Jubilant FoodWorks to exit Dunkin' India pact

Jubilant FoodWorks said it will not renew its agreement with Dunkin' to develop and operate the US brand’s stores in India when the current pact ends on December 31, 2026.

The company said it will evaluate options for the existing stores, including a sale or transfer of franchise rights in consultation with Dunkin'.

Jubilant said the decision is not expected to have any material operational or financial impact.

Small revenue share, reported loss

Dunkin' accounted for about 0.61% of Jubilant FoodWorks' revenue in fiscal 2025 and posted a loss of roughly 191 million rupees, according to an exchange filing.

As of December 2025, Jubilant operated 27 Dunkin' outlets in India and had closed seven stores over the previous year, the company said in its third-quarter investor presentation.

Focus shifts to stronger brands

Reuters reported that Dunkin' has struggled to gain traction in India, prompting Jubilant to concentrate on Domino's and newer brands such as Popeyes.

The company reported a 65% rise in quarterly profit to 709 million rupees, or $7.49 million, in the October-to-December period.

The update suggests Jubilant is tightening its portfolio around brands with better momentum ahead of the 2026 contract expiry.