Devyani International Q2 FY27 consolidated revenue Rs 1,519.42 cr; PAT Rs 3.46 cr

What the numbers show

• Net margin was 0.23% of revenue, up 196 bps from -1.74%.
• Revenue rose 10.4% while total expenses rose 8.3%.
• Other expenses accounted for Rs 63.46 cr of the Rs 117.00 cr rise in total expenses (54%).
• Other expenses took 39.5% of revenue, against 39.0% a year earlier.

• Basis & period: Consolidated statement of financial results, quarter ended 30 September 2026 vs quarter ended 30 September 2025.

• Revenue from operations: Rs 1,519.42 cr (Q2 FY27) vs Rs 1,376.75 cr (Q2 FY26), as per the statement of consolidated financial results.

• Other income: Rs 11.96 cr vs Rs 5.13 cr.

• Total income: Rs 1,531.38 cr vs Rs 1,381.88 cr.

• Cost of materials consumed: Rs 478.15 cr vs Rs 442.96 cr.

• Purchases of stock-in-trade: Rs 0.927 cr vs Rs 0.846 cr.

• Employee benefits expense: Rs 211.33 cr vs Rs 201.69 cr.

• Finance costs: Rs 65.31 cr vs Rs 68.84 cr.

• Depreciation and amortisation expense: Rs 173.28 cr vs Rs 155.18 cr.

• Provision for impairment loss (net): Rs 0.362 cr vs Rs 5.11 cr.

• Foreign exchange gain (net): Rs (4.29) cr vs Rs (3.10) cr.

• Other expenses: Rs 600.40 cr vs Rs 536.94 cr.

• Total expenses: Rs 1,525.47 cr vs Rs 1,408.47 cr.

• Profit/(loss) before share of loss of joint ventures and exceptional items (1-2): Rs 5.92 cr vs Rs (26.58) cr.

• Share of (loss)/ profit of joint ventures accounted using equity method: Rs (0.229) cr vs Rs (0.199) cr.

• Profit/(loss) before exceptional items and tax from continuing operations (3+4): Rs 5.69 cr vs Rs (26.78) cr.

• Profit/(loss) before tax from continuing operations (5-6): Rs 5.69 cr vs Rs (26.78) cr.

• Total tax expense/(credit): Rs 2.23 cr vs Rs (5.20) cr.

• Profit/(loss) from continuing operations after tax (7-8): Rs 3.46 cr vs Rs (21.58) cr.

• Loss from discontinued operations after tax (refer note 5): (no amount reported in current quarter) vs Rs (2.36) cr.

• Profit/(loss) for the period/ year (9+11): Rs 3.46 cr vs Rs (23.95) cr.

• Paid-up equity share capital (face value of INR 1/- each): Rs 123.29 cr vs Rs 123.29 cr.

• (Loss)/ earnings per equity share from continuing operations – Basic (INR): (0.00) vs (0.16).

• (Loss)/ earnings per equity share from continuing operations – Diluted (INR): (0.00) vs (0.16).

• Loss per equity share from discontinued operations – Basic (INR): (no amount reported in current quarter) vs (0.02).

• Loss per equity share from discontinued operations – Diluted (INR): (no amount reported in current quarter) vs (0.02).

• (Loss)/ earnings per equity share from continuing and discontinued operations – Basic (INR): (0.00) vs (0.18).

• (Loss)/ earnings per equity share from continuing and discontinued operations – Diluted (INR): (0.00) vs (0.18).

In the consolidated statement of financial results for the quarter ended 30 September 2026, Devyani International Limited reported higher revenue from operations and total income compared with the corresponding quarter ended 30 September 2025. Cost of materials consumed, employee benefits expense, depreciation and amortisation expense, and other expenses also increased year-on-year, contributing to higher total expenses.

Despite the rise in expenses, the company moved from a consolidated loss before tax from continuing operations in the prior-year quarter to a profit before tax from continuing operations in the current quarter, as shown in the statement of financial results. Total tax expense turned from a credit in the prior-year quarter to an expense in the current quarter. Profit/(loss) from continuing operations after tax improved from a loss in the corresponding quarter a year earlier to a profit in the current quarter.

The statement of financial results also shows that in the prior-year quarter there was a loss from discontinued operations after tax, while no such amount is reported for the current quarter. Overall profit/(loss) for the period shifted from a consolidated loss in the quarter ended 30 September 2025 to a consolidated profit in the quarter ended 30 September 2026. Basic and diluted earnings per equity share from continuing and discontinued operations moved from negative values in the prior-year quarter to (0.00) in the current quarter, as presented in the statement of consolidated financial results.