Saturday, November 9, 2024

Devyani International

Costa Coffee reports 49% surge in revenue to INR 152 crore in FY24, adds 67 new stores

News
Costa Coffee, the British coffee chain, saw a 49% increase in operational revenue in India, reaching INR 151.8 crore, according to Devyani International Ltd's annual report. Additionally, its gross profit rose to INR 116.6 crore, marking...

Devyani International forms JV with PVR Inox to develop food courts in malls

News
Devyani International, the operator of well-known quick service restaurants (QSRs) like KFC and Pizza Hut, established a 51:49 joint venture with cinema operator PVR Inox to build and manage food courts within shopping malls across India. In...

Devyani International reports INR 49 Cr loss in Q4 despite 38% YoY revenue surge

News
Devyani International, India's leading franchisee for Pizza Hut and KFC, announced a net loss of INR 49 crore for the quarter ended on March...

McDonald’s India operator Westlife Foodworld reports 96% profit slide in Q4 amidst weak demand

News
Westlife Foodworld, which operates McDonald's restaurants in west and south India, reported a 96% drop in fourth-quarter profit on Wednesday, as inflation-weary consumers reduced...

Yum Restaurants India exits Devyani International, sells entire stake for INR 871 Crore

News
Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for INR 871 crore through an open market transaction. Devyani International, the...

Devyani International surges 6% amid reports of block deal; Yum Restaurants likely seller

News
On February 21, Devyani International Ltd, the largest domestic franchisee for Yum Brands (including KFC & Pizza Hut) and the sole franchisee for Costa...

Cloud kitchen sector in India faces uphill battle with continued inflation and funding constraints, threatening revenue growth

News
Continued inflation and a decrease in funding for startups might pose challenges for the cloud kitchen segment in India, making it difficult to maintain...

Devyani International set to operate KFC outlets in Thailand after $128.9 Million deal

News
India's Devyani International announced on Monday its plans to begin operating KFC outlets in Thailand. This move comes after the company acquired Restaurants Development...

Subway India refreshes its menu with Coca-Cola, ends 5-year PepsiCo partnership

News
Subway India has ended its five-year exclusive arrangement with beverages maker PepsiCo India for selling its products at the sandwich and salad chain's outlets....

Burger King India nears exclusive beverage partnership with Coca-Cola, ending decade-long PepsiCo association

News
Burger King, India's second-largest burger chain, is currently engaged in advanced discussions to establish an exclusive beverage partnership with Coca-Cola, signaling the end of...

KFC owner Devyani International reports 84% decrease in Q1 FY24 net profit

News
On Friday, Devyani International reported a significant 84% decrease in its net profit for the June 2023 quarter, amounting to INR 11.75 crore. This...

Recent articles

Snackfax is a food media company aiming to build a reliable and relatable community of culinary enthusiasts who are passionate about all things ‘food’.

Discover

Know More

Subscribe to our Newsletter!
Subscribe to our Newsletter!

Stay updated on the latest news, trends, and top startups with Snackfax's daily newsletter!

© Snackfax | Snackfax Media & Services Pvt. Ltd.

× Drop a, Hi?