Costa Coffee India cuts 22 stores as FY26 revenue rises 7%

Costa Coffee India, operated by Devyani International, reduced its café network from 220 to 198 outlets in FY26 while revenue increased 7% year on year to ₹212.5 crore, signalling a more selective network strategy.

— Filed Sun, 26 Jul, 2026, 12:28 IST · Source The Hindu BusinessLine · Updated

Costa Coffee India, operated by Devyani International, reduced its outlet network to 198 in FY26 from 220, its first decline in over five years. Revenue nevertheless rose 7% to ₹212.5 crore, indicating a shift toward selective expansion and higher sales per café.

Why this matters

The retrenchment reverses Costa Coffee India's prior expansion pattern, when it reached 179 stores and planned 60–70 annual additions, while its PVR Inox partnership targeted premium-footprint growth.

Retail-company signals are accelerating, up 1,117,700% quarter on quarter.