Devyani International Q3 results show revenue growth despite losses
after close1 source ↓written by the desknot a recommendation
- YoY
- ₹1,441 cr
- EBITDA rose
- 8.3%
- with margins slightly
- ₹231 cr
- slightly
- 16%
Shares of Devyani International Ltd. surged 10% following its Q3 earnings announcement. The company reported a net loss of ₹10.3 cr, wider than last year's loss of ₹0.5 cr. However, revenue grew 11.3% YoY to ₹1,441 cr, indicating strong same-store sales and a turnaround for Pizza Hut. EBITDA rose 8.3% to ₹231 cr with margins slightly down at 16%.
Not investment advice. For informational purposes only.