New Delhi, Feb. 5 -- Shares of Devyani International Ltd have staged a sharp rebound, rising about 15% over the past two sessions, even as the stock remains down roughly 10% so far in 2026. Investors welcomed its December-quarter (Q3FY26) results and clarity on leadership, with Manish Dawar set to be elevated as president and chief executive officer from 1 April, providing continuity at the top.

Devyani reported Q3 revenue growth of 11.3% year-on-year to Rs.1,441 crore, while Ebitda margin stood at 15.7%. Its store network continued to expand, with the total count across India and international markets rising 11.8% to 2,279.

The standout growth driver this quarter was not KFC or Pizza Hut, but the company's own brands portfolio, which i...