Jubilant FoodWorks gets revised income tax demand with small cut, files appeal

Jubilant FoodWorks Ltd, which operates fast-food chains Domino's Pizza and Dunkin' Donuts in India, on Friday (December 5) said it has received a rectification order from the Income Tax Department, reducing the previously raised tax demand for FY21 from ₹216.19 crore to ₹190.21 crore.

The communication was received on December 4, 2025.

The company said the rectification order has been issued despite its detailed submissions, adding that the revised tax demand continues to overlook its contentions.

Jubilant FoodWorks has already filed an appeal in the matter. It reiterated that the impugned tax demand is likely to be deleted after completion of the redressal process.

Also Read: Jubilant FoodWorks Q1 results: Domino's Like for Like growth strong, earnings a beat

The company also stated that it does not anticipate any material financial implications arising from the rectification order. Jubilant FoodWorks noted that the rectification order represents a change in the status of the ongoing litigation. The demand reduction to ₹190.21 crore from ₹216.19 crore has been recorded, and the company has maintained that the appeal process is underway.

Second Quarter Results

Jubilant FoodWorks reported a 19.7% year-on-year (YoY) increase in revenue to ₹2,340 crore for the quarter ended September 30, 2025, driven by healthy performance across its key brands, particularly Domino’s. The company’s group system sales stood at ₹2,746.5 crore, with a net addition of 93 stores during the quarter, taking the total network to 3,480 outlets across formats.

Domino’s India — which remains the company’s flagship brand — delivered 15.5% YoY revenue growth, led by a 15% jump in orders and like-for-like growth of 9%. Delivery channel revenue surged 21.6% YoY, supported by a robust 23.7% rise in delivery orders, while the dine-in segment remained largely flat. Domino’s network now spans 2,450 stores in over 500 cities, after adding 81 outlets this quarter.

Also Read: Jubilant Foodworks shares jump 7%; HSBC upgrades, most analysts bullish after Q2

Shares of Jubilant FoodWorks Ltd ended at ₹591.65, up by ₹1.05, or 0.18%, on the BSE today, December 5.