Devyani International, the operator of popular brands like KFC, Pizza Hut, and Costa Coffee in India, witnessed a remarkable 39% surge in revenue, reaching ₹1,047 crore in the fourth quarter of 2024. However, despite this revenue growth, the company faced a net loss of ₹7.5 crore for the quarter, a notable contrast to the ₹61 crore profit reported in the same period last year. The decline in profitability was reflected in the decrease of EBITDA margins from 20% to 16.5%.
A significant one-time loss of ₹42.3 crore further impacted the quarter’s financial performance. Market sentiment responded cautiously, as Devyani International’s stock observed a 2.32% decline on the National Stock Exchange (NSE). Despite these challenges, Devyani International remains a prominent player in the quick-service restaurant sector, emphasizing operational efficiency to navigate market fluctuations and sustain long-term growth. As the company strategizes to address losses and capitalize on opportunities, stakeholders closely monitor its initiatives in a dynamically evolving economic landscape.
