| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 1.3K | 5.9% |
| Total Income | 1.3K | 6.2% |
| Expenditure | 1.3K | 5.2% |
| PBT | 8.62 | 320.8% |
| Net Profit | -7.65 | 55.4% |
| OPM | -16.55% | 0.89pp |
| NPM | -0.58% | 0.18pp |
| EPS | — |
Devyani International Achieves Over 2,000 Stores in Q3 FY25, Reports 53.5% YoY Growth
11 Feb 2025 · 11 Feb 2025, 05:37 pm
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 December 31, 2024. The company has achieved a significant milestone of over 2,000 stores in Q3 FY25, ahead of its original target. DIL has added 111 net new stores in Q3 FY2025, bringing the total store count to 2,032. The company's consolidated revenue for the quarter stood at Rs. 1,294 crores, reflecting a 53.5% year-on-year growth.
Key Highlights
- 1
Achieved milestone of over 2,000 stores in Q3 FY25, ahead of guidance
- 2
Added 111 net new stores in Q3 FY2025
- 3
Consolidated revenue for the quarter stood at Rs. 1,294 crores, reflecting a 53.5% year-on-year growth
- 4
KFC was awarded the Most Admired Retailer of the Year for market expansion at the Pepsi Images Food Service Awards 2024
Management Comments
Ravi Jaipuria
Non-Executive Chairman, Devyani International Limited
I am delighted to say that DIL has successfully met its store expansion guidance, crossing an impressive milestone of 2,000 stores in the recent quarter, across all brands and geographies - ahead of the original target. This achievement further enhances our market presence and reinforces our strategic position in the QSR industry. It also offers our customers greater access to our brands. In Q3, we added 111 net new stores, bringing our total store count to 2,032 as of December 31, 2024. DIL's consolidated revenue for the quarter stood at Rs. 1,294 crores, reflecting a 53.5% year-on-year growth. We have also seen slightly better margin performance because of better SSSG and certain fresh cost optimization measures.
Informational and educational content only. Not investment advice.