💨 Abstract

Devyani International, the operator of KFC, Pizza Hut, and Costa Coffee outlets in India, reported a 12% drop in pre-tax profit for Q3 2022, due to increased costs from store expansion. Despite a 54% increase in revenue to 12.94 billion rupees, the company's earnings after tax turned into a loss of 4.9

Courtesy: theprint.in

Summarized by Einstein Beta 🤖