Acquisitions23 May 2025, 04:18 pm
Devyani International Reports 39.2% Revenue Growth in FY25; Completes Acquisition of Sky Gate Hospitality
AI Summary
Devyani International Limited (DIL), one of the largest Quick Service Restaurant (QSR) operators in India, has announced its financial results for the quarter ended March 31, 2025. The company reported a consolidated revenue of Rs 49.5 billion, growth of 39.2% vs FY24. DIL added 257 new stores in FY 2025, taking the total store count to 2,039. The company also announced the completion of the acquisition of Sky Gate Hospitality, marking its entry into another high-potential food category.
Key Highlights
- Consolidated revenue at Rs 49.5 billion, growth of 39.2% vs FY24
- Added 257 new stores in FY 2025, total stores count stands at 2,039
- Completed acquisition of Sky Gate Hospitality
- EBITDA margin at 17%
- Absolutely EBITDA increased by 29.1% over FY24