Devyani International reported a consolidated net profit of ₹171.04 million for the quarter ended June 30, 2026 (Q4FY26), marking a significant turnaround from the net loss of ₹98.39 million recorded in the preceding quarter. The company’s consolidated revenue from operations rose to ₹15,805.16 million in Q4FY26, up from ₹14,368.62 million in Q3FY26, reflecting sustained top-line momentum. This performance underscores improved operational efficiency and cost management within its food and beverages segment.

The Board of Directors approved the unaudited financial results at a meeting held on July 29, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Walker Chandiok & Co LLP and O P Bagla & Co LLP, the joint statutory auditors, issued limited review reports with unmodified opinions on both the consolidated and standalone financial statements. The results were prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies Act, 2013.

Consolidated Financial Performance

Devyani International’s consolidated EBITDA expanded to ₹2.54 billion in Q4FY26, compared to ₹2.1 billion in the year-ago period (Q4FY25). The EBITDA margin improved to 16.1% from 15.2% in the corresponding quarter of the previous year. Total income for the quarter stood at ₹15,997.07 million, comprising ₹15,805.16 million from operations and ₹191.91 million from other income. Total expenses were ₹15,768.48 million, including ₹4,882.40 million for cost of materials consumed and ₹2,301.07 million for employee benefits.

Standalone Results and Strategic Developments

On a standalone basis, Devyani International reported a net profit of ₹85.01 million in Q4FY26, recovering from a net loss of ₹127.35 million in Q3FY26. Standalone revenue from operations increased to ₹9,985.23 million from ₹8,789.44 million in the previous quarter. The company also disclosed progress on key strategic initiatives, including the amalgamation of Sapphire Foods India Limited, effective April 1, 2026, under a scheme approved by the Board. Additionally, the National Company Law Tribunal (NCLT) pronounced its First Motion Order on July 23, 2026, regarding the amalgamation of Sky Gate Hospitality Private Limited and its subsidiaries into Devyani International.

What the Numbers Show

The shift from a quarterly net loss to a profit of ₹171.04 million highlights the impact of operational leverage as revenue growth outpaced expense inflation. The expansion in EBITDA margin to 16.1% suggests effective control over variable costs despite rising input prices. Furthermore, the absence of exceptional items in Q4FY26, unlike the prior year which saw labor code-related provisions, indicates a normalization of non-recurring impacts, allowing core operational performance to drive profitability.

Devyani International Limited has scheduled its 35th Annual General Meeting (AGM) for Friday, August 14, 2026, at 11:00 A.M. IST. The meeting will address the approval of the company’s annual report and accounts for the financial year ended March 31, 2026, including the Business Responsibility and Sustainability Report. This gathering serves as the primary forum for shareholders to review the company’s performance and governance structures for FY26.

The AGM will be conducted through Video Conferencing or Other Audio-Visual Means (OAVM) facility, in compliance with circulars issued by the Ministry of Corporate Affairs and the provisions of the SEBI Listing Regulations. This virtual format ensures broader accessibility for shareholders while adhering to regulatory mandates for corporate governance transparency.

Meeting Details

Pursuant to Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has enclosed the notice along with the annual report. The disclosure aims to provide shareholders with comprehensive insights into the company’s operational and financial standing for the concluded fiscal year.

Governance and Compliance

The notice was issued by Pankaj Virmani, Chief Sustainability Officer & Company Secretary, underscoring the company’s commitment to regulatory adherence. The filing confirms that all necessary documents, including the sustainability report, have been made available to stakeholders prior to the meeting date. Shareholders are requested to take these records on file as part of their due diligence process ahead of the voting proceedings.