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Growing popularity of its KFC outlets has helped the Delhi-based company in its battle with Domino’s India operator Jubilant FoodWorks for the top slot in the fast-food industry.

The restaurant chain operator has decided not to renew its franchise agreement for the coffee and donut chain in India. This was a long time coming, and it’s only good news for Jubilant and its shareholders.
As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.
There’s something for both pessimists and optimists in the QSR player’s Q3 results. Right now, it looks like a coin toss where this business will go next, which makes the euphoric market reaction seem out of place.