Devyani International Limited — Others, 05-07-2025: Shareholders meeting

Devyani International Limited has reported strong operational and financial growth for FY 2024-25, crossing 2,000 stores ahead of schedule with a total of 2,039 outlets across India, Nepal, Nigeria, and Thailand. Revenue grew 39% YoY to ₹4,951 Cr, driven by core brand expansion and strategic additions like Tealive, New York Fries, and Sanook Kitchen in India, plus acquisition plans for Sky Gate Hospitality to enhance Indian cuisine presence. EBITDA stood at ₹842 Cr with 17% margins. The company continues digital investments, store network expansion (including 257 new stores, mostly in Tier II and III cities), and sustainability initiatives. Despite reporting a consolidated net loss of ₹7 Cr, management remains confident about long-term growth fueled by evolving consumer habits, market diversification, and operational efficiencies. The Board has recommended re-appointment of CEO Virag Joshi and joint statutory auditor Walker Chandiok & Co LLP.