5433302025-04-012025-06-305433302025-04-012025-06-30in-capmkt:OtherExpenses1Member5433302025-04-012025-06-30in-capmkt:OtherExpenses2Member5433302025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15433302025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares543330DEVYANINOTLISTEDINE872J01023Devyani International LimitedMain BoardEquity2025-04-012026-03-312025-08-132025-08-06INRMillionsQuarterlyFirst quarterSingle segmentFood and Beverages2025-08-1311:00:002025-08-1312:15:00Not applicable2025-04-012025-06-30UnauditedConsolidated1356969000013506000013704750000430930000084200000201092000066779000014967500005180790000136739700003078000003078000076720000-715500005170000025610000-19400000-1940000-13900002228000029624000031852000036880000-14600000188940000129580000123194000010.030.03000.030.03Notes to consolidated and standalone financial results for the quarter ended 30 June 2025 <BR> (INR in million, except for share data and if otherwise stated) <BR> 1.In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, as amended, these consolidated and standalone financial results (financial results) for the quarter ended 30 June 2025 have been reviewed and recommended for approval by the Audit, Risk Management and Ethics Committee and accordingly have been approved by the Board of Directors of Devyani International Limited (DIL or the Company) at their respective meetings held on 13 August 2025. The joint statutory auditors have conducted limited review of the financial results. <BR> <BR> 2.The figures for the quarter ended 31 March 2025 are the balancing figures between the audited figures for the year ended 31 March 2025 and the unaudited figures for the nine months ended 31 December 2024 which were subjected to a limited review by the joint statutory auditors. <BR> <BR> 3.These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013 (read with SEBI Circular CIR/CFD/FAC/62/2016 dated 05 July 2016) and other recognised accounting practices and policies. <BR> <BR> 4.During the current quarter 1952500 equity shares, having face value of INR 1/- each, were allotted to employees in pursuant of 70000 option exercised in previous quarter and 1882500 in current quarter under the Employees Stock Option Scheme 2021 of the Company. <BR> <BR> 5A.On 10 June 2025, the Company acquired 80.72% equity stake (on a fully diluted basis) in Sky Gate Hospitality Private Limited (Sky Gate), excluding the business of Krazy Kebab Co. and its investment in Peanutbutter and Jelly Private Limited (Peanutbutter), for a total consideration of INR 4196.00 Million. The acquisition was executed through a preferential issue of equity shares of the Company. Hence Sky Gate and three subsidiaries became subsidiaries of the Company w.e.f. June 10 2025. <BR> The acquisition has been accounted using the acquisition method of accounting as per Ind AS 103 – Business Combinations using provisional values of the assets and liabilities acquired. <BR> Additionally as the businesses under brands Krazy Kebab Co. and Peanutbutter are held with an intention to sell and hence related financial performance has been presented as discontinuing operations in consolidated financial results. <BR> <BR> 5B.Subsequently the Company entered agreements on 23 June 2025 for additional investments in Sky Gate through (a) purchase of equity shares from the promoters/ promoters group and (b) subscription to equity shares of Sky Gate. <BR> As at 30 June 2025 the Company completed the purchase of equity shares from the promoters/ promoters group increasing its equity stake to 84.34% on a fully diluted basis. Additionally, the Company remitted the application money for subscription of additional equity shares which were allotted subsequent to the current quarter. Upon allotment the Companys equity stake has increased to 86.13% on a fully diluted basis. <BR> <BR> 6.Subsequent to the current quarter Sky Gate has acquired remaining minorities stakes in its subsidiaries i.e. Blackvelvet Hospitality Private Limited and Say Chefs Eatery Private Limited making them wholly-owned subsidiaries of Sky Gate. <BR> <BR> 7.The Group operates in single reportable business segment food and beverages in terms of Ind AS 108- Segment Reporting.Foreign exchange (gain)/loss (net)-11650000Other Expenses5192440000Remeasurements of defined benefit plan676000067600001280000Exchange differences on translation of foreign operations2907600002907600000296240000