Jubilant FoodWorks to exit Dunkin’ India franchise deal

India’s Jubilant FoodWorks will not renew its agreement with US-based Dunkin’ to develop and operate stores in the country after the deal expires on December 31, 2026, the restaurant chain operator said on Monday.

The company said it will evaluate options for the stores, including the sale and transfer of franchise rights, in consultation with Dunkin’.

The coffee and donut chain has struggled to grow in India, prompting Jubilant to focus on its Domino’s pizza business and newer brands such as fried chicken chain Popeyes.

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

The brand contributed about 0.61% of the company’s revenue and losses of about Rs 191 million in fiscal 2025, according to a stock exchange filing.

Jubilant operated 27 Dunkin’ outlets in India as of December 2025 and closed seven stores last year, according to its third-quarter investor presentation.

In the October-December quarter, the company’s profit rose 65% to 709 million rupees ($7.49 million), from 429.1 million rupees a year earlier.

($1 = 94.6440 Indian rupees)

Disclaimer: HT Media Ltd, which publishes Mint, and the promoters Jubilant Foodworks are closely related. However, neither promoter has cross-holdings.