KFC, Pizza Hut operator Sapphire Foods Q4FY23 profit jumps 411%

Sapphire Foods, which operates KFC and Pizza Hut restaurants in India, has posted a profit jump of 411.2% to ₹135.48 crore in the fourth quarter of FY23. The company posted revenue from operations at ₹560.41 crore, marking an increase of over 12% from ₹496.83 crore revenue reported in the fourth quarter of FY22. The company EBITDA stood at ₹98.2 crore.