Devyani’s June-quarter profit rises fourfold as revenue grows 16.5%

Devyani International reported consolidated net profit of Rs 14.6 crore for the quarter ended June 30, versus Rs 3.7 crore a year earlier. Revenue from operations rose to Rs 1,581 crore, while EBITDA margin improved to 1.8% from 0.9%, sending the stock up more than 6% intraday.

— Source publishedWed, 29 Jul, 2026, 12:52 IST·First seen Wed, 29 Jul, 2026, 13:22 IST·Source NDTV Profit

What happened

Devyani International reported a fourfold rise in June-quarter profit to Rs 14.6 crore as revenue grew 16.5% to Rs 1,581 crore. EBITDA more than doubled and

Key facts

  • Consolidated net profit: Rs 14.6 crore, versus Rs 3.7 crore a year earlier
  • Revenue from operations: Rs 1,581 crore, up 16.5% year-on-year from Rs 1,357 crore
  • Other income: Rs 19.2 crore, versus Rs 13.5 crore
  • EBITDA: Rs 29 crore, versus Rs 12 crore
  • EBITDA margin: 1.8%, versus 0.9%
  • Share price: Rs 120.9 at around 12:19 pm, up over 6% from Rs 113.72 previous close
  • Stock down 28.4% over one year and 18.9% in 2026
  • 52-week range: Rs 91.55-Rs 191
  • Market capitalisation: Rs 15,004.9 crore

Why this matters

The results strengthen Devyani’s position as a scalable QSR platform, potentially improving its capacity to pursue selective brand expansion, franchising opportunities or network-led acquisitions.

What to watch

  • Same-store sales growth by brand, especially KFC and Pizza Hut.
  • Sequential EBITDA margin progression and restaurant-level operating margin.
  • Net store additions, closures and the share of new stores reaching maturity.
  • Food commodity, packaging, rent and wage-cost trends.
  • Delivery mix, aggregator commissions and discount intensity.
  • Pizza Hut sales recovery and losses from the brand’s store network.
  • Management guidance on capex, debt, franchise obligations and expansion pace.
  • Whether revenue growth remains above mid-teens without renewed margin compression.
  • Prioritize same-store sales and restaurant-level margin improvement over aggressive low-return outlet expansion.
  • Use the improved earnings print to reinforce investor confidence in the KFC-led growth engine and the Pizza Hut recovery plan.
  • Tighten promotional spending, menu mix and procurement costs to protect the narrow EBITDA margin.
  • Continue selective expansion in high-throughput formats while rationalizing persistently underperforming stores.
  • Accelerate higher-margin channels such as beverage, delivery, digital ordering and loyalty-led repeat purchases.