KFC brings the scale; Biryani By Kilo and Vaango emerge as Devyani’s surprise performers

Devyani International’s smaller Indian brands are beginning to show stronger sales and profitability, offering the company a potential growth engine beyond its large KFC and Pizza Hut businesses.

The company’s own-brand portfolio, which includes Biryani By Kilo and Vaango, reported revenue of ₹121.1 crore in the second quarter of FY27, compared with ₹97.8 crore in the year-earlier period.

The portfolio’s brand contribution margin also improved sharply to 9.4% from 0.6% a year ago, according to a company filing.


Biryani By Kilo was the stronger performer. Its same-store sales grew 8.1% during the quarter, while average daily sales stood at ₹72,000. The brand added six net new stores during the period.

Vaango reported same-store sales growth of 6.9%, with average daily sales of ₹24,000. Together, the two brands added seven net stores in the quarter.

Meanwhile, the company said its consolidated net loss narrowed to ₹24 lakh, compared with a loss of ₹21.89 crore a year ago.

The improvement comes as Devyani looks to build a broader portfolio of brands suited to Indian food preferences. KFC remains the company’s main growth driver, but the stronger performance of its homegrown concepts could gradually reduce its dependence on international franchises.

The brands are still relatively small compared with Devyani’s KFC and Pizza Hut operations, and the latest numbers do not yet establish a complete turnaround. However, improving same-store sales, higher revenue and a sharp rise in brand contribution suggest that the portfolio is moving towards more consistent profitability.