Devyani International operator of KFC and Pizza Hut in India, reported a wider loss in Q4 due to rising costs despite a 16% revenue increase. They are adapting to consumer spending cuts with value menu options and recent acquisitions like Biryani By Kilo.

• Loss widened to 147.4M rupees in Q4.
• Expenses rose 13.5% due to ingredient & labor costs.
• Revenue increased 16% with store expansion.