Turkey is one of the key expansion destinations for Jubilant FoodWorks (JFL). One of India’s leading fast-food giants, Jubilant listed out its growth plans for FY26 after the announcement of the Q4FY25 results, and Turkey features prominently in it. Notwithstanding the current ‘boycott Turkey‘ calls on social media, Jubilant assures shareholders that “operations in the country remain unaffected.”
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Given the current calls for a ‘Boycott Turkey’ on social media, here is a look at Jubilant FoodWorks’ Turkey business so far. The company operates Domino’s Pizza outlets in Turkey through its subsidiary DP Eurasia. It already has 746 Domino’s outlets in the country and plans to add 30 new Domino’s stores and 50 new outlets of its café brand Coffy in FY26. The Turkey, Azerbaijan, and Georgia markets generated Rs. 30,713 million in system sales in FY25.
Jubilant FoodWorks confident about growth in Turkey, Azerbaijan
The move signals the company’s confidence in the Turkish market. The company has assured shareholders that its operations in the country remain unaffected. “Despite slower growth on a high base, the DPEU business is largely stable and unaffected by geopolitical tensions due to local consumption. FY26 expansion plans include 30 Domino’s Turkey and 50 Coffy stores,” company management said during the post-earnings call on Wednesday, 14 May. Jubilant FoodWorks, which manages Domino’s operations in Azerbaijan also, currently has 10 outlets in the country with no plans for expansion.
Turkey, Azerbaijan’s support for Pakistan sparks protest on social media
The call for a boycott emerged after both Turkey and Azerbaijan expressed their outright support for Pakistan against India’s Operation Sindoor. The tourism sector has already taken a hit, with travel agencies and booking platforms recording an unprecedented wave of cancellations. The CEO and Co-Founder of EaseMyTrip noted that “cancellation rates have reached 22% for Turkey and 30% for Azerbaijan.”
Jubilant FoodWorks’ strong financial performance in Q4 FY25
Jubilant FoodWorks reported its Q4 earnings for FY25 on Wednesday, with Q4 revenue coming in at Rs. 19,064 million. The EBITDA margin stood at 21.8%, and PAT margin at 6.6%, reflecting healthy profitability in the region.
The company also saw growth in its other South Asian markets.
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