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Sapphire Foods continues to demonstrate robust performance, achieving a 14% increase in revenue, reaching ₹7,550 Mn, with an Adj. EBITDA of ₹811 Mn, reflecting a 12% growth and a margin of 10.7%. All business verticals, including KFC India and Pizza Hut in India and Sri Lanka, contributed to this growth. During the quarter, Sapphire added 54 new restaurants, increasing its total to 963. The consolidated EBITDA rose by 14% to ₹1,398 Mn with a margin of 18.5%. PAT was reported at ₹127 Mn, while adjusted PAT stood at ₹194 Mn.
Operationally, KFC India's Same Store Sales Growth (SSSG) was slightly negative at -3%, although performance is expected to improve through strategic initiatives focusing on product value and innovation. Pizza Hut registered a SSSG of 5%, supported by stable daily sales. The Sri Lanka operations performed impressively with a 14% growth in SSSG in local currency terms. Overall, the outlook remains positive with ongoing expansion and strategic focus. Investors should monitor developments, particularly in KFC's domestic performance and Pizza Hut's market engagement efforts.