MUMBAI/BENGALURU, Aug. 14 -- It was a mixed first quarter for Indian quick service restaurants as headwinds such as the LPG crisis and raw material price increases weighed heavily on the sector in the April-June period even as some companies did better in terms of same store sales growth (SSSG), higher customer traffic and value offerings.

Yet, a sense of optimism prevails, with companies anticipating a stronger recovery during the upcoming festival season.

After three consecutive loss-making quarters in the previous fiscal year, Devyani International, which operates KFC, Pizza Hut and Costa Coffee, reported a net profit of Rs.17.1 crore in Q1 compared with Rs.2.2 crore a year earlier.

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