BSECompany Update6d ago · 29 Jul 2026, 12:57 pm
Press Release
Devyani International Ltd · 543330
✦ AI Summary▲ PositiveResults
Devyani International Ltd announced its Q1 FY2027 financial results, with highest ever quarterly EBITDA of INR 2.55 billion and margin expansion to 16.1%. The company's consolidated revenues grew +16.5% YoY. The merger process with Sapphire Foods continues to progress along expected timelines.
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Governance Concern1/10
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Market Sentiment9/10
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Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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July 29, 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 Q1 FY2027 Financial Results
Q1 FY27 Performance Highlights
Highest ever quarterly EBITDA of INR 2.55 billion, margin expanded to 16.1%.
- Broad-based growth. Positive trends in SSSG in all brands.
- PBT reached INR 229 million, up more than 6x yoy.
- Consolidated revenues grew +16.5% vs. last year.
Gurugram, July 29, 2026: Devyani International Limited (DIL), one of the leading global Quick Service Restaurant
(QSR) operators, has announced its financial results for the quarter ended June 30, 2026.
Financial Performance Review:
• Q1 Revenues reached Rs. 15,805 million, up 16.5% YoY
• KFC delivered +3.3% SSSG. Costa at +10.2%. BBK & Vaango delivered +7.2% and +7.1% respectively.
• Strong margin expansion. Brand Contribution margin up +1.1% yoy.
• Operating EBITDA increased 38% yoy, reaching INR 1,511 million with 9.6% margin.
• Delivered INR 171 million in Profit after Tax – highest in 8 quarters.
• Store network at 2,255. On-track to deliver store expansion targets for FY2027.
Commenting on the performance for Q1 FY2027 Mr. Ravi Jaipuria, Non-Executive Chairman, Devyani
International Limited said, “We begin the new financial year on a strong note. The momentum we built through the
second half of FY26 - anchored by KFC's strong same-store sales performance - has continued into Q1 FY27. I am
pleased that most of our brand portfolio delivered positive SSSG during the quarter. KFC continues to post double-digit
sales growth and delivered another positive SSSG of 3.3% during the quarter. Other brands in the portfolio like Biryani
by Kilo, Costa, and Vaango maintained a 7%+ SSSG growth trajectory. Pizza Hut also delivered sequentially better SSSG
numbers.
The business has improved profitability and posted its highest ever EBITDA of INR 255 crs at 16.1% of the revenues.
This is a testament to our capability and commitment to deliver sustainable profitable growth, despite the cost inflation
on LPG and wage hike.
The operating environment has remained volatile, along with the usual seasonal complexities. While the demand has
remained stable so far, the forecast of a below-normal season, combined with El Niño risk, is a reminder that consumption
recovery in India rarely moves in a straight line.
The merger process with Sapphire Foods continues to progress along expected timelines. We received approvals from
both the NSE and the BSE in June, bringing us closer to the next phase of regulatory filings. The timelines are broadly
on track with our stated target of completion by the end of FY27. I want to once again thank Yum! Brands for their
continued confidence in DIL and RJ Corp as their long-term partners.
Under Manish's leadership, we have continued to strengthen our management team. The new team is fully in place now
and settling in well in their respective roles. I am encouraged by the early cultural and operational shifts that I see across
the organization as we build what the team has called "DIL 2.0."
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:
Manish Dawar / 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.