KFC’s India operator Devyani International posts quarterly loss as demand muted

Devyani International, operator of KFC and Pizza Hut in India, reported a quarterly loss as demand faltered and same-store sales declined for both brands. Despite revenue growth and store expansion, the company faced pressure from competition and the acquisition of a loss-making chain, impacting its profitability.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *