ALPHA TRIBE

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

13-08-2025 | 01:58 pm

Devyani International has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹381.15 Cr and a net loss of ₹16.76 Cr for the period. A significant strategic update was the acquisition of an 80.72% stake in Sky Gate Hospitality for ₹419.60 Cr. This acquisition expands the company's portfolio, with the stake further increasing to 86.13% post-quarter. Businesses like Krazy Kebab Co. will be divested.

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