Shares of Sapphire Foods India recovered from the lows of the day to trade with gains, after reporting their earnings for the second quarter on Thursday, October 22.
The KFC and Pizza Hut operator’s net loss contracted to ₹1.5 crore in the September quarter from a net loss of ₹12.8 crore in the same period last year.
Its revenue increased by 20% during the quarter to ₹888 crore from ₹742 crore in the previous fiscal.
The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) increased 24% to ₹126 crore in the second quarter from ₹102 crore in the previous year.
EBITDA margin expanded to 14.2% as well from 13.8% in the year-ago period.
Sapphire Foods, in its investor presentation, said it has delivered the best quarter of revenue growth and adjusted EBITDA growth in the last 16 quarters. It said the Sapphire KFC same store sales growth (SSSG) stood at 14% while Sapphire Pizza Hut India’s SSSG was at 5%.
The company added 15 KFC restaurants, and one Pizza Hut in Sri Lanka, taking Sapphire Foods’ total restaurant count to 1,086 as on September 30, 2026.
Shares of Sapphire Foods gained 2% to hit an intraday high of ₹196.8 apiece after the second quarter earnings. The stock later pared its gains and was trading 0.7% up at ₹194.4 apiece.
The stock has fallen 18.5% in the past month, has gained 9.5% in the last six months, and has declined 26.4% in 2026, so far.
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