Devyani International posts nearly fourfold rise in quarterly net profit
ET Retail’s results roundup says Devyani International reported consolidated quarterly net profit of ₹146.5 million, supported by strong sales. The page also flags profit growth at Britannia, Westlife Foodworld, Vintage Coffee & Beverages and Kalyan Jewellers.
ET Retail’s financial-results roundup highlights Devyani International’s near-fourfold quarterly profit rise on strong sales, alongside improved or rising profits at Britannia, Westlife, Vintage Coffee and Kalyan Jewellers. Shoppers Stop narrowed its Q1 loss, while Reliance may consider an NCD fundraise.
Why this matters
The result follows Devyani’s recent Q1 update on 16.5% revenue growth and positive same-store sales at KFC, Costa and BBK. Another recent signal highlighted Q1 margin expansion and potential merger synergies.
Retail-company signals are accelerating, up 198271% QoQ.