KFC operator Devyani International posts 43% drop in Q2 profit
Devyani International Q2 Results: Devyani International reported a 43.2% fall in quarterly profit as a rise in raw material costs at the KFC and Pizza Hut operator overshadowed a bump in promotions-led demand at its fast-food chains.
Consolidated net profit fell to 333.5 million rupees ($4.01 million) for the second quarter ended September 30, from 587.6 million rupees a year ago. Pic: Reuters