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KFC and Pizza Hut operator Devyani’s profit plunges 88% as ad spend jumps

Devyani International, operator of Pizza Hut and KFC in India, saw profits decline. Demand remained slow, leading to ...

KFC India operator Devyani reports lower profit as ad spending rises

Devyani International, which operates Pizza Hut and KFC restaurants in India, reported a nearly 88% slump in first-quarter profit on Wednesday, as it ramped up advertising to whip up demand that has ...