Devyani’s revenues grew by 12.6% YoY to Rs 13.8 billion.

(Photo source: Shubhayan Bhattacharya/ NDTV Profit) Devyani’s revenue was in line, while Ebitda and adjusted profit after tax were below estimates. Revenue grew by 12.6% including the Thailand (ex-Thailand up 4.2% YoY) led by outperformance from own brands (incl. Vaango, Biryani by Kilo and Goila Butter Chicken) on a favorable base of Q2 FY25 and a double-digit growth in the international markets. However, the same-store sales growth for KFC/ Pizza Hut (PH) were -4.2/-4.1% respectively.

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