Devyani International Q3 Results Soon — Check Date, Earnings Call Details And More
Devyani International Ltd.'s total market capitalisation is valued at over Rs 21,000 crore. Here’s everything you need to know about Devyani International's Q3 results
Devyani International Ltd., which runs popular fast food chains like KFC, Pizza Hut, and Costa Coffee, is slated to release its financial statement for the quarter and nine months ending on Dec. 31, 2024, this week.
Devyani International is among India's largest quick service restaurant (QSR) chain operators with a presence in more than 260 countries in India. The company also has operations in Nepal, Nigeria and Thailand.
Established in 1991, Devyani International also has its brands like Vaango, which sells South Indian vegetarian food, and The Food Street– a food court concept featuring multiple brands under one roof.
Devyani International Ltd.'s total market capitalisation is valued at over Rs 21,000 crore. Here’s everything you need to know about Devyani International's Q3 results
Devyani International Q3 Results: Date And Time
The board of Devyani International Ltd. is slated to meet on Feb. 11 to consider and approve the company's financial statements for the quarter and nine months ending Dec. 31, 2024.
"We wish to inform you that a meeting of the Board of Directors of the Company will be held on Tuesday, February 11, 2025 inter-alia, to consider and approve the Unaudited Financial Results of the Company, both on a Standalone and Consolidated basis, for the Quarter and Nine Months ended December 31, 2024," the company stated.
As per SEBI regulations, the trading window for dealing in the securities of the company for designated persons and their immediate relatives will remain closed till Feb. 13.
Devyani International Earnings Call
The Company will host a group conference call with Investors and Analysts on Tuesday at 02:30 p.m. The senior management of Devyani International will be present to address the call.
Devyani International Share Price History
Shares of Devyani International Ltd. have declined more than 4% over the past five trading sessions on the National Stock Exchange. The stock has slipped more than 3% in a month. In contrast, the share price of the company has climbed 1.38% in the last six months while surging nearly 15% in a year.
Devyani International Q2 Earnings Highlights
Devyani International experienced a subdued financial performance in the September 2024 quarter with a net loss of Rs 5 crore against the projection of Rs 20 crore profit by analysts tracked by Bloomberg. In comparison, the company reported a profit after tax of Rs 35.8 crore.
Revenue grew by a sharp 49% to Rs 1,222 crore up from Rs 819.5 crore in the year-ago period.
Ebitda rose 25.2% YoY to Rs 199 crore whereas margins shrunk to 16.3% against 19.4%.
