Jubilant FoodWorks reported robust revenue growth of 12.1% YoY (5.1% QoQ) for Q2 FY20, despite a challenging demand environment and high inflationary pressure. The performance was aided by staunch On-line Ordering (OLO), contributing 85% to delivery sales, while there was continued pressure on dine-in sales. Amongst various delivery aggregators in the market, mobile ordering sales was 93% of overall OLO, up 400bps QoQ. The company reported an improved EBITDA margin of 23.8% (+50bps QoQ), as a result of its innovation driven approach, superior customer experience, and a better operating leverage. To overcome the inflationary commodity prices, especially...