KFC-operator Devyani International on Tuesday reported a loss of Rs 0.49 crore for the third quarter of the current fiscal year, in comparison to a profit of Rs 9.62 crore posted during the corresponding quarter of FY24. It posted revenue from operations at Rs 1294.40 crore, up 53.52 per cent as against Rs 843.13 recorded during the corresponding quarter of previous financial year. The company EBITDA stood at Rs 213.3 crore, up 46 per cent YoY, with margins at 16.9 per cent, an improvement of 60 basis points vs the previous quarter. Devyani International recorded a positive PBT during the quarter and on YTD basis.
The company achieved a milestone of over 2,000 stores in Q3FY25, ahead of guidance and the total store count, as on date, stood at 2,032. Devyani International has added a total of 111 net new stores in Q3FY25. During the nine months period, the company opened 250 net new stores vs 209 net new stores in 9MFY24.
Shares of Devyani International went down by 4.52 per cent at 12:40 pm to a trading price of Rs 169.90.
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For 9MFY25, the firm posted consolidated revenue at Rs 3740.00 crore, up 49 per cent YoY and EBITDA for the period stood at Rs 640.00 crore, with margins at 17.2 per cent vs 19.1 per cent in 9MFY24.
In a regulatory filing, the company said that it posted positive SSSG momentum across core brands and geographies. It further added that the company is on track to commence the operation of new brands by Q1 of FY26.
Ravi Jaipuria, Non-Executive Chairman, Devyani International Limited, said, “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 our strategic position in the QSR industry. It also offers our customers greater access to our brands. 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 storelevel performance. In Q3,
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