Devyani International meets store expansion guidance, reaches 2,000 stores

Devyani International Limited (DIL) reported its Q3 and 9M FY25 earnings, highlighting significant growth and strategic milestones. The company's consolidated revenue for the quarter stood at Rs. 1,294 crore, a 53.5% year-on-year increase, boosted by store expansion. DIL successfully reached a milestone of 2,032 stores, exceeding its initial targets across all brands, with 111 net new stores added in Q3.