DEVYANI INTERNATIONAL Q2 FY27: MAINTAINS 200–220 NEW STORE GUIDANCE; EBITDA UP 18% YOY, 70 NET STORES ADDED & CCI APPROVES MERGER

• FY27 Store Expansion Guidance: Management maintains its target of 200–220 net new stores during FY27, focusing on profitable locations and disciplined expansion • Quarterly Results: Revenue increased 10.4% YoY but declined 3.9% QoQ to ₹1,519.4 Cr, while EBITDA grew 17.7% YoY but declined 10.3% QoQ to ₹228.6 Cr • Profitability: PAT turned positive at ₹3.5 Cr versus loss of ₹23.9 Cr YoY, but declined 79.5% QoQ; PBT stood at ₹5.7 Cr versus loss of ₹26.8 Cr YoY • Operating EBITDA: Increased 33.9% YoY to ₹125.1 Cr, supported by improved same-store sales and cost management • Margin Performance: Consolidated EBITDA margin improved to 15% from 14.1% YoY but declined from 16.1% QoQ • Store Network Expansion: Added 70 net stores during Q2, including 68 in India, taking the total network to 2,325 stores globally and 1,923 in India • KFC Expansion: Added 50 net KFC stores in India during Q2, increasing the total to 844 stores • KFC Business Growth: Revenue increased 12.3% YoY to ₹642.4 Cr, while same-store sales growth improved to 4.4% from 3.3% in Q1 • Pizza Hut Performance: Revenue declined 1.3% YoY to ₹183.6 Cr, while same-store sales declined 1.4%, improving from a 2.2% decline in Q1 • Other Brands Growth: Costa Coffee recorded 9.9% same-store sales growth, Biryani By Kilo 8.1% and Vaango 6.9% • Merger Update: Company received CCI approval for the proposed merger, with management expecting remaining approvals in line with its original plans • Customer Acquisition Strategy: KFC's ₹99 Krisper Meal is being used to attract new customers, while Pizza Hut introduced its Triple Spice range to strengthen value offerings • Demand Outlook: Management expects discretionary spending to remain under pressure due to food inflation, higher interest rates and strained household budgets • Margin Improvement Plans: Focused on tighter cost control, better same-store sales, value pricing, improved customer traffic and stronger dine-in transactions • H1 Performance: Revenue increased 13.4% YoY to ₹3,099.9 Cr, while EBITDA grew 21.1% to ₹483.4 Cr; PBT turned positive at ₹28.6 Cr versus loss of ₹23.8 Cr YoY • Future Growth Plans: Prioritising KFC-led store expansion, improving Pizza Hut performance, scaling owned brands and increasing restaurant productivity • FY27 Capex Guidance: Management reiterated store addition targets but did not disclose a specific fresh FY27 capex budget or EBITDA margin target

DEVYANI INTERNATIONAL LTD

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