Q3 Result
Devyani shares jump 9% despite Q3 loss, hit three-week high
Mumbai/IBNS: Shares of Devyani International surged up to 9 per cent on Thursday despite the company reporting a loss in the third-quarter earnings, media reports said.
The stock climbed to a three-week high of Rs 133.84 during intraday trade.
On February 4, Devyani International reported a net loss of Rs 10.39 crore for the third quarter of FY26, compared to a loss of Rs 49.20 lakh in the corresponding quarter of the previous fiscal year.
However, the loss narrowed from Rs 21.9 crore reported in the second quarter of FY26, indicating an improvement in the company’s financial performance.
Meanwhile, shares of Sapphire Foods also jumped around 6 per cent following news of its merger with Devyani International.
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