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Friday, November 15, 2024

Sapphire Foods India

Sapphire Foods’ Q4 profit plummets 98% to INR 2.39 Cr amid sluggish demand

News
Sapphire Foods India, the company operating the Pizza Hut and KFC chains of restaurants, reported its largest profit decline since going public and missed estimates on Friday. This was attributed to inflation-weary customers cutting back on...

Barbeque-Nation struggles with a second quarter of losses as expenses rise

News
On Monday, Barbeque-Nation Hospitality announced its second consecutive quarterly loss, primarily attributed to declining demand and increasing expenses. The restaurant chain recorded a consolidated net loss of 123.7 million rupees ($1.5 million) for the three-month period concluding...

Sapphire Foods India sees 43% plunge in quarterly profit due to sluggish pizza demand, adopts cautious stance on expansion

News
Sapphire Foods India, the operator of Pizza Hut restaurants within the country, disclosed on Thursday that its quarterly profit had declined more than anticipated...

Sapphire Foods India, operator of KFC and Pizza Hut, faces Q1 profit decline; Expenses outpace revenue growth, shares drop 3.5%

News
On Wednesday, Sapphire Foods India, the company responsible for operating KFC and Pizza Hut restaurants domestically, announced a first-quarter profit that fell below expectations....

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