Sapphire Foods on Wednesday posted net profit for the first quarter of financial year 2023-24 at Rs 24.87 crore, down 34.8 per cent in comparison to Rs 38.14 crore during the corresponding quarter of FY23. It posted revenue from operations at Rs 654.38 crore, up 19.8 per cent as against Rs 546.27 crore during Q1FY23. The company EBITDA stood at Rs 121.3 crore, up 9.9 per cent on-year.
KFC, Pizza Hut operator Sapphire Foods Q1 profit down 34.8% YoY, revenue up 19.8% despite consumer demand headwinds
Sapphire Foods posted revenue from operations at Rs 654.38 crore, up 19.8 per cent as against Rs 546.27 crore during Q1FY23.
