While yearly revenue jumped by 16.4% to Rs 4,539.31 crore, the company experienced a decline on a quarterly basis. Profit fell by 34.3% and revenue dropped by nearly 22% compared to the previous quarter.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others