Devyani International Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

Devyani International has announced a board meeting on approving consolidated financial results for the quarter and financial year. The group posted total income of INR 495.11 Cr and expenses of INR 498.80 Cr, leading to a loss before tax of INR 3.80 Cr. Despite this, operating cash flow stayed strong at INR 83.34 Cr. The company allotted 19.52 lakh shares under its Employee Stock Option Scheme. It also greenlit acquiring up to 80.72% stake in Sky Gate Hospitality for INR 419.6 Cr, marking a significant move to expand its food and beverage presence.