Mumbai/IBNS, Feb. 4 -- Shares of Devyani International, the operator of several quick service restaurant (QSR) brands, surged nearly 10 per cent on Wednesday following the announcement of its Q3 FY2025-26 results, media reports said.
Despite the higher loss, investor sentiment was buoyed by strong revenue growth.
The company's revenue rose 11.3 per cent year-on-year to Rs 1,441 crore during the quarter.
Earnings before interest, tax, depreciation and amortisation (EBITDA) also improved, increasing 8.3 per cent year-on-year to Rs 231 crore, up from Rs 213.3 crore in the year-ago period.
Published by HT Digital Content Services with permission from India Blooms....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.