Devyani International Limited (DIL), India’s leading KFC and Pizza Hut franchisee, reported a consolidated net loss of ₹4.92 crore for Q2 FY25, a decline from a Rs. 35.82 crore profit in the same period last year. Despite this, revenue grew by 49.23% to Rs. 1,222.15 crore, though expenses also rose to Rs. 1,230.89 crore.
DIL announced exclusive franchise rights for three new brands—Tealive (handcrafted tea), New York Fries (premium fries), and Sanook Kitchen (Thai and Asian cuisine)—broadening its QSR offerings. Non-Executive Chairman Ravi Jaipuria highlighted this as part of DIL’s “FOOD ON THE GO” and “HOUSE OF BRANDS” strategy, targeting youth-driven categories.
In Q2 FY25, DIL also opened 85 new stores, continuing its expansion despite current industry challenges.
