Costa Coffee has expanded its availability of both hot and cold coffee offerings to select PVR Inox properties, parent company Devyanti International informed the stock exchanges on Wednesday, October 4.

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The company's stock has seen losses in five out of the last six trade sessions and nine out of the last 12 trade sessions. Despite this, it has shown a significant increase of 48.1 percent in the past six months and a 20.4 percent increase in value this year.

Devyani International specialises in the development, management, and operation of quick-service restaurants and food courts for renowned brands such as Pizza Hut, KFC, Costa Coffee, and Vaango.

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In the first quarter of this fiscal year, the company reported a consolidated loss of Rs 1.59 crore for the June quarter, a notable contrast to the Rs 74.8 crore profit in the same period last year.

The total revenue for the first quarter stood at Rs 846.6 crore, marking a 20 percent increase from the previous year's Rs 704.7 crore.

Sequentially, the company recorded its earnings before interest, tax, depreciation, and amortization (EBITDA) at Rs 173 crore, and its EBITDA margin showed growth, increasing by 50 basis points to 20.5 percent.

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