KFC India operator Sapphire misses revenue estimates on sluggish demand

Sapphire Foods India

07/05/2025 09:35

May 7 (Reuters) - Sapphire Foods India SAPI.NS, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly revenue that missed estimates on Wednesday, as demand failed to pick up despite discounts.

The restaurant operator posted revenue from operations of 7.11 billion rupees ($83.98 million) for the fourth-quarter ended March 31, compared to 6.32 billion rupees a year earlier, according to a regulatory filing.

Analysts had expected 7.14 billion rupees, according to data compiled by LSEG.

($1 = 84.6600 Indian rupees)

 (Reporting by Praveen Paramasivam in Chennai and Ananta Agarwal in Bengaluru)

 ((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))