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543397 Sapphire Foods India News Story

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KFC India operator Sapphire Foods swings to quarterly loss

April 28 (Reuters) - Sapphire Foods SAPI.NS, the Indian operator of KFC and Pizza Hut chains, swung to a consolidated loss in the fourth quarter.

The franchisee for U.S.-based Yum Brands YUM.N reported a consolidated net loss of 126.1 million rupees ($1.33 million) for the March quarter, versus a profit of 17.9 million rupees a year earlier.

($1 = 94.5213 Indian rupees)

(Reporting by Urvi Dugar in Bengaluru; Editing by Sherry Jacob-Phillips)

((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))

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