Revenue rises 7 per cent to Rs 742.7 crore as festive timing, higher marketing spends and raw material costs pressure margins amid muted demand Sapphire Foods India, the operator of KFC, Pizza Hut and Taco Bell restaurants across India and South Asia, reported a net loss of Rs 12.7 crore (USD 1.45 million) for the […]
The revenue from operations rose to Rs 776.82 crore in the recently concluded quarter from Rs 718.28 crore in Q1FY25
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 […]
Competition from regional players, a rise in online food ordering, and stubborn inflation have pinched the pizza category. Pizza chains are now firing all cylinders to have the biggest slice of the market with them Remember the 2000s and early 2010s when celebrating small victories or simply getting together with friends or families for most […]
Pizza Hut, a quick service restaurant (QSR) chain which had increased its store count to 820 in the last year in India, will continue its “aggressive expansion spree” with a significant commitment to expand its presence in emerging smaller markets, the news agency PTI reported. According to the report, the company is focusing on ‘Gen […]
