Devyani International Ltd News
KFC India operator Devyani's revenue jumps 49% on new store additions
Store count for Devyani, which runs KFC, Pizza Hut and Costa Coffee stores in India, rose to 1,557 restaurants in the country from 1,298 last year
 "KFC India operator Devyani's revenue jumps 49% on new store additions")
These companies reported turnaround in Q1; what lies ahead for stocks?
Zee Entertainment, PB Fintech, Delhivery among select companies to report a turnaround in the June 2024 quarter. Here's a technical outlook on select such stocks.
 "These companies reported turnaround in Q1; what lies ahead for stocks?")
Devyani Int's Q1 result: Profit rises to Rs 224 cr on back of advertising
Devyani International Ltd, the operator of Pizza Hut, KFC, and Costa Coffee stores, has reported a profit of Rs 224.30 crore for June quarter FY25 helped by marketing campaigns and promotional deals. The Quick Service Restaurant (QSR) operator had reported a loss of Rs 1.59 crore in April-June FY24, according to a regulatory filing by the Jaipuria family-promoted firm on Monday. Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the year-ago period. Its "consolidated EBITDA for the quarter closed at Rs 220 crore, with margin at 18.3 per cent - an improvement of 1.7 per cent compared to the previous quarter," said an earning statement from the company. Total expenses in June quarter increased 42.9 per cent to Rs 1,201.28 crore. During the quarter, Devyani International Ltd (DIL) added 54 stores with an aim to reach consumers in its under-penetrated markets, it said. "With this addition, DlL's total store count moves to 1,836 stores as of Jun
 "Devyani Int's Q1 result: Profit rises to Rs 224 cr on back of advertising")
