Devyani International Ltd - 543330 - Schedule Of Investor Conference - Disclosure Under The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI Listing Regulations, we wish to inform that representative(s) of the Company shall participate in events/ conferences, as per the schedule given in attached intimation. Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Investors & Analysts Conference Call
Buy Devyani International; target of Rs 220: Motilal Oswal
Motilal Oswal is bullish on Devyani International recommended buy rating on the stock with a target price of Rs 220 in its research report dated August 06, 2023. Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, link of audio recording of Investors & Analysts Conference Call held on August 4, 2023, post declaration of Unaudited Financial Results of the Company for the Quarter ended June 30, 2023, is as follows: Link: https://dil-rjcorp.com/wp-content/themes/devyani/assets/images/dil-q1_fy24_earnings_call_audio.mp3 You are requested to take the above on record.
Devyani International Results Earnings Call for Q1FY24
Conference Call with Devyani International Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript. Q1FY24 Quarterly Result Announced for Devyani International Ltd.
Restaurants company Devyani International announced Q1FY24 results: In Q1FY24, revenue from operations increased by 12.1% on a QoQ basis, reaching Rs 8,466 million, led by new store additions and strong revenue contribution by KFC. The reported EBITDA grew by 14.6% QoQ to Rs 1,734 million, resulting in an EBITDA margin of 20.5%. The consolidated PBT got impacted because of significant currency devaluation in Nigeria. On a normalized basis, the PBT stood at Rs 603 million for Q1FY24 vs. Rs 412 million in Q1FY23. The Company expanded its presence across brands and geographies, opening 47 net new stores in Q1FY24. As of June 30, 2023, DIL operates 564 KFC stores, 525 Pizza Hut stores, and 123 Costa Coffee stores, with a total of 1,290 system stores across all geographies. Commenting on the performance for Q1FY24 Ravi Jaipuria, Non-Executive Chairman, Devyani International said, "I am pleased to share that we have started the new fiscal year on a healthy note, despite facing challenges from a difficult macro environment and depressed consumer spending. Our commitment to “Customer First – Always”, driving product innovation, and enhancing scalability have been instrumental in supporting our overall consistent performance. We are going to be opening 275 to 300 stores during the current fiscal year, as we continue working towards our ambitious target of reaching 2,000 stores by 2026. With a dedicated focus on customer satisfaction, innovation, and growth, we are poised for success in the dynamic and evolving QSR landscape. Vaango, our own South Indian cuisine brand is shaping up nicely and we are bullish on this brand given the popularity of South Indian cuisine in the entire country. We have opened 52 stores in Vaango so far and Vaango is expected to be a Rs 1 billion brand by the end of the current financial year. The consistent performance and potential of DIL India was acknowledged by Franchise India and DIL has been awarded the prestigious “Master Franchisee of the Year Award for 2023.” Result PDF
Devyani International reports Q1 net loss at Rs 1.59 crore, revenue up 20%
DIL's revenue from operations during the quarter was up 20.13 per cent to Rs 846.63 crore as against Rs 704.72 crore in the year-ago period, according to an exchange filing by Devyani International Ltd (DIL). Devyani International Ltd - 543330 - Outcome Of Board Meeting
The Board of Directors at their meeting held today inter-alia considered and approved the appointment of Mr. Sreejit Madhavan Nair as CEO- Costa Coffee (senior management personnel) of the company Devyani International Ltd - 543330 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Unaudited Financial Results of the Company for the Quarter ended June 30, 2023.