Devyani merger, new labour codes burn a hole in Sapphire Foods' earningsSapphire Foods reported a third-quarter loss. This was due to costs from new labor laws and a merger with Devyani International. KFC stores...
Devyani International Q3 Results: Loss widens to Rs 109 crore, revenue up 11%Devyani International Ltd announced a net loss of Rs 109.78 crore for the December quarter of FY26. This marks an increase from the previou...
KFC operators Sapphire Foods-Devyani International's merger to create fast-food giant in IndiaSapphire Foods India said it will merge with Devyani International, a move expected to consolidate local franchise partners of Yum Brands, ...
KFC India operator Sapphire posts loss as consumers tighten spendingSapphire Foods India, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly loss on Wednesday, as fast-food res...
Yum! craves Devyani-Sapphire comboYum! Brands is reportedly mediating a merger between its Indian franchise partners, Devyani International Ltd and Sapphire Foods India Ltd,...
KFC leaving Kentucky: Why the iconic fast food chain is moving to Texas?KFC is relocating its U.S. corporate headquarters from Louisville, Kentucky, to Plano, Texas, as part of Yum! Brands’ restructuring plan. T...
Devyani International Q3 results: Company reverses profits, reports Rs 7.6 crore net lossDevyani International reported a Q3 FY25 net loss of Rs 7.6 crore, despite a 53.5% YoY revenue growth. The stock fell 5% following the resu...
Yum! Restaurants (India) reports Rs 162 cr profit in FY24, income up 13 pc to Rs 832 crYum! Restaurants India, parent company of Pizza Hut and KFC, reported a profit of Rs 162.04 crore in FY24. Revenue rose to Rs 689.93 crore....
Is the iconic Kentucky Fried Chicken or KFC struggling to stay in business?The biggest fried chicken venture in the entire world is reportedly facing major administrative and logistic issues in trying to stay in th...
Fundamental Radar: Why Sapphire Foods is a bet worth taking in QSR space? Sandeep Raina explainsIf one looks at its 5-year performance, then Sapphire Foods’ revenue has grown from Rs 957 crore in FY18 to Rs 2,266 crore in FY23 at a CAG...
Devyani International Q1 Results: Net profit at Rs 74.76 croreDuring the quarter, DIL opened 25 new restaurants for KFC taking the total count to 391. While for Pizza Hut, it added 34 stores taking the...
Sapphire Foods makes Street debut at 14% premiumThe Rs 2,073-crore initial public offer of Sapphire Foods India, a franchisee operator of KFC and Pizza Hut outlets in India, listed at Rs ...
Devyani International IPO kicks off: Can it deliver a listing pop?Last heard, the unlisted stock of Devyani International was commanding a grey market premium of Rs 63-65.
Rising consumerism, strong QSR portfolio make DIL a long term betThe quick-service restaurant (QSR) segment is expected to benefit from the growing consumerism in the country. The IPO seems to be valued r...
Yum India splits operations, not to have a CEOThere will henceforth be no one chief executive for Yum India and operations have been split into three divisions — one each for KFC, Pizza...
Yum! posts 18% drop in India same store salesYum! Brands, operator of Pizza Hut, KFC and Taco Bell, reported an 18% drop in its India same store sales in the July-September quarter.
Yum! Restaurants puts KFC business on the block in Western IndiaSlowing discretionary spends have been impacting same-store sales growth and profitability of restaurant chains despite low prices and valu...