Quote on Sapphire Foods India - IPO By Mr. Amarjeet Maurya, Angel One Ltd
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Below is quote on Sapphire Foods India - IPO By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel One Ltd
Sapphire Foods India is YUM brand's largest franchise operator in the Indian subcontinent in terms of revenue as of FY20. It is also Sri Lanka's largest international QSR chain in terms of revenue for FY21 and the number of restaurants operated as of March 31, 2021. As of June 31, 2021, they owned and operated 209 KFC restaurants in India and the Maldives, 239 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and 2 Taco Bell restaurants in Sri Lanka. Their total number of restaurants in the Territories grew from 376 restaurants as of March 31, 2019 to 450 restaurants as of June 30, 2021.
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