Leading food services company , Jubilant FoodWorks has said it expects to garner over 56 per cent growth year-on-year in terms of its consolidated revenues in its quarterly preview for Q3 FY25. It said that Domino’s India witnessed like-for-like growth at 12.5 per cent.

The JFL Group network ended the December quarter with 3,260 stores marking a net addition of 130 stores during the quarter, it added.

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The company said that its consolidated revenue from operations (provisional) stood at Rs 2153.2 crore in Q3 FY25, up 56. 2 per cent year-on-year. Meanwhile, standalone revenue from operations (provisional) grew 18.9 per cent year-on-year at Rs 1611.1 crore.

Jubilant FoodWorks Limited operates restaurants in India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. It has franchise right for three global brands Domino’s, Popeyes and Dunkin’. It alsp runs restaurant under its own brands which includes Hong’s Kitchen, an Indo-

Chinese QSR brand in India, and a cafe brand – Coffy in Turkey.

The company in its business update filing for December quarter noted that Domino’s India opened 60 net new stores ending the quarter with 2,139 stores. Meanwhile, Domino’s Turkey opened 25 net new stores, ending the quarter with 738 stores, it added. “Domino’s Turkey LFL growth (Post-IAS-29) came in at -3.2 per cent,” it noted.

• Read also: Jubilant FoodWorks inks pact with Coca-Cola for supply of beverages for its restaurants

In December, JFL announced that it has inked an agreement with Coca-Cola India to purchase its portfolio of products that will be sold across its restaurants. This development came close on the heels of the Jubilant Bhartia Group striking a deal to acquire 40 per cent stake in Hindustan Coca-Cola Holdings. HCCH is the parent of Coca-Cola’s Indian bottling arm, Hindustan Coca-Cola Beverages Ltd.

“A Master Agreement will be executed between the parties commencing from April 1, 2025 based on the principal terms and conditions mentioned in the MoU,” the company stated in its BSE filing.