Latest news with #DIL
Business Recorder
24-05-2025
- Automotive
- Business Recorder
IMC signs MoU with DIL
KARACHI: The Indus Motor Company (IMC) has signed a Memorandum of Understanding (MoU) with Development in Literacy (DIL), marking a significant milestone in its commitment to community development through education. This collaboration is a part of IMC's flagship Corporate Social Responsibility (CSR) initiative, 'Concern Beyond Cars,' which focuses on creating long-term impact beyond the automotive sector. Under this partnership, the IMC has adopted DIL's Malir Campus in Karachi, aiming to uplift the learning environment for over 600 students by enhancing access to quality education, modern infrastructure, and digital resources. The initiative will also work toward building a sustainable alumni network, empowering students well beyond their school years. Ali Asghar Jamali, CEO of Indus Motor Company, emphasized the transformative potential of education: 'Education is the most powerful investment we can make in the future of our nation. At IMC, we believe that every child — regardless of background — deserves access to learning opportunities that unlock their full potential. Our partnership with DIL reflects our vision of an empowered, self-sustaining Pakistan.' This initiative contributes to IMC's strategic commitment to significantly increase its education sector investment in 2025, with a focus on long-term, scalable impact. Jamali further added, 'Our efforts under 'Concern Beyond Cars' are not new. We are proud of our longstanding educational partnerships with organizations like The Citizens Foundation (through the Toyota Goth Education Programme), Deaf Reach for inclusive education, and Markhor, which develops leadership skills among youth. Each of these efforts is a step towards building a more educated and resilient society.' The Concern Beyond Cars programme reflects Toyota's global ethos of using business as a force for good — by uplifting communities, supporting education, promoting sustainability, and shaping a better tomorrow. Copyright Business Recorder, 2025
Business Standard
23-05-2025
- Business
- Business Standard
Devyani Intl Q4 net loss widens to Rs 15 cr
Devyani International reported consolidated net loss widened to Rs 14.74 crore in Q4 FY25 as against a net loss of Rs 7.47 crore reported in Q4 FY24. However, revenue from operations increased 15.80% year-over-year to Rs 1,212.59 crore in the March 2025 quarter. Loss before tax was Rs 22.35 crore in Q4 FY25, compared to a loss of Rs 37.99 crore in the same period a year ago. Total expenses rose by 13.50% to Rs 1,247.90 crore in Q4 FY25, compared with Rs 1,099.40 crore in Q4 FY24, due to higher cost of materials consumed (up 18.38% YoY), higher employee benefits expense (up 10.36% YoY), and higher other expenses (up 15.58% YoY). EBITDA declined by 13.39% YoY to Rs 173.9 crore. The EBITDA margin remained flat at 16.6% in Q4 FY25, compared to the same period last year. On a full-year basis, the company's consolidated net profit tumbled 80.63% to Rs 9.21 crore on a 39.21% increase in revenue from operations to Rs 4,951.05 crore in FY25 over FY24. The company stated that it opened 257 net new stores in FY25, compared to 539 net new stores in FY24. The FY24 figure includes 283 Thailand KFC stores acquired on 18 January 2024. Ravi Jaipuria, non-executive chairman of Devyani International, said, We are pleased to report that DIL continues to demonstrate strong momentum in its growth journey both organically and through strategic acquisitions. During FY2025, DIL reported consolidated revenue of Rs 4,951 crore, registering a robust 39.2% YoY growth. This performance was primarily driven by the strategic acquisition of KFC stores in Thailand and supported by ongoing store expansion in India. The companys EBITDA margin stood at 17%, while absolute EBITDA increased by 29.1% over FY24. Most recently, we announced the acquisition of Sky Gate Hospitality (owners of Biryani By Kilo & other brands) marking our entry into another high-potential food category. This acquisition further strengthens our overall brand portfolio and deepens our well laid out strategy. During the year, we also tied up with three international brands i.e. New York Fries, Tealive, and Sanook Kitchen. We are proud to share that we have recently opened the first NYF (New York Fries) store in Mumbai. This marks the beginning of our expansion with the new brands, with several more stores coming in the current year. Our store expansion strategy has been instrumental in driving growth and reinforcing our market leadership. By following a balanced approach of scaling our footprint while maintaining rigorous store level performance standards, we successfully added 257 net new stores during FY25, taking our total Q4 & FY25 (Consolidated) DIL remains committed to its Strategic Growth Plan: - Plan to complete acquisition of controlling stake in Sky Gate