Jubilant Foods Q1 FY23 Results Highlights
- Standalone Revenue up 41% and Net Profit up 80%
- EBITDA Margins 25% Vs 24% YoY, Like for Like Growth 28.3%
- New Stores opened – 58 stores and entered in 12 new cities enhancing reach to 349 cities for Dominos, 2 each for Popeyes and Hong Kitchen (Company has guided in Q4 FY22 to open 250 Dominos store in FY23)
- Dominos Store Network in India
- Jubilant International Network
- Launched Domino’s Cheesy Reward
- Domino’s Sri Lanka is doing good even after challenging environment
- Exceptional Item: Non-cash impairment charge of Rs.26.6 Cr on investment made in Sri Lanka subsidiary due to significant change in country’s environment
- App installed in Q1 is 8.2m
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