Devyani International narrows Q2 loss to Rs 24 lakh
In short
Devyani International reported a much smaller quarterly loss of ₹24 lakh, compared with ₹21.89 crore a year earlier. The company also said revenue rose 10.6%.
This matters because the restaurant franchise operator is moving closer to break-even. The report does not give the full revenue number or say what drove the improvement.
What the reporting says
Devyani International said its consolidated net loss narrowed to ₹24 lakh in the quarter, compared with a loss of ₹21.89 crore a year ago. The publisher summary also says revenue rose 10.6%, but the available reporting does not provide the full revenue figure or explain the drivers. The immediate effect is a better quarterly result for the Yum Brands franchisee, though the business is still near breakeven.
Why it matters
Devyani International, a franchisee of US-based Yum Brands, reported a sharp reduction in consolidated net loss to ₹24 lakh from ₹21.89 crore a year ago, while the publisher summary says revenue increased 10.6%. The source does not provide the full revenue figure or operating details, so the main takeaway is improved quarterly performance, not a confirmed turnaround.