Devyani International Ltd., the Quick Service Restaurants (QSR) operator of brands like KFC, Pizza Hut and Costa Coffee, reported a net loss that was wider than the loss it reported during the same quarter last year.
Net loss for the quarter widened to ₹14.7 crore, compared to a loss of ₹7.5 crore during the same quarter last year.
Revenue for the quarter increased by 16% from last year to ₹1,213 crore. The company's topline at the end of the March quarter last year stood at ₹1,047 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 43% year-on-year to ₹187 crore, while margins expanded nearly 300 basis points to 15.4% from 12.5% in the year-ago period.
Devyani International opened 257 net new stores, compared to the 539 stores that it added in financial year 2024.
The company said that the strategic acquisition of KFC stores in Thailand and store expansions in India were the key contributors to the full-year performance.
Devyani International also recently announced the acquisition of Sky Gate Hospitality, marking their entry into another food category. It has also tied up with three international brands like New York Fries, Tealive and Sanook Kitchen.
Shares of Devyani International are witnessing volatile moves, currently trading between gains and losses at ₹180.58. The stock has risen 3% in the last one month.
Net loss for the quarter widened to ₹14.7 crore, compared to a loss of ₹7.5 crore during the same quarter last year.
Revenue for the quarter increased by 16% from last year to ₹1,213 crore. The company's topline at the end of the March quarter last year stood at ₹1,047 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 43% year-on-year to ₹187 crore, while margins expanded nearly 300 basis points to 15.4% from 12.5% in the year-ago period.
Devyani International opened 257 net new stores, compared to the 539 stores that it added in financial year 2024.
The company said that the strategic acquisition of KFC stores in Thailand and store expansions in India were the key contributors to the full-year performance.
Devyani International also recently announced the acquisition of Sky Gate Hospitality, marking their entry into another food category. It has also tied up with three international brands like New York Fries, Tealive and Sanook Kitchen.
Shares of Devyani International are witnessing volatile moves, currently trading between gains and losses at ₹180.58. The stock has risen 3% in the last one month.
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