress on our path to build Popeyes and COFFY.”