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Sapphire Foods India Ltd Q3 FY26 Results

SAPPHIREQ3 FY26 Results
Filing
MetricValue (₹ Cr)Q2 FY26Q3 FY25
Revenue813.839.6%7.6%
Total Income820.899.2%7.0%
Expenditure813.085.8%8.4%
PBT-3.3579.8%119.9%
Net Profit-4.8162.4%137.8%
OPM15.12%1.37pp31.21pp
NPM-0.59%1.11pp2.25pp
EPS0.1562.5%59.5%
View full financials

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. 1

    Q3 FY26 performance saw much improvement on profitability led by KFC

  2. 2

    Revenue for KFC grew by 11% and Pizza Hut India revenue declined by 11%

  3. 3

    Added 27 KFC restaurants, 1 Pizza Hut in India and 3 Pizza Hut in Sri Lanka

  4. 4

    Consolidated Restaurant EBITDA grew by 5% YoY, and margin was at 15.0%

Management Comments

S

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.

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