Devyani International Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported consolidated annual revenue of INR 56,114.79 million for the fiscal year, marking a robust growth trajectory. Despite facing strategic headwinds, the company maintains a strong focus on its food and beverage portfolio, with leadership reaffirming their commitment to operational excellence and sustainable growth across all domestic and international markets.
Financial Performance Overview
For the financial year ended March 31, 2026, Devyani International Limited recorded consolidated revenue from operations of INR 56,114.79 million, compared to INR 49,510.52 million in the previous year. The company’s total income for the year reached INR 56,565.91 million. During the final quarter (Q4: Jan-Mar 2026), the company achieved a revenue of INR 14,368.62 million.
Consolidated Profit and Expense Analysis
The consolidated loss for the financial year ended March 31, 2026, stood at INR 425.35 million. Expenses for the fiscal year were primarily driven by material costs of INR 17,674.70 million and employee benefit expenses totaling INR 8,295.58 million. Depreciation and amortization costs reflected the company’s ongoing capital investments, totaling INR 6,539.81 million for the year.
Strategic Acquisitions and Corporate Developments
Key corporate highlights during the year include the acquisition of a controlling stake in Sky Gate Hospitality Private Limited, which became a wholly-owned subsidiary following the purchase of remaining shares in Q4. Furthermore, the Board has approved a Scheme of Amalgamation to merge Sky Gate and its subsidiaries into the parent company, effective from April 1, 2025, aiming to streamline operations and enhance synergy across the portfolio.
Future Outlook
The company continues to operate within the ‘food and beverages’ segment. Management has expressed confidence in the current strategy, emphasizing that all financial statements were issued with an unmodified opinion by the joint statutory auditors. The leadership remains focused on long-term value creation through its diverse brand portfolio and disciplined capital allocation.
Source: BSE