JUBLFOODJubilant FoodWorks Ltd.
Jubilant FoodWorks Q2 FY27 Results: Consolidated Net Profit ₹112 Crore on Total Income of ₹2,627 Crore
- Earnings
- Food and beverages (quick service restaurants)
Reviewed byKeshav SehgalBlacklitt Research
Jubilant FoodWorks (NSE: JUBLFOOD) reported consolidated total income of ₹2,627.06 crore and consolidated net profit of ₹111.59 crore for the quarter ended 30 Sep 2026, it said in a filing on 06 Nov 2026. Standalone total income was ₹1,892.00 crore and standalone net profit ₹70.21 crore for the same quarter. The results are unaudited and were reviewed by the statutory auditor.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹2,627.06 crore, up 11.9% YoY and 1.5% QoQ
- Net profit: ₹111.59 crore, down 42.7% YoY and up 11.6% QoQ
- EPS: ₹1.64 basic, against ₹2.82 a year earlier
- Finance costs: ₹111.86 crore, up 6.3% YoY
Standalone
The company on its own, without its subsidiaries
- Total income: ₹1,892.00 crore, up 11.5% YoY and 1.9% QoQ
- Net profit: ₹70.21 crore, up 9.8% YoY and 0.8% QoQ
- EPS: ₹1.06 basic, against ₹0.97 a year earlier
- Finance costs: ₹75.38 crore, up 13.0% YoY
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 2,627.06 | 2,346.84 | +11.9% | 2,588.34 | +1.5% | |
| Revenue from operations | 2,607.89 | 2,331.67 | +11.8% | 2,569.65 | +1.5% |
| Other income | 19.17 | 15.17 | +26.4% | 18.69 | +2.6% |
| 111.59 | 194.60 | -42.7% | 100.03 | +11.6% | |
| Profit before tax | 162.12 | 162.40 | -0.2% | 151.32 | +7.1% |
| Finance costs | 111.86 | 105.22 | +6.3% | 120.27 | -7.0% |
| Depreciation | 261.37 | 227.92 | +14.7% | 255.03 | +2.5% |
| Tax expense | 48.21 | 49.03 | -1.7% | 48.12 | +0.2% |
| Net profit margin | 4.25% | 8.29% | -4.04 pp | 3.86% | +0.38 pp |
| EPS, basic (₹) | 1.64 | 2.82 | -41.8% | 1.47 | +11.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit fell 42.7% to ₹111.59 crore while total income rose 11.9%, so profit moved in the opposite direction to income. The filing does not explain the size of the year-earlier discontinued profit's effect on the comparison.
Revenue from operations rose 11.8% YoY, slower than other income, which rose 26.4% to ₹19.17 crore. Other income is 0.7% of total income and 11.8% of profit before tax. Finance costs of ₹111.86 crore are 4.3% of total income, and depreciation rose 14.7% to ₹261.37 crore, faster than revenue.
Tax expense of ₹48.21 crore is 29.7% of profit before tax, close to the ₹49.03 crore of a year earlier. Other comprehensive loss was ₹525.72 crore this quarter, against income of ₹1,103.17 crore in the June 2026 quarter, and the filing gives no reason for the swing.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 1,892.00 | 1,697.44 | +11.5% | 1,857.30 | +1.9% | |
| Revenue from operations | 1,885.00 | 1,690.18 | +11.5% | 1,848.85 | +2.0% |
| Other income | 7.00 | 7.25 | -3.5% | 8.45 | -17.1% |
| 70.21 | 63.95 | +9.8% | 69.62 | +0.8% | |
| Profit before tax | 96.42 | 90.21 | +6.9% | 96.77 | -0.4% |
| Finance costs | 75.38 | 66.68 | +13.0% | 71.51 | +5.4% |
| Depreciation | 207.63 | 181.61 | +14.3% | 199.92 | +3.9% |
| Tax expense | 23.89 | 22.79 | +4.8% | 23.98 | -0.4% |
| Net profit margin | 3.71% | 3.77% | -0.06 pp | 3.75% | -0.04 pp |
| EPS, basic (₹) | 1.06 | 0.97 | +9.3% | 1.05 | +1.0% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 9.8% to ₹70.21 crore, slower than total income's 11.5% rise and faster than profit before tax, which rose 6.9% to ₹96.42 crore. Standalone other income fell 3.5% to ₹7.00 crore and is 7.3% of profit before tax.
Standalone finance costs rose 13.0% to ₹75.38 crore and depreciation rose 14.3% to ₹207.63 crore, both faster than revenue from operations, which rose 11.5%. Standalone other comprehensive loss was ₹28.56 crore for the quarter. Compared with the June 2026 quarter, standalone net profit was almost unchanged, up 0.8%, while total income rose 1.9%.
Jubilant FoodWorks reports a single business segment, Food and Beverages. The consolidated figures include the Dunkin' brand business, which is reported as a discontinued operation after its rights in India were not renewed, and the Russian subsidiary Pizza Restaurants LLC, which was transferred in the year ended 31 Mar 2026. The Labour Codes added ₹33.70 crore of exceptional items in FY26, which the company called non-recurring. The company's consolidated figures for the quarter include a trust, the JFL Employees Welfare Trust, which the auditor did not review; its net loss after tax was ₹7.11 crore.
Inference
The filing reports the quarter's results and a limited review by the statutory auditor, without modification. It does not state the reason for the fall in consolidated profit against the year-earlier quarter, the reason for the change in consolidated other comprehensive income between the June and September 2026 quarters, or the consideration or gain on the Pizza Restaurants LLC transfer.
Consolidated finance costs for the six months ended 30 Sep 2026 were ₹232.13 crore. The filing does not give a dividend for this quarter.
Filed with BSE on . Reference: Original filing (PDF)
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