Shares of Jubilant Foodworks crashed more than 8% on Thursday after the Domino's India operator released its results for the fourth quarter of FY26, with brokerages reducing target prices citing multiple headwinds.
The company on Wednesday reported a consolidated net profit of Rs 79.79 crore for the January-March quarter of the financial year 2026, marking a whopping 66% year-on-year (YoY) rise from the Rs 48 crore net profit reported in the corresponding quarter of the previous financial year. The firm’s revenue from operations, meanwhile, grew 19% YoY to Rs 2,499 crore during the quarter under review, as against Rs 2,095 crore in the year-ago period.