Devyani International Ltd
Devyani International Q3 FY26: 95 New Stores & Strong Revenue Growth 📈
- Added 95 net new stores in Q3 FY26, bringing total store count to 2,279
- Opened 54 new KFC stores and 17 own brand stores during the quarter
- Consolidated revenue reached ₹1,441 crore, up 11.3% year-over-year
- India operations grew 12.1% YoY, international business revenue increased 10.1%
- Consolidated EBITDA margin improved to 15.7% from 14.1% in previous quarter
- Gross margin increased to 68.9%, up 20 basis points from Q3 FY25
- Biryani By Kilo achieved breakeven at brand EBITDA ahead of March 2026 target
- Pizza Hut turnaround initiated with rationalization of loss-making stores