Sapphire Foods reports 20% revenue growth in 2QFY27
Motilal Oswal's report says Sapphire Foods' revenue grew 20% year over year in 2QFY27, in line with expectations. KFC revenue rose 26%, with same-store sales growth of 14%.
Motilal Oswal's research report said Sapphire Foods India (SAPPHIRE) posted 20% year-over-year revenue growth in 2QFY27, its highest rate in the last 12 quarters, in line with expectations. KFC revenue rose 26% year over year, while same-store sales growth (SSSG) was 14%, ahead of expectations. After adjusting for the shift in Navratr… timing, underlying SSSG was in the high-single digits.