NSEPress Release6d ago · 2 Nov 2026, 12:25 pm
Press Release
Devyani International Limited · DEVYANI
✦ AI Summary▲ PositiveResults
Devyani International Limited has announced its Q2 FY2027 financial results, with a 34% year-over-year growth in operating EBITDA and a positive profit before tax for the quarter. The company added 70 new stores during the quarter, taking its store footprint to 2,325 globally. Devyani International's revenue reached Rs. 15,194 million, up 10.4% year-over-year.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Devyani International Limited has informed the Exchange regarding a press release dated November 02, 2026, titled "Press Release".
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November 2, 2026
National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers,
Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001
Email: cmlist@nse.co.in Email: corp.relations@bseindia.com
Symbol: DEVYANI Security Code: 543330
Sub: Regulation 30: Press Release
Dear Sir/ Madam,
Please find attached a copy of the Proposed Press Release to be issued by the Company.
The same is also being uploaded on website of the Company at www.dil-rjcorp.com.
You are requested to take the above on record.
Yours faithfully,
For Devyani International Limited
Pankaj Virmani
Chief Sustainability Officer & Company Secretary
Encl.: As above
Devyani International’s Q2 FY2027 Financial Results
Q2 FY27 Performance Highlights
Delivered strong Operating EBITDA growth of 34% YOY. Store expansion pace picks up.
- Positive SSSG growth accelerates across most of the portfolio including KFC.
- Quarterly reported EBITDA at INR 229 Cr.
- Positive PBT for the quarter against loss last year
- Store expansion on track to add 200-220 new stores during the year.
Gurugram, November 02, 2026: Devyani International Limited (DIL), one of the leading global Quick Service
Restaurant (QSR) operators, has announced its financial results for the quarter ended September 30, 2026.
Financial Performance Review:
• Store network at 2,325. 70 new stores were added during the quarter, with 50 in KFC.
• Q2 Revenues reached Rs. 15,194 million, up 10.4% YoY
• KFC SSSG accelerates to +4.4%. Costa at +9.9%. BBK delivered +8.1% SSSG.
• Margin improvement continues. Brand Contribution margins up +1.3% for the quarter and +1.2% YTD.
• Operating EBITDA grew by +34% reaching INR 1,251 Mn with 8.2% margin.
• Delivered INR 57 Mn in Profit before Tax during the quarter – against a loss last year.
Commenting on the performance for Q2 FY2027 Mr. Ravi Jaipuria, Chairman, Devyani International Limited said,
“Our growth momentum carried on firmly into the second quarter. We have had a good quarter with positive SSSGs
ranging from 4% to 9% across our brand portfolio in India except PH which saw sequentially better numbers. We added
70 net new stores during the quarter. KFC led the store additions, with 50 net new units added in India. This takes our
store footprint to 1,923 stores in India and 2,325 globally. We are on track to meet our full-year guidance of 200–220 net
new additions, with the same discipline: the right locations and a clear line of sight to profitability. Building on the positive
SSSG performance, we delivered consolidated sales of INR 1,519 Cr, growing 10.4% yoy. Despite steep inflation in raw
materials and wages, the leverage from higher same-store sales and tight cost control helped us lift the EBITDA by nearly
18%, to INR 229 Cr. This is one of the best Q2 operating EBITDA numbers that we have seen and the same helped us
post Profit before Taxes of INR 5.7 Cr for the quarter, against a loss last year. Your company delivered a PBT of Rs 29
Crs in H1 vs a loss of Rs 24 Crs in the previous year.
Equally encouraging is the quality of growth that we are observing. Across brands, we have witnessed transaction led
growth – and growth in our on-premises channel sales. Both these trends are very heartening and are key to a long-term
sustainable growth trajectory.
Our new management team is settling in, and we are confident that our plans with respect to pre-merger preparation are
progressing well. We are expecting that the merger should get approvals in line with our initial plans. You will be pleased
to know that we have received CCI approval for the merger from the authorities.”
About Devyani International Limited:
Devyani International Limited is one of India’s largest chain quick service restaurant (QSR) operators, with a network of
over 2,200 stores across more than 350 cities in India, Thailand, Nigeria, and Nepal. The Company’s portfolio represents
a compelling blend of iconic global brands and successful homegrown concepts.
DIL holds the distinction of being the largest franchisee of Yum! Brands in India and Nepal. In addition, DIL is the sole
franchisee in India for several international brands, including Costa Coffee, New York Fries, and Sanook Kitchen.
Complementing its global portfolio, DIL has developed strong indigenous brands such as Vaango, a South Indian
vegetarian cuisine concept, and The Food Street, a food court format that brings multiple brands together under one roof
to enhance consumer experience. DIL has also strengthened its Indian cuisine offerings through the acquisition of Sky
Gate Hospitality, which owns popular brands such as Biryani By Kilo and Goila Butter Chicken.
Please visit www.dil-rjcorp.com for more information. You may also reach out to:
Rajiv Kumar Anoop Poojari / Jenny Rose Kunnappally
Devyani International Limited CDR India
Tel: +91 124 478 6000/ 88601 68600 Tel: +91 98330 90434/ 86899 72124
Email: investor.relations@dil-rjcorp.com / Email: anoop@cdr-india.com /
rajiv.kumar@dil-rjcorp.com jenny@cdr-india.com
Safe Harbor
Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and
regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual
results to differ materially from those suggested by the forward-looking statements. Important developments that could affect the
Company’s operations include changes in the industry structure, significant changes in political and economic environment in
India and overseas, tax laws, import duties, litigation, and labour relations.
Devyani International Ltd (DIL) will not be in any way responsible for any action taken based on such statements and undertakes
no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.