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Sapphire Foods Q4 Results Review - Favorable Risk Reward: HDFC Securities

Q4 results were below consensus estimates owing to brand building initiatives undertaken for Pizza Hut brand and weaker than expected performance of KFC brand.

<div class="paragraphs"><p>Sapphire Foods International Ltd. (Photo: Company website)</p></div>
Sapphire Foods International Ltd. (Photo: Company website)
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