Brief: Devyani Exec Says Do Not Want To Take Price Increase Given Consumption Slowdown
23/05/2025 10:59
May 23 (Reuters) - Devyani International Ltd DEVY.NS: DEVYANI EXEC: BIRYANI BUSINESS CURRENTLY LOSS MAKING, LOOKING TO TURN IT AROUND WITHIN A YEAR DEVYANI EXEC: MORE KFC STORES IN SMALLER DISTANCES HITTING GROWTH AS AVERAGE DAILY SPENDS DISTRIBUTED DEVYANI EXEC: HAVE SLOWED PIZZA HUT GROWTH, IN DISCUSSION WITH YUM BRANDS ON TURNAROUND DEVYANI EXEC: DO NOT WANT TO TAKE A PRICE INCREASE GIVEN THE CONSUMPTION SLOWDOWN Source text: [ID:] Further company coverage: DEVY.NS ((Reuters.Briefs@thomsonreuters.com;))
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