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Pizza Hut India operator posts rise in quarterly profit

Pizza Hut India operator posts rise in quarterly profit

- Devyani International DEVY.NS , the operator of KFC and Pizza Hut outlets in India posted a near four-fold increase in quarterly profit on Wednesday helped by stronger sales.

The company, a franchisee of U.S.-based Yum Brands, said consolidated net profit rose to 146.5 million rupees ($1.53 million) compared to 36.8 million rupees a year ago.


($1 = 95.7100 Indian rupees)


(Reporting by Mridula Kumar in Bengaluru; Editing by Nivedita Bhattacharjee)

((mridula.kumar@thomsonreuters.com))

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