Devyani adds 193 India outlets as KFC operator sees demand recovery
Devyani International says demand began recovering in FY26’s fourth quarter after weaker discretionary spending. The QSR operator added 193 restaurants in India during the year, taking its domestic network to 1,857 outlets, while prioritising technology, unit economics and portfolio diversification.
Devyani International reported early demand recovery in FY26's fourth quarter after weak discretionary spending, and is prioritising technology, unit economics, selective store additions and portfolio diversification. It added 193 Indian outlets, ending the year with 1,857 domestic restaurants.
Why this matters
After a prior signal that FY26 demand recovery was reviving expansion plans, the update adds scale to Devyani’s growth story amid reports that Yum’s $2.7B Pizza Hut sale could put its 600+ India outlets in play.
Retail-company signals are accelerating, up 565750% QoQ.