Devyani International Sees Significant Block Trade on NSE May 29, 2025
Devyani International Faces Headwinds: Citi Adjusts Target Price Amid Q4 Challenges May 26, 2025
Devyani International Holds Off on Price Hikes Amid Consumption Slowdown May 23, 2025
More news about Devyani International
23May 25
Devyani International Reports Q4 Revenue Growth but Wider Losses
Devyani International's Q4 results show a 16% revenue increase to ₹1,213.00 crore and 43% EBITDA growth to ₹187.00 crore. The company opened 257 new stores and expanded its EBITDA margin to 15.40%. However, net loss widened to ₹14.70 crore from ₹7.50 crore year-over-year. The company also acquired KFC stores in Thailand, indicating strategic international expansion.
Devyani International Set to Acquire Biryani by Kilo, Expanding its Food Portfolio
Devyani International, operator of KFC and Pizza Hut in India, plans to acquire a controlling stake in Sky Gate Hospitality, which runs Biryani by Kilo. The board will meet on April 24 to consider this acquisition and discuss potential equity share issuance. This move marks Devyani's entry into the biryani market, diversifying beyond western fast-food chains. Analysts view this positively, citing potential value creation, growth opportunities, and operational synergies.
24Mar 25
Devyani International Shares See Significant Block Trade on NSE
A significant block trade of 3,714,266 Devyani International Ltd. shares occurred on the National Stock Exchange (NSE). The transaction was executed at Rs. 149.70 per share, totaling Rs. 55.60 crores. Devyani International, known for operating QSR brands like Pizza Hut, KFC, and Costa Coffee in India, saw this large-scale transaction which could potentially impact short-term trading patterns. While the identities of the buyer and seller remain undisclosed, such trades often precede important corporate announcements or reflect changing perspectives on the company's prospects.