MAM
Disruption edition Forbes India turns sweet sixteen with giant strides
MUMBAI: Who says turning sixteen can’t come with serious swagger? Forbes India has marked its 16th anniversary not with cake and candles, but with a hard-hitting, forward-looking special edition titled Giant Strides, a tribute to the power of disruption as the engine of transformation. Themed around seismic shifts shaping the country’s economy, society and culture, the commemorative issue brings together some of India’s sharpest minds and boldest voices.
From boardrooms to Olympic podiums, this edition rounds up a powerhouse lineup: Mercedes-Benz India CEO Santosh Iyer, Tata Power Praveer Sinha, Infosys co-founder Nandan Nilekani, Info Edge Sanjeev Bikhchandani, Mahindra Rajesh Jejurikar, Zydus Group Sharvil Patel, and even Olympic gold medallist Abhinav Bindra, who steps in to talk about mental health and elite sport.
The essays span everything from clean energy to AI, manufacturing to healthcare, charting India’s reinvention across sectors. These aren’t just nostalgic reflections; they’re bold blueprints for the road ahead, a call to embrace reinvention with urgency, clarity and intent.
Ditching its usual cover design, the issue features a striking new visual identity, a bold aesthetic shift that mirrors the theme of transformation itself. It’s disruption, by design.
In keeping with Forbes India’s mission since its 2009 debut, this edition doubles down on future-forward storytelling, shining a light on the entrepreneurs, thinkers and leaders driving the next chapter of India’s growth. Because in the age of disruption, standing still isn’t an option, it’s a liability.
You can grab a copy at your nearest newsstand or digitally. But don’t expect a nostalgia fest. This is not a rear-view mirror moment, it’s a periscope into possibility.
Sixteen years in, and Forbes India is still writing tomorrow’s headlines today.
Brands
Domino’s Q1 profit falls 6.6 per cent, announces $1 billion buyback
Sales rise 3.4 per cent as pizza giant balances growth and shareholder returns
NEW YORK: Domino’s reported a mixed start to 2026, with first-quarter net income slipping even as global sales and store expansion held steady. The company also announced a fresh $1 billion share buyback, underlining its continued focus on shareholder returns.
Global retail sales rose 3.4 per cent on a constant-currency basis to $4.74 billion. The US remained a key growth engine, with same-store sales inching up 0.9 per cent, supported by a 1.5 per cent rise at company-owned outlets.
International markets, however, painted a more uneven picture. While Domino’s added 161 net new stores overseas during the quarter, international same-store sales declined 0.4 per cent. Overall revenues still climbed 3.5 per cent to $1.15 billion, driven by higher supply chain revenues and a 2.6 per cent increase in food basket pricing for franchisees.
On the profitability front, net income fell 6.6 per cent to $139.8 million, compared to $149.7 million a year earlier. Diluted earnings per share dropped to $4.13 from $4.33. The decline was largely attributed to a $30 million unfavourable swing in unrealised gains linked to its investment in DPC Dash Ltd.
Despite this, operational performance showed resilience. Income from operations rose 9.6 per cent to $230.4 million, supported in part by a $7.8 million pre-tax gain from the sale of a corporate aircraft.
Domino’s footprint continued to expand, with the company ending the quarter at 22,322 stores across more than 90 markets. In the US, digital orders remained dominant, accounting for over 85 per cent of retail sales in 2025.
The company also maintained its dividend payout, declaring $1.99 per share, payable on 30 June 2026. After repurchasing $75.1 million worth of stock during the quarter, the new authorisation lifts the total available for buybacks to $1.29 billion.
Domino’s chief executive officer Russell Weiner said the company’s scale and store-level economics position it well to capture further market share in 2026, even as competition intensifies.
As Domino’s leans into expansion and capital returns, the latest results show a business managing short-term pressures while keeping its long-term growth strategy firmly in play.
