Pizza Hut India operator rises on first-quarter profit surge

Devyani International

29/07/2026 08:03

** Shares of Devyani International DEVY.NS rise 7.9% to 122.70 rupees
** Stock set for its best day since June 2025, if gains hold 
** The operator of Pizza Hut and KFC India says its first-quarter profit nearly quadruples to 146.5 million rupees ($1.5 million)
** Strong sales boost profit, with revenue up 16.5% Y/Y
** Avg rating of 23 analysts on stock at "buy"; median PT is 155 rupees - LSEG-compiled data
** Stock down ~17.2%, YTD



($1 = 95.7000 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))