Jubilant FoodWorks Limited (JFL), India’s largest and fastest growing Food Service Company, reported its financial results for the quarter ended June 30, 2011.

Operating Highlights

•    Domino’s Pizza

o   New store openings:

14 new stores opened in Q1 FY2012

Total Stores as on 30 June 2011 at 392; was 321 as on 30 June  2010

o    Store growth

System sales growth in Q1 FY2012 at 60.0%

Same store sales (SSS) growth in Q1 FY2012 at 36.7% o City/Town coverage
Number of cities covered as on 30 June 2011 at 93 up from 74 as on 30 June 2010

Plans to open first store in Sri Lanka in August 2011

o    New marketing initiatives:

Launch of innovative side order such as Chicken Kickers; Successful relaunch of Pizza Mania

•    Dunkin’ Donuts

o    The Company, in February 2011, entered into an alliance with Dunkin’ Donuts to bring the world’s leading baked goods and coffee chain - Dunkin’ Donuts to India.


o With Dunkin’ Donuts, JFL wishes to address the “all day part food and beverage” market through an array of products which will include all day part sweet and savoury products, with special focus on Donuts and various hot and cold beverages.

o   JFL  along with the expertise of a  best in class global brand like Dunkin’ Donuts , is at present  focused on creating the foundation for a sustainable brand launch, specifically working on:

Development of a differentiated brand proposition, service experience and business model relevant for the Indian marketplace.
Development of the product offering suitable for Indian taste buds, while leveraging the best of what Dunkin’ has to offer worldwide.
Setting up of manufacturing facilities, supply chain competencies and processes and local vendor development.

o    The Company remains committed to responsible and prudent growth and hence has planned the roll-out and expansion of Dunkin’ Donuts stores in a phased manner. JFL plans to launch its first Dunkin’ Donut store in the first half of the calendar year 2012 with the initial focus on metro cities and with a roll out target of 80-100 stores over a span of 5 years.

Commenting on the performance for Q1 FY2012, Mr. Shyam S. Bhartia, Chairman and Mr. Hari S. Bhartia, Co-Chairman, Jubilant FoodWorks Limited said, “With this performance JFL has delivered a great start to the year. Our success germinates from a combination of factors such as increasing presence, our focus on customer satisfaction, our zeal to utilize customer feedback to constantly innovate and improve to create that unique experience which we call our Khushiyon ke recipe. JFL plans to introduce Dunkin’ Donuts in the Indian market and remains committed to creating a solid foundation for this brand under JFL. We believe these are truly exciting times for us and we are optimistic about the opportunities for both Domino’s and Dunkin Donuts.”

Commenting on the performance for Q1 FY2012, Mr. Ajay Kaul, CEO, Jubilant FoodWorks Limited said, “I am pleased to present our performance during the first quarter of the fiscal, which underpins our successful execution to grow and expand our network and brand. During the quarter we extended our footprint with 14 new stores across existing cities and three new cities. I believe that our distinct and systematic approach to growth backed by our operating systems, processes and disciplined cost programs across organizational levels, have enabled us to, not only expand Domino’s Pizza, but also to take on the onus developing our new venture-Dunkin’ Donuts.

We believe we have started the year on a positive note and are poised to grow our businesses to provide meaningful experiences for all our customers, while enhancing returns for our stakeholders.”