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Devyani International Ltd Achieves Milestone of Over 2,000 Stores, Expands to 30+ New Cities

Devyani International Ltd, a leading food service company, has achieved a significant milestone of over 2,000 stores in Q3 FY 2024-25, ahead of guidance. The company has also expanded its core-brand business to 30+ new cities in India and added 257 Net New Units (NNUs), taking the total stores to 2,039 as of March 31, 2025. Devyani has also signed Master Franchise Agreements for 3 new brands — Tealive, New York Fries and SANOOK KITCHEN for India, and extended Tealive Master Franchise Agreement for Thailand. The company has also signed a JV with PVR INOX Limited and opened the first food court in Kota.

• Achieved milestone of over 2,000 stores in Q3 FY 2024-25
• Signed Master Franchise Agreements for 3 new brands — Tealive, New York Fries and SANOOK KITCHEN for India
• Extended Tealive Master Franchise Agreement for Thailand
• Added 257 Net New Units (NNUs), taking the total stores to 2,039 as of March 31, 2025
• Expanded core-brand business to 30+ new cities in India