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Sapphire Foods India swung to profit in the April-June quarter, reporting 140.4 million rupees in net profit as revenue rose to about 8.91 billion rupees, helped by aggressive 99-rupee meal promotions that lifted same-store sales for both KFC and Pizza Hut. The company also posted improved margins and reiterated its ongoing merger discussions with Devyani International, with Q1 FY27 showing a strong bounce back from losses in the prior year.
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