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Q3FY19: 73% of Domino’s’ orders placed online; Dunkin Donuts closes 20 restaurants in 12 months

Jubilant Foodworks, which runs Domino’s Pizza and Dunkin Donuts in India, reported 16.8% year-on-year increase in operational revenues to Rs 929 crore in the quarter ended December 31, 2018. Revenues stood at Rs 795 crore in Q3FY18.

The company reported a 46% increase in profits to Rs 96.5 crore from Rs 66 crore in the same quarter last year. Jubilant Foodworks invested Rs 2.85 crore in its wholly-owned subsidiary Jubilant Foodworks Lanka, bringing its total investment in the subsidiary to Rs 89.59 crore.

EBITDA stood at Rs 170.6 crore representing a growth of Rs 24.6%. Pizza Same Store Growth stood at 14.6%.

Notes from online ordering

73% of all of Domino’s’ delivery sales were via online ordering this quarter, higher than 60% in Q3FY18. Of the online orders, 88% were placed via mobile, higher than the 71% in Q3FY18. Domino’s App was downloaded 15.3 million times this quarter, about 40% higher from the 9 million downloads in Q3FY18.

Restaurant numbers 

Domino’s Pizza now runs 1,200 stores across 271 cities, 35 new stores were opened this quarter, and 2 were closed. The store entered 2 new cities – Deoghar in Jharkhand, and Ropar in Punjab this quarter. In FY18, Domino’s Pizza opened 72 stores, closed 6 stores, and opened in 5 new cities this year.

Dunkin Donuts broke even this quarter owing to growth in Donuts & Beverages, “disciplined cost management” and possibly because of the 20 restaurants it shut down between Q3FY18 and this quarter. It currently runs 32 restaurants across 10 cities.

Download: Financials | Release

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