News & Events12 June 2023

Devyani International Ltd: Witnessing demand improvement, robust long-term prospects


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 store expansion on track Devyani International Ltd’s (DIL; CMP: Rs 181; Market cap: Rs 21,795 crore) margins in Q4FY23 were affected by increased input prices as well as increased operating expenditure in the scenario of subdued SSSG (same-store sales growth).

19 February 2021

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10 February 2020

RJ Corp firm DIL to invest Rs 1,000 cr in 5 years; Yum! Restaurants picks stake

15 August 2021

Devyani International extends partnership with Costa Coffee