KFC operator Devyani International on Friday released its fiscal fourth quarter earnings with a loss of Rs 14.74 crore, widened from Rs 7.47 crore recorded during the corresponding quarter of FY24. The company recorded revenue from operations at Rs 1,212.59 crore during the quarter in review. This was 15.81 per cent higher in comparison to Rs 1047.08 crore reported during the fourth quarter of previous financial year. The company EBITDA stood at Rs 187 crore, up 43 per cent on-year.
While the total income recorded by Devyani International during Q4 stood at Rs 1,225.78 crore, the company incurred total expenses of Rs 1,247.91 crore.
For the full year, Devyani International reported consolidated revenue of Rs 4,951 crore, registering a 39.2 per cent YoY growth. This, it added, was primarily driven by the strategic acquisition of KFC stores in Thailand and supported by ongoing store expansion in India. The company’s EBITDA margin stood at 17 per cent, while absolute EBITDA increased by 29.1 per cent over FY24.
During FY25, the company opened 257 net new stores, taking total store count to 2,039 vs 539 net new stores in FY24 wherein FY24 net new stores included 283 Thailand KFC stores acquired on 18th Jan-24. “We have achieved our store rollout targets across all brands, reflecting disciplined execution and strong operational capabilities,” it said in a statement.
In April, the company announced the acquisition of Sky Gate Hospitality (owners of Biryani By Kilo and other brands) marking its entry into another food category. “This acquisition further strengthens our overall brand portfolio and deepens our well laid out strategy. During the year, we also tied up with three international brands i.e. New York Fries, Tealive, and Sanook Kitchen,” it said.