Archives: Happening

Costa Coffee is aggressively expanding in India, targeting 40-50 new outlets annually, despite global economic uncertainties. The company sees India as a high-potential market, driven by a growing preference for premium coffee among millennials and Gen Z. For British coffee chain Costa Coffee, there’s no going slow on India expansion despite an uncertain global macro… Continue reading Costa Coffee sees rising sips grow its India business

KFC operator Devyani International will acquire up to 80.72 per cent stake in Sky Gate Hospitality, which operates brands including ‘Biryani By Kilo’, for ₹419.6 crore. The acquisition includes three brands of Sky Gate — Biryani By Kilo, Goila Butter Chicken, and The Bhojan. Quick service restaurant chain operator Devyani International Ltd on Thursday said… Continue reading KFC operator Devyani International to acquire majority 81% stake in ‘Biryani by Kilo’ parent for ₹420 crore

Devyani International also signed exclusive Master Franchise agreements for three brands — handcrafted tea chain Tealive; Canadian premium quick-service brand known for its fresh-cut and loaded fries, New York Fries; and Singapore’s Sanook Kitchen which specialises in Thai and Asian cuisine. Quick Service Restaurant (QSR) operator Devyani International reported financial results for the second quarter… Continue reading Devyani International results: Signs three new franchise agreements, revenue rises 49% in second quarter

Nov 11 (Reuters) – Devyani International (DEVY.NS), opens new tab, which operates the KFC and Pizza Hut restaurants in India, reported a bigger-than-expected rise in second-quarter revenue on Monday as it added hundreds of new stores in the country, sending its stock up about 6%. Global consumer-facing firms such as Hindustan Unilever (HLL.NS), opens new… Continue reading KFC India operator Devyani beats Q2 revenue view on new store additions, shares rise

Costa Coffee, the Nation’s Favourite Coffee Shop*, is proud to announce significant investment in 130 Global team members, offering them the extraordinary opportunity to be involved in the Olympic Games Paris 2024. As the official worldwide coffee partner for the Olympic Games Paris 2024, Costa Coffee will play a pivotal role in serving imaginatively crafted… Continue reading Costa Coffee invests in 130 of its Global team members as Official Coffee Partner of the Olympic Games Paris 2024

British coffee chain Costa Coffee reported a 49 per cent growth in revenue from operations to INR 151.8 crore in India, Devyani International Ltd said in the annual report. Its gross profit stood at INR 116.6 crore, up 45 per cent from the year-ago period, it said. Devyani International (DIL) is the master franchisee for… Continue reading Costa Coffee posts 49% rise in revenue, adds new stores

The Indian franchise group opened 67 new Costa Coffee stores last year, including 25 in its fourth quarter, and is expected to scale the brand further with a planned food court roll-out. Costa Coffee’s full-year revenues in India grew 49% year-on-year to Rs 1.5bn ($18.2m) | Photo credit: Costa Coffee Devyani International Limited (DIL) ramped… Continue reading Devyani International accelerates Costa Coffee expansion across India

New Delhi [India], May 14 (ANI): PVR INOX has tied up with Devyani International Limited (DIL), to open food courts in shopping malls across India. Devyani International is one of the largest Quick Service Restaurant operators in India and PVR INOX, is the largest and the most premium cinema exhibitor in India. In a stock… Continue reading Devyani Intl and PVR INOX forms JV to operate food courts in Shopping Malls

Devyani International, the largest franchisee for KFC and Pizza Hut in India, and the sole franchisee for Costa Coffee in the country, has had a dream run leading to its listing in August 2021, and the company is gearing up for more You can’t be in the QSR (quick service restaurant) business if you don’t… Continue reading KFC, Pizza Hut, and Costa Coffee: Ravi Jaipuria’s Devyani International and its insatiable appetite for growth

India’s Devyani International on Monday said it will begin operating KFC outlets in Thailand after it acquired Restaurants Development Co in deal a worth $128.9 million, expected to be completed by March 2024. The Thai restaurant operator runs 274 KFC outlets in the Southeast Asian country and employs more than 4,500 people. Devyani acquired the… Continue reading Devyani International Ltd appoints Pradeep Das as CEO of KFC

Devyani International forays into Thailand QSR market through a strategic partnership to acquire 274 KFC restaurants. Shares of Devyani International rose as much as 6.5% on Tuesday after the company’s Dubai-based subsidiary Devyani International DMCC announced its entry into the Thailand market. The operator of KFC and Pizza Hut quick-service restaurants in India signed a… Continue reading Devyani International jumps 6% after buying 274 KFC restaurants in Thailand

India’s Devyani International on Monday said it will begin operating KFC outlets in Thailand after it acquired Restaurants Development Co in deal a worth $128.9 million, expected to be completed by March 2024. The Thai restaurant operator runs 274 KFC outlets in the Southeast Asian country and employs more than 4,500 people. Devyani acquired the… Continue reading India KFC operator Devyani International enters Thailand with $129 million deal

