Sula Vineyards Reports Record Q1 Net Revenue
The results highlight strong performance across its Brands despite challenges faced in wine consumption and tourism due to several dry days and…
Yum Brands Reports Digital Sales of $17 bn in 2020, Up by 45% YoY
Despite the blow of pandemic restrictions in 2020, Yum Brands’ earnings for the year topped analysts’ estimates.
Jubilant FoodWorks' operating revenue rises by 14% in Q3 FY20
A total of 47 stores were opened during the quarter, 44 for Domino’s Pizza, 2 for Dunkin’ Donuts and 1 for Hong’s Kitchen.
[Funding alert] Zomato secures $150 mn at a valuation of $3 bn
With the latest fundraise, the food delivery platform has received $840 million in funding to date.
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Beer Cafe crosses Rs 100-crore sales mark in FY19
Beer Cafe’s per square feet revenue at Rs 19,000 is higher than most restaurants, helping them make a profit at store level despite high taxes and…
On-demand logistics firm Shadowfax enters the cloud kitchen biz
Shadowfax has started the cloud kitchen with Pune.
Rebel Foods' revenue for FY2018-19 doubled to Rs 310.37 cr
The company reported a net loss of Rs 130.64 crore for the year ended March 31, 2019, up from a net loss of Rs 74.44 crore in fiscal 2018.
Varun Beverages posts 84% jump in Q2 net profit
The company has been associated with PepsiCo for more than 27 years, accounting for 80% of the US firm's beverage sales volume in India.
Pernod Ricard's India revenue jumps 27% in FY19
In the year-to-March 2019, the world's second largest distiller had gross sales of 20,335 crore.
Zomato expecting Tier III & IV cities to contribute 50% of monthly order volume by March 2020
Currently, the food ordering platform is present in 556 cities and towns in the country.
Burger King India posts 66% jump in sales in FY19
India has been the fastest growing market for Burger King in terms of store expansion.
Biryani By Kilo eyes to double revenue by next year
The brand aims to achieve this target by exporting the famous ‘handi’ biryani to the United Arab Emirates and the UK.
Zomato posts 3-fold jump in revenue to $205 mn from last year
Foodtech unicorn has also reduced its burn rate by about 40% in the first six months of the current financial year.
Yum! Brands posts system sales growth in India in June quarter
This is the eleventh consecutive quarter of positive system sales growth for KFC and Pizza Hut brands in the country.
Tata Starbucks expands sales by 30% in FY19 on back of outlet additions
Started operations in India in October 2012, Starbucks recorded the fastest store expansion in the company’s history in the initial few years.
Barista ties up with PR agency Saints Art
The chain of espresso bars has more than 200 Barista Cafe and Barista Express Kiosks across the country.
Manpasand Beverages Q1 profit rises 1.3% at Rs 36.38 cr
Revenue for the quarter under review stood at Rs 340.07 crore, an increase of 9.24 percent as compared to Rs 311.30 crore it posted during the corresponding quarter of previous fiscal.
Swiggy seeks investors attention to raise up to $500 mn Fund
Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.
Jubilant FoodWorks raises threefold Q1 net profit to Rs 74.67 cr
The growth was on the back of a strong same-store-growth of 25.9% in Domino’s Pizza, the company said during its earnings announcement.
Uber Eats records 50 percent growth in India
It has more than doubled in terms of the number of orders in the last three months, the company said in a statement.
CDR Chain 'Barbeque Nation' outperforms CDR segment with strong growth
Barbeque Nation has added 64 restaurants, crossing the 100th milestone recently, with a launch at Dimapur in Nagaland In the last four years.
Ananda To Open 150 outlets in Kanpur, Invest Rs 10 cr for expansion
In addition to its six already present in the city, Ananda has revealed two company owned company operated (COCO) stores.