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Devyani International operates KFC, Pizza Hut, Costa Coffee, Vaango, and several other food and beverage chains, both in India and overseas. (File Photo)

Too many brands, too little growth? A deep look at Devyani International

June 10, 2025 8:26 am

After listing in 2021, Devyani grew rapidly. It opened new stores, added new brands, and expanded outside India as well. But lately, its growth has slowed down. Store-level sales are under pressure, and the stock has stayed flat for months. At the same time, the company has not stopped investing in expansion. The key question now is: can Devyani return to strong growth, or is it entering a longer phase of slow recovery?

The "eyes" of the frog are created with two halves of hard-boiled eggs topped with black olives (Image source: @jwalkermobile/X)

Pizza Hut sells pizza with deep-fried frog topping in China, internet divided

November 26, 2024 5:00 pm

A viral ad shows a thick-crust pizza with a red sauce spread on it. On top of it lies the deep-fried bullfrog with parsley.

World's cheapest Domino's pizza is in inflation-hit India, costs $0.60

July 20, 2023 11:53 am

The Rs 49 ($0.60) pizza in India, Domino's No. 1 market outside America, is the tip of the spear in its fight against rampant inflation that's squeezing profits and pricing out many customers, according to the CEO of its franchisee here.

Karnataka right-wing outfit calls for boycott of McDonalds, Pizza Hut for serving halal meat

October 18, 2022 7:27 am

A booklet titled ‘Halal Jihad’, released as part of the campaign, urges 'the entire Hindu community to observe a halal-mukt Diwali'.

Devyani International Q1 net profit at Rs 74.76 crore

August 03, 2022 4:30 pm

The company, which is the largest franchisee of Yum Brands in India, having Pizza Hut and KFC, and Costa Coffee, had reported a net loss of Rs 33.41 crore in the April-June quarter a year ago, Devyani International Ltd (DIL) said in a regulatory filing.

Sapphire Foods India makes a firm debut, lists at over 14% premium above issue price

November 18, 2021 12:20 pm

Sapphire Foods India shares listing: The scrip of Sapphire Foods India, which operates KFC and Pizza Hut outlets, got listed at Rs 1,350.00 apiece on the National Stock Exchange (NSE), thereby registering a gain of 14.41 per cent from its offer price of Rs 1,180.00.

Sapphire Foods IPO share allotment: Here's how to check your status online

November 16, 2021 1:46 pm

Sapphire Foods IPO share allotment status: Here's how to check if you have been allotted the shares of Sapphire Foods India, which operates KFC and Pizza Hut outlets.

IPO Wrap: Sapphire Foods IPO subscribed 6.62 times on final day led by retail investors and QIBs

November 11, 2021 6:10 pm

Sapphire Foods IPO subscription status: The initial public offering (IPO) of Sapphire Foods India, which operates KFC and Pizza Hut outlets, was subscribed 6.62 times on the final day.

Sapphire Foods IPO opens today: Here’s everything you need to know

November 09, 2021 11:50 am

Sapphire Foods IPO, Sapphire Foods IPO Price Band Details: The Rs 2,073 crore initial public offering (IPO) of Sapphire Foods India, which operates KFC and Pizza Hut outlets, will be available from November 9-11, 2021. It has a price band of Rs 1,120-1,180 per share.

Devyani International makes a strong debut in stock markets, lists at over 56% above issue price

August 16, 2021 10:43 am

Devyani International shares listing: The Devyani International scrip got listed at Rs 141 apiece on the BSE, thereby registering a gain of 56.67 per cent from its offer price of Rs 90.