PVR Inox, a leading multiplex chain in India, has partnered with Devyani International Ltd, the franchisee of Costa Coffee, to sell premium coffee at select properties. The agreement aims to introduce Costa Coffee’s handcrafted hot and cold beverages to PVR Inox properties. Costa Coffee, owned by Coca-Cola, is expanding its presence in India, focusing on… Continue reading Costa signs pact to sell coffee at select premium properties of PVR Inox

Devyanti International on Wednesday, October 4, informed the stock exchanges that its hot and cold coffee beverages will be availale at a few of the PVR Inox properties. Costa Coffee has expanded its availability of both hot and cold coffee offerings to select PVR Inox properties, parent company Devyanti International informed the stock exchanges on… Continue reading Devyani International Share Price: Costa Coffee beverages will now be available at select PVR Inox properties

Devyani International Ltd (DIL) said it has entered into an arrangement with PVR INOX, for introducing Costa Coffee’s handcrafted hot and cold coffees at some of the PVR INOX properties. Leading multiplex chain PVR Inox has entered into a strategic agreement with Devyani International Ltd, franchisee of Costa Coffee, to sell premium coffee at selected… Continue reading Costa Coffee signs pact to sell coffee at select premium properties of PVR Inox

The restaurant is staffed with a passionate and dedicated team of ten specially-abled individuals,. Devyani International Nepal Pvt Ltd announced its first special KFC outlet in Kathmandu, operated majorly by specially-abled speech and hearing-impaired women workforce, on the occasion of International Sign Language Day. The restaurant is staffed with a passionate and dedicated team of… Continue reading Devyani International Nepal opens first Special KFC outlet in Kathmandu

With the easing of input prices and a pick-up in growth, earnings are expected to improve. Highlights: Margins affected by higher employee costs Demand to pick up from Q3 To double store count over the next four years Menu innovation to boost sales Margins to improve The Q1 margins of Devyani International (DIL; CMP: Rs… Continue reading Devyani International Limited: Poised to deliver industry-leading growth

DIL is witnessing signs of demand improvement in the current quarter and we expect it to reach the medium-term SSSG guidance of 6-7 percent for both KFC and Pizza Hut in H2FY24. Highlights: Q4 margins impacted by subdued SSSG and rising operating expenditure DIL witnessing signs of demand improvement Menu innovation to boost SSSG Rapid… Continue reading Devyani International Ltd: Witnessing demand improvement, robust long-term prospects

Commemorating the remarkable journey in the country, Devyani International’s Pizza Hut division celebrates crossing the 500th store milestone. The 500th store is located at Janpath Road in Connaught Place, New Delhi. With an aim to serve ‘Hut Lovers’ with their sumptuous range of Pizzas, Pizza Hut India is committed to expanding its footprint across the… Continue reading Devyani International Limited celebrates 500th Pizza Hut store milestone

Blive has joined hands with Lite Bite Foods (LBF) and Devyani International Limited (DIL) to provide EV solutions and benefit over 30k air travellers daily in the country’s busiest airports, the company said. Bengaluru: The leading multi-brand EV store has deployed electric kick scooters for food delivery in Mumbai and Delhi international airports. Blive has joined… Continue reading Blive deploys e-kick scooters for food delivery in Mumbai and Delhi international

The Indian franchise group, which opened India’s first Costa Coffee outlet in 2005, has reached its 100-store milestone in the country with its latest New Delhi location Devyani International Limited (DIL) has opened its 100th Costa Coffee store in India with a new outlet in New Delhi’s Khan Market shopping district.  DIL became Costa Coffee’s… Continue reading Devyani International opens 100th Costa Coffee store in India

We were building 3k sq. ft KFCs. Now we have gone down to 1.7k to 2k sq. ft, on an average. As a result, kitchen size is same but capex is down, says Virag Joshi, CEO, Devyani International NEW DELHI : On Wednesday, food services company Devyani International Ltd (DIL), a franchisee of  Yum Brands, reported… Continue reading Devyani International is looking to add 200-250 stores annually: CEO

Devyani International Limited (DIL), the largest franchisee of Yum! Brands in India, on Sunday announced the extension of its partnership with Costa Coffee for a period of five years. The company said that it has entered into a revised development agreement for its existing Costa business. “DIL has entered into a revised development agreement for… Continue reading Devyani International extends partnership with Costa Coffee

Food and beverages major Devyani International, the largest franchisee of Pizza Hut, KFC and Costa Coffee in India and an arm of diversified conglomerate RJ Corp, is gearing up to make a splash in the simmering hot QSR (quick-service restaurant) segment and make a market debut in the second half of 2021, sources with knowledge… Continue reading KFC, Pizza Hut, Costa Coffee operator Devyani International to join QSR IPO wave; backed by restaurant giant Yum! Brands

Devyani International Ltd (DIL), which operates Quick Service Restaurants of global brands KFC, Pizza Hut, Taco Bell, Costa Coffee, besides its own brand Vaango, will invest around Rs 1,000 crore in next five years for growing these brands. DIL also plans to double the base of KFC and Pizza Hut restaurants over the next 4-5… Continue reading RJ Corp firm DIL to invest Rs 1,000 cr in 5 years; Yum! Restaurants picks stake