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Costa Coffee store count shrinks to 198 in India in FY26, revenue up 7%

British coffee chain brand Costa Coffee's store count in India shrunk to 198 outlets in FY26 from 220 a year ago, marking a first decline in over five years in a key market for the company, according to the latest annual report of its exclusive franchise partner Devyani International Ltd (DIL). Costa Coffee is owned by global beverage major The Coca-Cola Company. However, Costa Coffee's revenue was up 7 per cent year-on-year to Rs 212.5 crore in FY26. In FY25, sales/revenue from operations increased 30.76 per cent to Rs 198.5 crore, driven by store expansion, with the network growing to 220 outlets from 179. FY26 revenue saw growth despite the store count falling, underlining the shift from network-led growth to higher revenue per outlet. The net reduction of 22 cafes marks a break from Costa Coffee's expansion run since FY21, when it operated just 44 outlets in the country. The store count had risen every year since then -- to 55 in FY22, 112 in FY23, 179 in FY24 and 220 in FY25 -

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