Devyani international is profitable at the EBIDTA level but why is PAT gone down by 99.95 percent? PAT can go down so heavily for QSR chain if depreciation costs are high and if they their interest coverage ratio is low. This means that they are expanding by acquisitions of franchise rights and increasing new stores.
Why are they expanding so much when EBIDTA margins are falling. Is it to survive the competition faced in QSR space? What impact can this have on balance sheet of the company?
Devyani international is profitable at the EBIDTA level but why is PAT gone down by 99.95 percent? PAT can go down so heavily for QSR chain if depreciation costs are high and if they their interest coverage ratio is low. This means that they are expanding by acquisitions of franchise rights and increasing new stores.
Why are they expanding so much when EBIDTA margins are falling. Is it to survive the competition faced in QSR space? What impact can this have on balance sheet of the company?
SBI i trillion net profit??