Jubilant FoodWorks , the master franchisee for Domino's Pizza in India, has officially concluded its business operations in Russia. The company announced the completion of its exit from the Russian market through a regulatory filing.

Divestment Details

Fidesrus B.V., a step-down subsidiary of Jubilant FoodWorks Limited, has finalized the transfer of its entire 100% stake in Pizza Restaurants LLC, its wholly-owned subsidiary in Russia. The transaction was completed on July 10, 2025, as confirmed by an extract from the Russian Trade Registrar received by the company.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Jubilant FoodWorks informed the stock exchanges about this significant development. The company had previously made intimations regarding this matter on May 30, 2025, and April 30, 2025.

Impact on Corporate Structure

As a result of this divestment, Pizza Restaurants LLC has ceased to be a step-down subsidiary of Jubilant FoodWorks Limited, effective July 10, 2025. This move marks the complete withdrawal of Jubilant FoodWorks from its Russian operations.

Market Implications

The exit from the Russian market is a strategic move by Jubilant FoodWorks, potentially allowing the company to focus on its core markets and streamline its international operations. While the financial terms of the deal were not disclosed, this development is expected to have implications for the company's global business strategy.

Investors and stakeholders can find more information about this transaction on the company's website under the Investor Relations section.

The completion of this exit underscores Jubilant FoodWorks' commitment to strategic realignment of its international portfolio, as the company continues to navigate the dynamic global food service industry landscape.

Jubilant FoodWorks , a prominent player in the food service industry, has announced impressive financial results for the first quarter, showcasing strong growth in revenue.

Q1 Revenue Highlights

The company reported consolidated revenue of ₹2,261.40 crores for the quarter, marking a significant year-over-year increase of 17%. This robust growth underscores Jubilant FoodWorks' strong market position and effective business strategies in the competitive food service sector.

Performance Analysis

The 17% revenue growth is a clear indicator of Jubilant FoodWorks' ability to expand its market reach and increase its customer base. This performance is particularly noteworthy given the challenges often faced by the food service industry, including changing consumer preferences and economic fluctuations.

Domino's India, a key brand under Jubilant FoodWorks, reported a like-for-like growth of 11.60%. The company also expanded its presence by adding 61 new stores during the quarter, further contributing to its growth trajectory.

Analyst Perspectives

Analysts have expressed mixed views on Jubilant FoodWorks' performance:

• Morgan Stanley maintains an 'overweight' rating on the stock, indicating a positive outlook on the company's future prospects.
• CLSA, on the other hand, rates it as 'underperform', suggesting a more cautious stance.

These divergent opinions highlight the complex nature of evaluating the company's performance and future potential in the dynamic food service market.

Looking Ahead

While the revenue growth is impressive, investors and market analysts will likely keep a close eye on how this top-line growth translates into profitability and market share gains in the coming quarters. Jubilant FoodWorks' ability to achieve double-digit revenue growth demonstrates its strong footing in the food service market. As the company continues to navigate the dynamic industry landscape, stakeholders will be keen to see if this growth momentum can be sustained in future quarters.