Devyani International Limited — Updates, 11-02-2025: Press Release

Devyani International Limited reported strong financial performance for the quarter ended December 31, 2024. Consolidated revenues reached ₹1,294 crores, a significant 53.5% increase year-on-year. The company successfully opened 111 net new stores in Q3 FY25, raising the total to 2,032 stores, ahead of their original guidance. Consolidated EBITDA was recorded at ₹2.2 billion, with improved margins at 16.9%, driven by better same-store sales growth (SSSG) and cost optimization efforts.

For the nine months of FY25, total revenues hit ₹3,740 crores, growing by 49% compared to the same period last year. The company also maintained positive profit before tax (PBT) for the quarter and year to date. Devyani's strategic expansion and brand performance have positioned it well in the competitive quick-service restaurant sector, providing a positive outlook for investors looking for growth in the culinary market.