Devyani International Reports Mixed Q2 Results with Revenue Growth but Swings to Loss

🍔

posted Q2 revenue of ₹13.8 billion, up from ₹12.2 billion year-on-year, but slipped into a consolidated net loss of ₹220 million compared to a ₹2 million profit in the same period last year. EBITDA stood at ₹1.92 billion versus ₹1.95 billion previously, with margins narrowing to 13.97% from 16.01% YoY, reflecting cost pressures despite healthy topline growth.