Devyani Q3 Results Live Updates: KFC, Pizza Hut franchisee posts ₹49 lakh net loss in Q3 FY25
5 min read | Updated on February 11, 2025, 15:22 IST
SUMMARY
Q3 results: Active pharmaceutical ingredients maker Lupin, train ticket booking platform Indian Railway Catering and Tourism Corporation (IRCTC), telecom operator Vodafone Idea, capital markets firm Tata Investment Corporation and sugar producer EID Parry will release their latest third-quarter earnings on Tuesday, February 11.
The franchisee of KFC and Pizza Hut, among others, Devyani International on Tuesday, February 11 reported a ₹0.49 crore (or ₹49 lakh) net loss in Q3 FY25. | Image: Shutterstock.
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Devyani Q3 results: Store expansion strategy has been a key driver of the company’s growth, says Chairman
“I am delighted to say that DIL has successfully met its store expansion guidance, crossing an impressive milestone of 2,000 stores in the recent quarter, across all brands and geographies - ahead of the original target. This achievement further enhances our market presence and reinforces ourstrategic position in the QSR industry. It also offers our customers greater access to our brands," Ravi Kant Jaipuria, Chairman of Devyani International commented.
"Reflecting on Q3, our store expansion strategy has been a key driver of the company’s growth. We remain committed to this approach, ensuring a balance between expansion and store-level performance. In Q3, we added 111 net new stores, bringing our total store count to 2,032 as of December 31, 2024," Jaipuria said.
"DIL’s consolidated revenue for the quarter stood at ₹1,294 crores, reflecting a 53.5% year-on-year growth. We have also seen slightly better margin performance because of better SSSG and certain fresh cost optimization measures," Jaipuria added.
"I am glad to share that our brands continue to demonstrate consistency and excellence. In recognition of this, KFC was awarded the Most Admired Retailer of the Year for market expansion at the Pepsi Images Food Service Awards 2024,” Jaipuria said.
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Devyani Q3 results: KFC, Pizza Hut franchisee posts ₹49 lakh net loss
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