Devyani International Q4FY26: Revenue Growth Strong, Losses Narrow

Key Highlights • Net Loss: ₹10 Cr vs ₹15 Cr loss YoY • Revenue: ₹1,436.8 Cr (↑18.5% YoY) • EBITDA: ₹220.2 Cr (↑18.6% YoY) • EBITDA Margin: 15.3% (flat YoY) What Stands Out • Strong double-digit revenue growth • Gradual improvement in profitability with lower losses • Margins remained stable despite expansion and cost pressures Why It Matters Healthy topline growth indicates continued demand strength across QSR brands, while narrowing losses suggest improving operational efficiency. Learning Outcome In QSR businesses, scale and same-store sales growth are key drivers for profitability improvement over time.