business
KFC India operator Sapphire swings to quarterly profit as discounts lift demand
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Sapphire Foods India, which operates KFC and Pizza Hut outlets, reported a net profit of ₹14.04 crore for Q1 2026-27, reversing a ₹1.8 crore loss year earlier.
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KFC India operator Sapphire swings to quarterly profit as discounts lift demand
Sapphire Foods India, the operator of KFC and Pizza Hut in the country, posted a consolidated net profit of ₹14.04 crore for the April-June quarter of 2026-27. This marks a sharp recovery from a net loss of ₹1.8 crore in the same period last year. The company attributed the turnaround to aggressive discounting on popular meals, including the KFC Krisper, which helped attract more customers. Shares of Sapphire Foods rose nearly 2% following the announcement. The fast-food chain’s strategy focused on value-driven offers to sustain demand amid rising operational costs.
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