Indian KFC operator Sapphire Foods reports wider quarterly loss
17/10/2025 08:52
Oct 17 (Reuters) - Sapphire Foods SAPI.NS, which operates KFC and Pizza Hut restaurants in India, reported a net loss that widened year on year in the second quarter, as raw material and marketing expenses rose while urban demand remained soft. The company reported a consolidated net loss of 127.7 million rupees ($1.45 million), compared to a loss of 30.4 million rupees a year ago. ($1 = 87.9230 Indian rupees) (Reporting by Ananta Agarwal in Bengaluru; Editing by Mrigank Dhaniwala) ((Ananta.agarwal@thomsonreuters.com;))
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