Devyani International reported a net loss of Rs 4.92 crore in Q2FY25, despite a 49% YoY revenue growth to Rs 1,222 crore. EBITDA margin declined to 16.3% from 18.3%. The company added 85 new stores and secured exclusive master franchise rights for three modern QSR brands: TeaLive, New York Fries, and Sanook Kitchen.
US stocks: US market falls as higher oil prices, Treasury yields weigh
US stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncertainty surrounding a potential