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Sapphire Foods reported Q3 FY26 revenue of INR 811 crores, up 7% YoY. KFC grew 11% with 1% SSSG, improving restaurant EBITDA to 18.8% due to discount rationalization and the new INR 99 Krisper Meal, with January SSSG showing further positive trends. Pizza Hut revenue declined 11%, SSSG -12%, and restaurant EBITDA was -3.1%, struggling from insufficient marketing support; recovery depends on a unified franchisee strategy post-CCI approval. Sri Lanka delivered strong 15% revenue growth and 11% SSSG, with high-single-digit store expansion planned. Management is cautiously optimistic about KFC's turnaround while addressing Pizza Hut's strategic needs.