Devyani International Limited (DIL) announced its financial results for the second quarter of FY2027, ending September 30, 2026. The company reported a 10.4% year-on-year increase in revenue, reaching ₹15,194 million. Operating EBITDA grew by 34% to INR 1,251 million, and the company posted a Profit Before Tax (PBT) of INR 5.7 crore for the quarter, a significant improvement from a loss in the previous year.
Devyani International Announces Strong Q2 FY2027 Financials
Devyani International Limited (DIL), a leading quick-service restaurant operator, has released its financial results for the second quarter of FY2027, which concluded on September 30, 2026. The company demonstrated robust growth across key financial metrics, driven by store expansion and positive Same-Store Sales Growth (SSSG).
Key Performance Highlights Q2 FY27
The company achieved a significant 34% year-on-year growth in Operating EBITDA. Store expansion also saw an acceleration, with plans to add between 200-220 new stores during the fiscal year. SSSG showed positive momentum, particularly across brands like KFC, Costa Coffee, and BBK Biryani.
- Revenue Growth: Consolidated revenues reached ₹15,194 million, marking a 10.4% increase compared to the same quarter last year.
- Operating EBITDA: Increased by 34% to INR 1,251 million, with an improved margin of 8.2%.
- Profitability: Reported a Profit Before Tax (PBT) of INR 5.7 crore for the quarter, a notable turnaround from a loss in the prior year. For the first half of FY27 (H1 FY27), PBT stood at Rs 29 crore, compared to a loss of Rs 24 crore in H1 FY26.
- Store Network: The store network expanded to 2,325 locations globally, with 70 new stores added during the quarter, primarily KFC.
Operational Performance and Commentary
Mr. Ravi Jaipuria, Chairman of Devyani International Limited, commented on the performance, stating, “Our growth momentum carried on firmly into the second quarter. We have had a good quarter with positive SSSGs ranging from 4% to 9% across our brand portfolio in India.” He highlighted the addition of 70 net new stores, with KFC leading the expansion with 50 new units. The company is on track to meet its full-year guidance for new store additions. Despite inflation in raw materials and wages, DIL leveraged higher same-store sales and cost control measures to boost EBITDA by nearly 18% to INR 229 crore.
Brand Portfolio and Expansion
Devyani International operates a diverse portfolio of brands, including KFC, Pizza Hut, Costa Coffee, and its own brands like Vaango and The Food Street. The company is the largest franchisee of Yum! Brands in India and Nepal and a sole franchisee for Costa Coffee, New York Fries, and Sanook Kitchen in India. Recent acquisitions have strengthened its Indian cuisine offerings, including Biryani By Kilo and Goila Butter Chicken.
Merger Approval
The company also announced that it has received CCI approval for its merger, with plans progressing well according to initial timelines.
Source: BSE
