Restaurants company Devyani International announced Q1FY26 results Q1FY26 Revenues stood at Rs 13,570 million, up 11.1% YoY. KFC India: Rs 6,126 million, up 10.5% YoY. Pizza Hut India: Rs 1,873 million, up 3% YoY. International business: Rs 4,332 million, up 11.2% YoY. Q1FY26 EBITDA at Rs 2,049 million, with EBITDA margin at 15.1%. Ravi Jaipuria, Non-Executive Chairman, Devyani International, said: “India’s QSR industry is on a structural growth trajectory underpinned by rising urbanisation, growing income levels, increasing digital adoption, an increase in female work participation rate and a growing appetite for convenience, esp. among younger consumers. While near-term macro factors have led to a phase of soft consumer demand, we see a better outlook for the industry in the coming times. We are learning from the evolving consumer trends, and we need to reset our business to have a differentiated and compelling proposition for our consumers, whether they are online or offline. We strongly believe that our industry will remain a prime beneficiary of evolving consumer behaviour. It’s important that job creation continues in the economy with rising per capita income, which will lead to higher consumption. Considering the significant market potential, we continue to execute on our long-term growth agenda. I am pleased to announce that we have concluded the acquisition of Sky Gate Hospitality, which runs “Biryani by Kilo” and “Goila Butter Chicken” brands, and increased our stake to 86.13% subsequently. This gives us access to market-leading brands to expand our presence in the Biryani and Indian cuisine segment – one of the largest food categories in the country. Sky Gate Hospitality has 105 outlets at present, and we are confident that these brands will be one of the key contributors to our expansion plans going forward. Our financial performance has been healthy. On a consolidated basis, Q1 revenues reached Rs 1,357 crore, a 11.1% YoY growth. This growth was driven by healthy growth from KFC, Costa and the Food Court business in India and supported by 11.2% YoY growth in the international business. Reported EBITDA came in at Rs 205 crore with EBITDA margins at 15.1%. The slight dip in margins was due to deleverage from lower ADS YoY and investments in marketing and promotions in the quarter. As one of the leading QSR players, we are well-positioned to benefit from the rebound in consumer spending. Our multicuisine, multi-format strategy caters to a broad spectrum of consumer tastes, occasions, and price points, while diversifying away from any category or geography-specific risks. It also enhances our ability to capture opportunities across varied markets and evolving consumer trends. With the strength of our brands and our execution capabilities, we are confident of our ability to deliver consistent growth. Our focus will remain on scaling profitably, strengthening both our core and emerging brands, and creating long-term value for all stakeholders.” Result PDF