How Did Jubilant FoodWorks Deliver Strong Double-Digit Growth in Q2 FY26?
About Jubilant FoodWorks’ Performance
Jubilant FoodWorks, the operator of Domino’s Pizza in India, reported strong Q2 FY26 performance with consolidated revenue from operations rising 19.7% year-on-year to ₹2,340.4 crore. The company’s performance signals the resilience of India’s quick-service restaurant (QSR) segment, which continues to expand despite inflationary challenges and competitive intensity.
The company added 81 net new stores during the quarter, taking the total Domino’s India store count to 2,321. This continued expansion underscores its focus on deeper market penetration and quick delivery network optimization across urban and Tier-II/III locations.
Like-for-like (LFL) growth in Domino’s India stood at 9.1%, reflecting sustained demand momentum, improved dine-in recovery, and digital channel integration. The company continues to benefit from its operational efficiencies, aggressive store rollouts, and a diversified product portfolio aimed at strengthening its leadership position.
Revenue Drivers and Operational Efficiency
The 19.7% YoY revenue growth was driven by rising delivery volumes, new store additions, and an uptick in average ticket sizes. Digital orders continued to form the backbone of operations, contributing over 97% of total orders, supported by an enhanced mobile app interface and customer retention programs.
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Management maintained a disciplined approach to cost management amid commodity fluctuations. Although raw material and fuel costs remained elevated, operational leverage from higher sales volumes partially offset the inflationary impact, helping sustain operating margins.
Expansion and Long-Term Outlook
Domino’s India’s expansion strategy remains central to Jubilant FoodWorks’ growth story. The addition of 81 new outlets during the quarter reflects continued faith in India’s consumption story and the company’s ability to capture evolving demand across cities. The focus on regional menu innovation and digital ordering efficiency is expected to enhance its long-term profitability.
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Going forward, the company plans to accelerate store openings, strengthen regional presence, and explore adjacent segments such as Hong’s Kitchen and Popeyes. With a healthy balance sheet, Jubilant FoodWorks appears well positioned to capitalize on India’s long-term consumption growth trajectory.
Investor Takeaway
Jubilant FoodWorks’ Q2 FY26 performance reflects a robust recovery in consumer spending and an agile expansion strategy. With consistent store growth, digital acceleration, and disciplined cost controls, the company continues to consolidate its position as India’s leading QSR player.
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SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
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