Devyani International is merging with Sapphire Foods to create a consolidated entity, aiming to leverage strong global brands like KFC and Pizza Hut for future growth.
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Devyani share latest news | Sapphire share latest news | Equentis Research and Ranking
EquentisApr 15, 2026
The QSR industry in India is entering a phase of consolidation, highlighted by the merger of Devyani International and Sapphire Foods, which operate KFC and Pizza Hut franchises. This merger aims to consolidate operations under one roof, addressing challenges like increased competition and moderating demand post-COVID. The combined entity is expected to be better positioned to capture growth opportunities in the long term.
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