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Quick Service Restaurants

Quick-service restaurant stocks in demand: Jubilant, Devyani rally up to 5%

In Q3FY25, Domino's pizza chain operator Jubilant FoodWorks has reported a 56.2 per cent year-on-year growth in consolidated revenue from operations at Rs 2,153 crore

Quick-service restaurant stocks in demand: Jubilant, Devyani rally up to 5%
Updated On : 06 Jan 2025 | 10:53 AM IST

Jubilant FoodWorks' healthy growth offset by margin, valuation concerns

The company continues to outperform its peers even in a soft demand environment and analysts believe it will maintain its sales momentum even in the second half of FY25

Jubilant FoodWorks' healthy growth offset by margin, valuation concerns
Updated On : 31 Dec 2024 | 1:21 AM IST

Quick commerce platforms flouting FDI norms, competition law, alleges CAIT

The traders' body issued a white paper, claiming unfair business practices are putting nearly a quarter of 3 crore kirana retailers out of business

Quick commerce platforms flouting FDI norms, competition law, alleges CAIT
Updated On : 13 Nov 2024 | 11:17 PM IST

Blinkit rolls out Seller Hub for easier onboarding of sellers, brands

The programme, on the lines of Fulfilled by Amazon (FBA), has already attracted over 200 brands

Blinkit rolls out Seller Hub for easier onboarding of sellers, brands
Updated On : 24 Oct 2024 | 12:49 AM IST

Cost of convenience: Restaurants list higher prices in online menus

Consumers are generally paying more while ordering food from online platforms and apps compared to eating at the same restaurant from which they order online

Cost of convenience: Restaurants list higher prices in online menus
Updated On : 16 Sep 2024 | 12:37 AM IST

Coffee Day, Barbeque-Nation: No long queues yet to buy restaurant stocks

Thus far in 2024, stocks such as Coffee Day Enterprises, Speciality Restaurants, Barbeque-Nation Hospitality, Restaurant Brands Asia and Westlife Foodworld have lost up to 42%, shows ACE Equity data.

Coffee Day, Barbeque-Nation: No long queues yet to buy restaurant stocks
Updated On : 05 Sep 2024 | 10:33 AM IST

QSR sales struggle as Zomato, Swiggy's expansion fragments market share

The widespread expansion of food delivery has provided consumers with more dining choices, leading to fragmented sales and further weakening the already struggling daily sales within the QSR sector

QSR sales struggle as Zomato, Swiggy's expansion fragments market share
Updated On : 30 Aug 2024 | 5:56 PM IST

Turning the tables: How quick service restaurants are tackling slowdown

While high levels of food inflation continue to impact raw material prices, lingering effects of inflation are making consumers pull back on discretionary spends, lending to the sector's slowdown

Turning the tables: How quick service restaurants are tackling slowdown
Updated On : 01 Aug 2024 | 7:49 PM IST

Online food delivery mkt to touch Rs 2 trn mark by 2030: Bain-Swiggy report

Online food delivery has steadily increased over the years, with penetration rising from 8 per cent to 12 per cent between 2019 and 2023, representing a 2.8 times growth

Online food delivery mkt to touch Rs 2 trn mark by 2030: Bain-Swiggy report
Updated On : 03 Jul 2024 | 11:11 PM IST

Haldiram's exploring IPO as plans to sell to foreign investors stall

IPO considerations are preliminary and the controlling shareholders may still decide to lower their asking price and proceed with a sale

Haldiram's exploring IPO as plans to sell to foreign investors stall
Updated On : 12 Jun 2024 | 10:42 PM IST

Burger King to launch $5 value meal, offering planned ahead of McDonald's

The company's existing value offerings include a $2.99 chicken wrap and a $5 deal that includes two Whopper Jr. burgers

Burger King to launch $5 value meal, offering planned ahead of McDonald's
Updated On : 24 May 2024 | 8:21 AM IST

Devyani International Q4: Net loss of Rs 48.95 cr, revenue at Rs 1,047 cr

Quick service restaurant operator Devyani International Ltd on Tuesday reported a consolidated net loss of Rs 48.95 crore in the fourth quarter ended March 31, 2024, impacted by forex translation loss due to the devaluation of Nigerian currency. The company had posted a consolidated net profit of Rs 59.88 crore in the fourth quarter of the previous fiscal, Devyani International said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 1,047.08 crore as against Rs 754.98 crore in the corresponding period a year ago, it added. Total expenses were higher at Rs 1,057.32 crore as compared to Rs 724.77 crore in the year-ago quarter, it added. During the quarter ended March 31, 2024, and the year ended March 31, 2024, due to significant devaluation of the Nigerian currency, the Nigerian subsidiary of the group has recognised Rs 42.37 crore and Rs 89.7 crore devaluation impact on account of translation loss of USD denominated liabilities

Devyani International Q4: Net loss of Rs 48.95 cr, revenue at Rs 1,047 cr
Updated On : 14 May 2024 | 2:25 PM IST

Food delivery major Swiggy gets one step closer to $1.25 billion IPO

The company is also looking to raise around Rs 750 crore from anchor investors ahead of its IPO, which is expected later this year

Food delivery major Swiggy gets one step closer to $1.25 billion IPO
Updated On : 26 Apr 2024 | 12:02 AM IST

Weak demand environment to delay recovery in quick-service restaurants

While competition is intense, growth has seen non-vegetarian options starting to outpace vegetarian. KFC, for example, has an 85 per cent contribution from non-vegetarian

Weak demand environment to delay recovery in quick-service restaurants
Updated On : 09 Apr 2024 | 11:03 PM IST

Muted demand environment to hit Jubilant FoodWorks' near term earnings

This was the fourth consecutive quarter of a decline in LFL growth for the pizza market leader

Muted demand environment to hit Jubilant FoodWorks' near term earnings
Updated On : 14 Mar 2024 | 11:20 PM IST

McDonald's removes 'cheese' from its outlet menus in Maharashtra

Move comes after Maharashtra FDA accused chain of using cheese substitutes in burgers and nuggets

McDonald's removes 'cheese' from its outlet menus in Maharashtra
Updated On : 23 Feb 2024 | 11:23 PM IST

Jubilant FoodWorks expects Popeye to be Rs 1,000 cr brand in next 3-4 years

As far as demand is concerned, Pande believes that it is cyclical and demand will revive for the QSR industry

Jubilant FoodWorks expects Popeye to be Rs 1,000 cr brand in next 3-4 years
Updated On : 21 Feb 2024 | 9:40 PM IST

Bite-sized ventures: Street food startups spice up India's culinary scene

Meet the entrepreneurs turning India's streets into gastronomic hotspots

Bite-sized ventures: Street food startups spice up India's culinary scene
Updated On : 16 Feb 2024 | 10:00 PM IST

Jubilant Foodworks Q3 results: Profit falls to Rs 65 crore on muted demand

The company had posted a consolidated net profit of Rs 80.36 crore in the year-ago period, Jubilant Foodworks Ltd (JFL) said in a regulatory filing

Jubilant Foodworks Q3 results: Profit falls to Rs 65 crore on muted demand
Updated On : 31 Jan 2024 | 7:04 PM IST

Restaurant Brands Asia Q3 results: Net loss narrows to Rs 36.18 crore

The company, which runs quick service chains owned by Restaurant Brands International, said prices of ingredients including chicken, cheese, tomatoes and onions rose 12.6%

Restaurant Brands Asia Q3 results: Net loss narrows to Rs 36.18 crore
Updated On : 29 Jan 2024 | 6:24 PM IST