Sapphire Meals Q3 Outcomes: Web revenue elevated by 18% in December quarter, however margin declines attributable to increased price – INA NEWS

Sapphire Meals Q3 outcomes: Safire Meals, an organization that operates KFC India and Pizza Hut, has launched the outcomes of the third quarter of FY25 on 6 February right this moment. The corporate’s web revenue elevated by 18 per cent to Rs 12 crore within the October-December quarter. The determine was Rs 10 crore in the identical quarter of final 12 months. The corporate’s shares have declined by 0.47 % right this moment and this inventory is buying and selling on BSE at a worth of Rs 317.05.

The best way to be the outcomes of Sapphire Meals

Safire Meals’ income elevated by 14 per cent to ₹ 756.5 crore within the December quarter, in comparison with ₹ 665.5 crore in the identical interval final 12 months. The corporate has recorded double digit progress in all three enterprise segments- KFC India, Pizza Hut India and Sri Lanka. Ebitda elevated by 10% in the course of the quarter and elevated to ₹ 134.2 crore, in comparison with ₹ 122 crore in the identical quarter of a 12 months in the past. Nevertheless, the margin declined from 18.3% to 17.7% attributable to rising working price.

Sapphire Meals opened 54 new eating places

Sawyer Meals opened 54 eating places in the course of the quarter, together with 35 KFCs and 16 Pizza Hut retailers in India, 4 pizza huts in Sri Lanka and one Taco Bell outlet, whereas the 2 retailers within the Maldives had been closed. By 31 December 2024, Safire Meals had 963 eating places.

Consolidated restaurant Ebitda elevated by 9% yearly, whereas margin was 15.4%, which is 60 foundation factors. Consolidated PAT was ₹ 12.7 crore, whereas adjusted PAT was ₹ 19.4 crore, which reveals a margin of two.6%.

Completely different enterprise section efficiency

KFC India’s Sem-Retailer Gross sales progress (SSSG) declined by 3%, however improved in comparison with the earlier two quarters. Restaurant gross sales elevated by 12%, though the restaurant EBITDA margin yearly fell by 190 base factors to 18.2% attributable to working supply.

Pizza Hut India reported 5% SSSG, with common each day gross sales secure at ₹ 48,000. Restaurant gross sales elevated by 10% yearly, whereas the restaurant EBITDA margin elevated by 10 foundation factors to 4.7%, which bought help from extra advertising and marketing investments.

Sri Lanka’s enterprise recorded a powerful efficiency within the native foreign money with a 14% enhance within the bean-store gross sales. The restaurant Ebitda margin elevated to 17.8% with a rise of 360 foundation factors, whereas the native foreign money elevated by 15% and Rs 30% within the rupee.