{"id":142919,"date":"2023-02-27T09:07:10","date_gmt":"2023-02-27T14:07:10","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142919"},"modified":"2023-02-27T09:07:11","modified_gmt":"2023-02-27T14:07:11","slug":"sapphire-foods-india-limited-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/sapphire-foods-india-limited-q3fy23-earnings\/","title":{"rendered":"Sapphire Foods India Limited Q3FY23 Earnings"},"content":{"rendered":"\n

Sapphire Foods<\/a> stands among one of the largest franchisees of Yum! Brands Inc. in the subcontinent. It has a huge geographical presence with more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Maldives, and Sri Lanka.<\/p>\n\n\n\n

Financial Results:<\/strong><\/h2>\n\n\n\n

The company\u2019s consolidated net profits suffered a decline of 23 percent in the period ended December 2022, standing at INR 32.7 crore, as against INR 42.4 crore recorded in the year-ago period.<\/p>\n\n\n\n

Consolidated EBITDA increased by 8% year over year to Rs 116.7 crore. EBITDA margin dropped from 21.5% in the third quarter of last year to 19.6% in the third quarter of this year, a 190-bps decrease. In Q3 FY23, India’s EBITDA increased by 19% year over year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sapphire Foods stands among one of the largest franchisees of Yum! Brands Inc. in the subcontinent. It has a huge geographical presence with more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Maldives, and Sri Lanka. Financial Results: The company\u2019s consolidated net profits suffered a decline of 23 percent in the period […]<\/p>\n","protected":false},"author":1885,"featured_media":142920,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12,6352],"tags":[11754,8151],"class_list":["post-142919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-other-industries","category-research-summary","tag-fast-foods","tag-food-products"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/kfc.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179803,"url":"https:\/\/alphastreet.com\/india\/sapphire-foods-india-reports-loss-for-third-quarter-amid-merger-plans\/","url_meta":{"origin":142919,"position":0},"title":"Sapphire Foods India Reports Loss for Third Quarter Amid Merger Plans","author":"Staff Correspondent","date":"February 6, 2026","format":false,"excerpt":"Sapphire Foods India Ltd (NSE: SAPPHIRE, BSE: 543397) shares closed at \u20b9213.00 on Friday, representing an intraday decline of 1.94%. 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