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Page 17 - Ravi Jaipuria News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mint Explainer: What s behind the slowdown in fast-food sales?

Several leading fast-food companies underperformed in the September quarter thanks to a combination of factors, such as relatively more religious days and increasing competition from smaller players.

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Devyani International Q2: Net profit falls 37% to Rs 35 82 crore, revenue up 9 63%

Total revenue of the company is Rs 819.47 crore, rising 9.63 percent.

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Devyani International Q2 result: Profit falls 43% YoY; opens 68 net new stores

Devyani International reported a consolidated profit of ₹33.35 crore for Q2FY24, down 43% YoY. Revenue from operations stood at ₹819.47 crore, up 9.64% YoY. The company opened 68 net new stores in Q2FY24, taking the total store count to 1,358.

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KFC-operator Devyani International Q2 profit drops by 43 2% to Rs 33 35 cr, revenue up 9 6% led by new store additions

KFC-operator Devyani International Q2 profit drops by 43 2% to Rs 33 35 cr, revenue up 9 6% led by new store additions
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Varun Beverages Q3 Results: Cons PAT rises 32% YoY on strong sales, EBITDA growth

Consolidated revenue, net of excise duty, grew by nearly 22% YoY to Rs 3,871 crore, led by a healthy growth in volumes and realisations. Despite the strong earnings growth, the stock wiped the gains and fell 0.7% to Rs 946.10 due to profit-booking.

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