Devyani International Q1 Results: PAT INR 316.54 million

In the first quarter of 2024, Devyani International Limited (DIL) showed a strong performance. The company made a total income of INR 8,511.99 million. This income includes money from their operations and some extra income. They earned INR 8,398.84 million from their business activities and INR 113.15 million from other sources.

DIL’s total expenses for the quarter were INR 8,115.64 million. They spent INR 2,344.60 million on materials used in their operations. They bought stock worth INR 16.83 million and spent INR 1,082.47 million on employee salaries. Finance costs were INR 524.17 million, and they spent INR 916.90 million on depreciation. They had other expenses totaling INR 3,230.67 million.

The company’s profit before tax and exceptional items was INR 396.35 million. They did not have any exceptional items during this period. After accounting for taxes, which were INR 79.81 million, DIL’s profit for the quarter was INR 316.54 million.

When including other comprehensive income, which was a small loss, the total comprehensive income was INR 315.09 million. Each share of the company earned INR 0.26.

Source: Here 

Devyani International Q1 Results

Devyani International Q1 Results for the Quarter Ending June 30, 2024

For the first quarter of 2024, Devyani International Limited reported the following financial results:

In this quarter, the company had a strong performance with a profit of INR 316.54 million after taxes and other adjustments. The earnings per share were INR 0.26, reflecting a solid financial position for DIL.

Devyani International Ltd 

Devyani International Ltd (DIL) was founded in 1991 and is one of the biggest companies in India that runs quick-service restaurants. As of March 31, 2024, DIL operates more than 1,700 restaurants in countries like India, Nepal, Nigeria, and Thailand.

DIL is a part of RJ Corp., a large company involved in many businesses such as drinks, fast food, retail stores, ice cream, dairy products, healthcare, and education.

DIL is well-known for being the biggest franchisee of Yum Brands in India, which means it runs many KFC and Pizza Hut restaurants. It also holds the exclusive rights to run Costa Coffee shops and cafes in India.

In addition to these international brands, DIL has its own brands. One of these is Vaango, which offers South-Indian vegetarian food. Another is The Food Street, a food court where customers can find different food brands all in one place.

DIL also has a strong presence in Indian airports, providing a variety of food and drink options for travelers.