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KFC, Pizza Hut operator Sapphire Foods swings to loss in Q2 FY27

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KFC, Pizza Hut operator Sapphire Foods swings to loss in Q2 FY27

KFC, Pizza Hut operator Sapphire Foods swings to loss in Q2 FY27

Sapphire Foods India Limited, which operates KFC and Pizza Hut restaurants in India and Sri Lanka, on Thursday swung into a net loss of Rs 1.1 crore in the second quarter of FY27 from a profit of Rs 14.2 crore in the previous quarter (Q1 FY27).

Mumbai, Sapphire Foods India Limited, which operates KFC and Pizza Hut restaurants in India and Sri Lanka, on Thursday swung into a net loss of Rs 1.1 crore in the second quarter of FY27 from a profit of Rs 14.2 crore in the previous quarter (Q1 FY27). On a year-on-year (YoY) basis, however, the company reduced its losses from Rs 12.8 crore reported in the corresponding quarter of the previous fiscal (Q2 FY26), according to an exchange filing. Revenue from operations increased 19.7 per cent to Rs 888 crore in the September quarter from Rs 742 crore a year ago, driven by strong performance in its KFC business and improving momentum at Pizza Hut. Advt

5 per cent year-on-year to Rs 126 crore from Rs 102 crore in the same period last year. 7 per cent, as per its regulatory filing. Sapphire Foods continued to expand its store network during the quarter, adding 15 KFC restaurants and one Pizza Hut outlet in Sri Lanka. The company's total restaurant count stood at 1,086 as of September 30, 2026. The KFC business delivered its strongest quarterly performance in recent years, recording revenue growth of 26 per cent, the highest in the last 16 quarters.


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