Devyani International, the operator of brands including KFC India, Pizza Hut India, Costa Coffee, Vaango, and Biryani By Kilo, reported a consolidated loss of Rs 42.5 crore for FY26, reflecting a sharp increase from the Rs 6.9 crore loss recorded in the previous fiscal year.
Despite rising losses, the company posted strong revenue growth during the fourth quarter. Revenue from operations for the January-March quarter rose 18.4% year-on-year to Rs 1,436.8 crore. However, consolidated losses from continuing operations widened sequentially to Rs 13.28 crore in Q4 FY26, compared to Rs 9.9 crore in the previous quarter.
Among its portfolio brands, KFC emerged as the strongest performer during the year. The company said KFC delivered its best quarterly performance in the last 14 quarters, recording a positive same-store sales growth of 4.9% along with nearly 15% year-on-year revenue growth. KFC revenue for the quarter stood at Rs 585 crore, while the brand’s global store count under Devyani International reached 783 outlets, including 321 stores in India.
In contrast, Pizza Hut’s expansion slowed significantly during FY26. The company added only nine new Pizza Hut outlets during the year, compared to 63 store additions in FY25. Total Pizza Hut outlets stood at 639 as of March 31, 2026.
Meanwhile, Devyani International accelerated growth across its own brands portfolio. Brands including Biryani By Kilo, Vaango, and Goila Butter Chicken collectively added 121 stores during FY26, signalling the company’s increasing focus on expanding its in-house food brands.
