KFC Opens New Dine-in & Delivery Outlet At Paras Florett
The outlet, operated by Devyani International, spans nearly 5,000 square feet across the ground and first floors
The outlet, operated by Devyani International, spans nearly 5,000 square feet across the ground and first floors
Devyani International is expecting an overall synergy of Rs 210 to 225 crore on an annual basis from second full year operations of integrated company
While the company has not revealed the share quantity or purchase price, it declared that its board will hold a meeting to approve the proposal on 24 April
The company had posted a net profit of Rs 5.07 crore in the same period of the previous fiscal
Yum Restaurants India sold its whole 4.4 per cent share in Devyani International on Wednesday for Rs 871 crore in an open market transaction. Devyani International, the Quick Service Restaurant (QSR) operator, is a franchisee of Yum Brands, which runs KFC, Pizza Hut, and Taco Bell in India. SBI Mutual Fund (MF), Axis MF, Franklin […]
Yum Restaurants India is expected to exit quick service restaurant giant Devyani International by selling a 4.4 per cent interest in a block sale on Wednesday, according to media reports. Yum Restaurants expects to raise around Rs 815 crore from the deal, it said. The floor price for the sale has been set at Rs […]
Sapphire Foods India, the operator of KFC and Pizza Hut restaurants, revealed its largest quarterly earnings drop since going public in 2021, hampered by local competition and inflation-weary consumers cutting back on fast food spending. The Yum Brands franchisee’s overall net profit plummeted roughly 69 per cent to 101.4 million rupees (USD 1.22 million) in the […]
Devyani International, the leading franchise of Yum! Brands, which encompasses popular chains like KFC and Pizza Hut in India, reported a 19 per cent year-on-year (YoY) decline in consolidated net profit at Rs 61 crore for the quarter ended on 31 March, compared to Rs 76 crore the previous year in the same quarter. However, […]