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Devyani International Ltd Q3FY24; 93% fall in Profits

Devyani International Limited (DIL) is the largest franchisee of Yum Brands in India and is among the largest operators of chain
quick service restaurants (QSR) in India. In addition, DIL is a franchisee for the Costa Coffee brand and stores in India.

Financial Results:

Devyani International Ltd reported Revenues for Q3FY24 of ₹843.13 Crores up from ₹790.60 Crore year on year, a rise of 6.64%.

Total Expenses for Q3FY24 of ₹838.06 Crores up from ₹725.10 Crores year on year, a rise of 15.58%.

Consolidated Net Profit of ₹5.07 Crores down 92.86% from ₹71.04 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.08, down 86.44% from ₹0.59 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: QSR
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