Sapphire Foods India Ltd
P&L
Quarterly Consolidated
vs Q2 FY26
Sapphire Foods India Q3 FY26 Performance Improves, KFC Drives Revenue Growth
06 Feb 2026 · 6 Feb, 2:07 pm
Summary
Sapphire Foods India's Q3 FY26 performance saw much improvement on profitability led by KFC. Revenue for KFC grew by 11% and Pizza Hut India revenue declined by 11%. The company added 27 KFC restaurants, 1 Pizza Hut in India and 3 Pizza Hut in Sri Lanka. Consolidated Restaurant EBITDA grew by 5% YoY, and margin was at 15.0%.
Key Highlights
- 1
Q3 FY26 performance saw much improvement on profitability led by KFC
- 2
Revenue for KFC grew by 11% and Pizza Hut India revenue declined by 11%
- 3
Added 27 KFC restaurants, 1 Pizza Hut in India and 3 Pizza Hut in Sri Lanka
- 4
Consolidated Restaurant EBITDA grew by 5% YoY, and margin was at 15.0%
Management Comments
Sapphire Foods Management
KFC Q3 FY26 performance saw much improvement on profitability compared to earlier quarters. SSSG for the quarter was 1% (Navratri benefit included) and it delivered a healthy Rest. EBITDA margin of 18.8% (160 bps) on the back of Gross Margin improvement and cost efficiencies. The increase in GM% was on account of reduced discounts & rationalised value offer construct. The %299/- EPIC Saver value campaign did not give us desired results and hence to attract new customers and drive transactions we pivoted towards %99/- Krisper Chicken Burger Meal in Dine In & Takeaway channels. This is being piloted in ~25% of stores starting 24 week of Dec’25 and the 7-weeks read is encouraging. We have added further muscle to this through a mass media advertising campaign launched in the last week of Jan’26 aimed at getting in new customers to our stores.
Informational and educational content only. Not investment advice.