KFC

Sapphire Foods India's revenue rose 19.6 per cent to Rs 888 crore in Q2FY27, with KFC recording 14 per cent same-store sales growth and Pizza Hut India reporting 5 per cent growth

Sapphire, ‌a franchisee for U.S.-based Yum Brands, reported a consolidated net profit of ₹14.04 crore ($1.46 million) for the April-June quarter

The food regulator has sought responses from the companies after taking cognisance of social media complaints alleging contamination and hygiene lapses

The operator of KFC ​and Pizza Hut ‌outlets in India reported a consolidated net loss of ‌₹10.04 crore ($1.05 million) ‌compared to a loss ‌of ₹14.74 crore a year ago

Sapphire Foods reported net loss of ₹12.6 crore for Q4FY26, compared with a profit of ₹2 crore in the year-ago period, largely due to one-time loss of ₹12.7 crore

Investment in Restaurants Development Co will help repay debt and fund expansion, with Devyani to hold 49% stake through subsidiary DID

However, in the past one month, the stock had underperformed the market by falling 22 per cent till Tuesday, February 3, 2026 and touched a 52-week low of ₹109.80 on January 27, 2026.

Shares of the company rose nearly 5 per cent on the day

Brokerages remain positive on Devyani International after the Board's approval of Sapphire Foods merger, citing scale benefits, cost synergies and stronger QSR economics

Merger with Sapphire Foods will create a unified Yum! India franchise, while Devyani's non-Yum brands and acquisitions are expected to support topline growth

Devyani International will absorb Sapphire Foods under a share-swap merger to create a single Yum! India franchisee for KFC and Pizza Hut

PL Capital's channel checks indicate that industry footfalls in the third quarter have not matched initial projections, with limited evidence of incremental spending benefits from tax changes.

Devyani International shares fell 3 per cent after the company reported muted second-quarter earnings for the second quarter

Popular fast-food chains have been struggling to grow their same-store sales in India, as they deal with stiff competition from local restaurants

The Yum Brands franchisee reported a net profit of ₹3.69 crore ($420,920.55) for the quarter ended June 30, compared with ₹30.106 crore a year earlier

The proposed merger of Yum! Brands' KFC and Pizza Hut franchises in India aim to counter weak sales

Devyani International Sky Gate Hospitality Acquisition: Devyani International share price gained 3 per cent on signing agreement to acquire additional stake in Sky Gate; check all details

(Reuters) -Devyani International, which operates KFC and Pizza Hut restaurants in India, posted a wider loss in the fourth quarter on Friday, as rising costs took a toll.

Sapphire Foods reported revenue of ₹711 crore in Q4FY25, marking a 13 per cent year-on-year growth, driven by KFC India and Pizza Hut Sri Lanka

Jubilant has already flagged a 12.1% increase in like-for-like sales in India in its quarterly update, which analysts say has benefited from its focus on online sales