StockWatch
·

Devyani International Ltd Q2 FY26 Results

DEVYANIQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue1.4K1.5%12.7%
Total Income1.4K0.8%12.6%
Expenditure1.4K3.0%14.4%
PBT-26.58963.6%580.9%
Net Profit-23.951174.8%386.6%
OPM13.97%1.21pp31.41pp
NPM-1.73%1.89pp1.33pp
EPS0.16433.3%
View full financials

Devyani International's Q2 Revenues Up 12.6% YoY, Adds 30 KFC Stores in India

06 Nov 2025 · 6 Nov 2025, 12:36 pm

Summary

Devyani International Limited (DIL), one of the leading global Quick Service Restaurant (QSR) operators, has announced its financial results for the quarter ended September 30, 2025. The company's Q2 revenues stood at Rs. 13,747 million, up 12.6% YoY. The company added 30 net additions to KFC and another 3 net additions to Pizza Hut. The company started rolling out the stores for Tealive and launched the brand with 6 new outlets during the quarter by way of test launch. The integration of Skygate with DIL remains on track. The company's consolidated revenues grew to Rs. 1,377 Cr —a 13% YoY growth.

Key Highlights

  1. 1

    Devyani International's Q2 Revenues Up 12.6% YoY

  2. 2

    30 KFC stores added in India

  3. 3

    Added 39 net new stores overall

  4. 4

    Tealive test launched with 6 stores in India

  5. 5

    Thailand continues to progress well

  6. 6

    Skygate turnaround on track for brand contribution break-even by March 2026

Management Comments

M

Mr. Ravi Jaipuria

Non-Executive Chairman, Devyani International Limited

Q2 saw perhaps the most important policy development for consumers and the retail industry with the transition to GST 2.0 — a historic move to simplify and harmonize the GST framework to a 2-tier structure. While it's still early to assess the results of this fransition, the initial signs are encouraging, and all of us have seen a significant upside in certain consumption categories like Automobiles and Durables. The impact of the change has been very minimal on the QSR category and our business. We have already passed on the benefits of reduced input costs to our consumers. Overall, GST 2.0 is a welcome move to broaden the consumption story in India.

Informational and educational content only. Not investment advice.