Strong revenue growth and store expansion support performance, though annual losses widen
Devyani International, one of India’s largest quick service restaurant (QSR) operators, reported a narrowed net loss of Rs 9.84 crore for the fourth quarter of FY26, even as revenue growth remained robust.
The company’s total income for the March quarter rose 18.4 per cent year-on-year to Rs 1,451.01 crore, reflecting steady demand across its portfolio of global food brands.
The Q4 loss showed improvement compared to a net loss of Rs 16.76 crore in the same period last year and Rs 10.98 crore in the preceding quarter, indicating gradual operational recovery.
On a full-year basis, however, Devyani International reported a wider net loss of Rs 42.54 crore for FY26, compared to Rs 6.90 crore in the previous year, despite a 13.4 per cent rise in annual income to Rs 5,656.59 crore.
The company, which operates leading QSR chains including KFC and Pizza Hut in India and select international markets, has continued to expand its store network and invest in growth initiatives. Industry observers note that rising input costs and expansion-related expenses have weighed on profitability even as topline growth remains strong.
Analysts suggest that the narrowing quarterly loss reflects improved operating efficiencies and stabilising margins, while the broader financial performance underscores the ongoing transition phase as the company balances aggressive expansion with cost optimisation.
With over 2,000 stores across multiple geographies, Devyani International remains a key player in India’s fast-growing organised food services market, which continues to benefit from rising urban consumption and increasing demand for convenience dining.
