Sapphire Foods India Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
04-11-2024 · 06:28 pm
Sapphire Foods India Limited reported Q2 FY25 earnings, with restaurant sales at ₹694 crores (up 8% YoY) and adjusted EBITDA of ₹59 crores (down 13%). KFC faced challenges, with same-store sales declining due to vegetarian festivals impacting customer traffic, while Pizza Hut's performance remained stable. The Maldives business saw impairment due to geopolitical issues. The company anticipates improved conditions post-festival and continues to focus on cost management and operational efficiency amidst competitive pressures.
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