Jubilant FoodWorks has gained 1.77 per cent to Rs 568.35 crore after the consolidated net profit of the first quarter, the revenue from operation to Rs 1,240.27 crore in the first quarter of the financial year 2023. According to the company’s statement, the revenue increased, driven by a growth of 28.3 per cent. Dine-in and Takeaway channels witnessed strong sequential growth while momentum continued in the Delivery channel.
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Standalone EBITDA surged 44 per cent to Rs 304.5 crore in Q1 FY23 as against Rs 211.5 crore recorded in Q1 FY22. Despite significant cost headwinds, EBITDA margin rose by 49 basis points to 24.6 per cent in Q1 FY23 as against 24.1 per cent posted in the same period a year ago. Meanwhile, PAT margin stood at 8.1 per cent, increased by 102 bps in Q1 FY23. The profit before tax of Jubliant FoodWorks stood at Rs 137.53 crore in the first quarter, up 65.4 per cent over the corresponding quarter FY2022.
Domino’s Like-for-Like (LFL) sales growth stood at 28.3 per cent in Q1 FY23 against 5.8 per cent in Q4 FY22 and 120.4 per cent in Q1 FY22. LFL sales growth refers to the year-over-year growth in sales for non-split restaurants that opened before the previous financial year.