Devyani International Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Devyani International has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported consolidated revenue of ₹381.15 Cr and a loss of ₹14.28 Cr for the quarter. A major strategic move was the acquisition of an 80.72% stake in Sky Gate Hospitality for ₹419.60 Cr, funded by a preferential share issue. DIL increased its Sky Gate stake to 84.34% by quarter-end, and further to 86.13% subsequently. Businesses like Krazy Kebab Co. and Peanutbutter are now classified as discontinued operations. Additionally, 1.95 million equity shares were allotted to employees under the ESOP scheme.