India's Jubilant Foodworks climbs after upbeat quarterly results

Jubilant FoodWorks

14/08/2026 05:26

** Shares of Jubilant Foodworks JUBI.NS rise 3.4% to 508.30 rupees
** Domino's India operator posts 6% rise in Q1 profit and says is confident of returning to 5%-7% same-store sales growth
** Posts same-store sales growth of 2.5% in Q1
** Citi says Popeyes is emerging as JUBI's second growth engine, driven by 40%+ same-store sales growth, improving margins and plans to add 35-40 stores annually, with the brand targeted to reach about 10 billion rupees ($104.81 million) revenue in the next 3-4 years
** Avg rating of 29 analysts on JUBI is "buy"; median PT is 570 rupees - LSEG-compiled data
** YTD, stock down 9.1%
     
($1 = 95.4125 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)
((Kashish.tandon@thomsonreuters.com))