Revenue from operations rose to Rs 1,580.51 crore in the recently concluded quarter, marking an uptick of 16.47 per cent on a year-on-year basis
Devyani International, the largest franchisee of Yum Brands in India and Nepal, has reported a 297 per cent year-on-year (YoY) uptick in its consolidated net profit in the first quarter of the current financial year. The company’s net profit attributable to the owners rose to Rs 14.6 crore from Rs 3.68 crore in Q1FY27.
The financial results of the company showed that revenue from operations rose to Rs 1,580.51 crore in the recently concluded quarter, marking an uptick of 16.47 per cent on a year-on-year basis. Revenue in Q1FY26 stood at Rs 1,356.9 crore. On a sequential basis, revenue rose from Rs 1,436 crore in Q4FY26.
While revenue grew, the total expenses of the company also surged from Rs 1,367.39 crore in Q1FY26 to Rs 1,576.8 crore in the opening quarter of the current fiscal year. The company noted it observed inflation in raw materials, LPG and wage costs.
KFC added 11 new net stores in India and two in Thailand. On an overall basis, the total store count of the company stood at 2,255 in Q1FY27, down from 2,256 as on 31 March 2026. Revenue of KFC India grew 11.7 per cent YoY in Q1FY27 to Rs 684.2 crore. The company’s operating earnings before interest, taxes, depreciation and amortisation (Ebitda) grew 38 per cent YoY. Consolidated Ebitda stood at Rs 254.8 crore, with margin rising by 100 basis points to 16.1 per cent, it said in its investor presentation.
Company Updates
During the previous quarter, the board approved a scheme of arrangement for the amalgamation of Sapphire Foods India with the company, with effect from the appointed date of 1 April 2026. Under the scheme, the company will issue 177 equity shares of Rs 1 each for every 100 equity shares of Rs 2 each held in Sapphire Foods India. The company is in the process of obtaining necessary regulatory and other approvals.
On 10 June 2025, the company acquired an 80.72 per cent equity stake (on a fully diluted basis) in Sky Gate Hospitality, for an aggregate consideration of Rs 419.6 crore, through a preferential issue of equity shares. Accordingly, Sky Gate and its subsidiaries became subsidiaries of the company with effect from 10 June 2025.
