Devyani International reports growth driven by strategic acquisition

Devyani International reported consolidated net profit of INR 22 million for Q1 FY26, with total income reaching INR 13,705 million, an 11.1% year-on-year increase.

Growth was significantly driven by the acquisition of an 80.72% equity stake in Sky Gate Hospitality Private Limited in June 2025, later increased to 86.13% with an additional investment of approximately INR 103 crore.

Sky Gate Hospitality's 105 outlets expanded Devyani's store footprint to 2,145. The company's international business also grew 11.2% year-on-year.