Sapphire Foods and Devyani International to merge operations
pre-market1 source ↓written by the desknot a recommendation
- including
- 529 KFC
- outlets
- 457 Pizza Hut
Sapphire Foods and Devyani International are reportedly merging to consolidate KFC and Pizza Hut operations in India. Devyani will remain the listed entity. Sapphire operates 997 restaurants, including 529 KFC and 457 Pizza Hut outlets, but reported a net loss of ₹12.78 cr in Q2 FY26. This merger could streamline operations and enhance market presence.
Not investment advice. For informational purposes only.