Jubilant Foodworks Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Jubilant Foodworks Ltd reported a 9.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 56.8%.
- Its expenses for the quarter were up by 10.3% QoQ and 59.3% YoY.
- The net profit decreased 35.0% QoQ and decreased 34.2% YoY.
- The earnings per share (EPS) of Jubilant Foodworks Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2168.09 | 1984.93 | 1382.27 | 9.2% | 56.8% |
Total Expenses | 2090.00 | 1895.68 | 1311.93 | 10.3% | 59.3% |
Profit Before Tax | 73.60 | 89.26 | 70.33 | -17.5% | 4.6% |
Tax | 23.67 | 15.47 | 20.13 | 53.0% | 17.6% |
Profit After Tax | 43.23 | 66.53 | 65.71 | -35.0% | -34.2% |
Earnings Per Share | 0.70 | 1.00 | 1.00 | -30.0% | -30.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jubilant Foodworks Ltd is a prominent player in the Indian food service industry, primarily known for its franchise of the Domino's Pizza brand in India. The company also operates Dunkin' Donuts and has ventured into its own brands, including Hong's Kitchen and Ekdum!. As a leader in the Quick Service Restaurant (QSR) segment, Jubilant Foodworks has consistently expanded its footprint across India and neighboring countries. Recent developments include ongoing expansion plans and strategic initiatives aimed at enhancing customer experience through digital transformation and menu innovations. The company aims to leverage its extensive network and brand reputation to capture a larger share of the growing food service market.
Revenue
In the third quarter of the fiscal year 2025, Jubilant Foodworks Ltd reported a total income of ₹2168.09 crores, showing an increase from ₹1984.93 crores in the previous quarter (Q2FY25) and ₹1382.27 crores in the same quarter of the previous fiscal year (Q3FY24). This represents a quarter-over-quarter (QoQ) growth of 9.2% and a year-over-year (YoY) increase of 56.8%. The significant YoY growth underscores the company's ability to enhance its revenue streams, potentially through increased store openings and higher same-store sales growth. The QoQ growth suggests a steady upward trajectory in revenue generation over the recent quarters.
Profitability
The profit before tax for Jubilant Foodworks Ltd in Q3FY25 was ₹73.60 crores, compared to ₹89.26 crores in Q2FY25 and ₹70.33 crores in Q3FY24. Despite the decrease in profit before tax on a quarter-over-quarter basis by 17.5%, there was a slight YoY increase of 4.6%. The tax expense for the quarter was ₹23.67 crores, rising from ₹15.47 crores in the previous quarter, which marks a 53.0% increase. This resulted in a profit after tax of ₹43.23 crores for Q3FY25, a decline from ₹66.53 crores in Q2FY25 and ₹65.71 crores in Q3FY24, reflecting a 35.0% decrease QoQ and a 34.2% decrease YoY. The company's earnings per share (EPS) also decreased to ₹0.70 from ₹1.00 in both the previous quarter and the same quarter last year, showing a 30.0% decline QoQ and YoY.
Operating Metrics
The total expenses for Jubilant Foodworks Ltd in Q3FY25 amounted to ₹2090.00 crores, up from ₹1895.68 crores in Q2FY25 and ₹1311.93 crores in Q3FY24. This represents a QoQ increase of 10.3% and a YoY increase of 59.3%. The growth in expenses is higher than the growth in total income on a QoQ basis, which may affect operating margins. The company's focus on expanding its operations could be a factor contributing to the rise in expenses. The analysis of these metrics provides insights into the company's operational efficiency and cost management strategies.
