KFC India operator Devyani's revenue jumps 49% on new store additions

Quick Summary:

Last year, it had a one-off gain of 139.9 million rupees.

Global consumer-facing firms such as Hindustan Unilever, the Indian arm of the UK's Unilever, and McDonald's are doubling down on the world's fastest-growing economy, despite a recent inflation-led slowdown in consumption.

Analysts had expected 182.4 million rupees, according to estimates compiled by LSEG.

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Article Details

Category: BusinessFinance

Markets: IndiaMalaysiaNepalNigerNigeriaSingaporeThailand

Topics: New store additions Shares rise Q2 revenue KFC India operator Devyani

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 00:15:09 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23524360

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