shortly - Added 257 new stores in FY 2025. The total store count stands at 2,039, consolidated revenue at Rs 49.5 billion, growth of 39.2% vs FY24 - PBT at Rs 12.8 crs in FY25 vs Rs 3.7 crs in FY24, growth of 248% presence to 2,039 stores as of March 31, 2025. We have achieved our store rollout targets across all brands, reflecting disciplined execution and strong operational capabilities. As one of the leading players in the Indian QSR sector, we are well-positioned to capitalize on the anticipated recovery in the industry. Overall, we remain confident in our strategy, execution capabilities, and ability to deliver consistent growth. Our focus will remain on scaling profitably, strengthening both our core and emerging brands, and creating long-term value for all stakeholders. Devyani International (DIL), among the fastest growing Chain Quick Service Restaurant (QSR) operators in the country, is the largest franchisee for Yum Brands (KFC & Pizza Hut) in India. The Company is also the sole franchisee for Costa Coffee Brand and stores in India. In addition, DIL caters to the South Indian vegetarian food lovers with Vaango, launched over a decade ago and is a prominent Brand in the Food Retail Business (FRB) category with its Food Courts. DIL has a strong presence across Airports in India where it serves a variety of F&B offerings. The counter rose 0.14% to Rs 180.95 on the BSE.
Irish Independent
13-05-2025
- Health
- Irish Independent
See photos as Darkness into Light events shine bright across Kerry
The events, which took place right across the county from Caherdaniel to Glenbeigh and from Tralee to Castleisland, to name but a few, hundreds of participants, all of whom dragged themselves from their warm beds in the pre-dawn hours to walk together in a powerful display of hope and unity. Over the years, the annual DIL walks have become a popular tradition across Ireland and beyond, Darkness Into Light is organised by Pieta, the mental health charity that provides vital support to people in suicidal distress or who are engaging in self-harm. As is tradition, this year's walks around the county began at 4:15am, symbolising the journey from darkness into light and offering a message that no one is ever alone. At all the locations here in Kerry, the spirit of community was palpable with local volunteers out in force, working tirelessly to co-ordinate safe and welcoming events for all involved. The walks were once again a sea of yellow with participants donning the now famous yellow t-shirts that have become synonymous with the event. Pieta expressed their sincere gratitude to all who took part or donated with all of the funds raised from the events set to go towards supporting the charity's free, 24/7 counselling services. Organisers of Kerry events recorded high turnouts, highlighted the importance of continuing conversations around mental health. For those who missed the walk but still wish to support Pieta's work, donations remain open on the Darkness Into Light website.
Irish Independent
13-05-2025
- Health
- Irish Independent
Darkness into Light events shine bright across Kerry
The events, which took place right across the county from Caherdaniel to Glenbeigh and from Tralee to Castleisland, to name but a few, hundreds of participants, all of whom dragged themselves from their warm beds in the pre-dawn hours to walk together in a powerful display of hope and unity. Over the years, the annual DIL walks have become a popular tradition across Ireland and beyond, Darkness Into Light is organised by Pieta, the mental health charity that provides vital support to people in suicidal distress or who are engaging in self-harm. As is tradition, this year's walks around the county began at 4:15am, symbolising the journey from darkness into light and offering a message that no one is ever alone. At all the locations here in Kerry, the spirit of community was palpable with local volunteers out in force, working tirelessly to co-ordinate safe and welcoming events for all involved. The walks were once again a sea of yellow with participants donning the now famous yellow t-shirts that have become synonymous with the event. Pieta expressed their sincere gratitude to all who took part or donated with all of the funds raised from the events set to go towards supporting the charity's free, 24/7 counselling services. Organisers of Kerry events recorded high turnouts, highlighted the importance of continuing conversations around mental health.
Irish Independent
08-05-2025
- Health
- Irish Independent
Clare woman to walk London's Darkness Into Light in memory of her late cousin – ‘I'm so glad to get to talk about him now, he loved the spotlight'
Eimhear Hodgins, an expat who will be walking in London's Clapham Common DIL event, first started taking part back in 2013. Her purpose for walking changed significantly, however, when she lost her cousin to suicide in 2023. '2013 was the first year I took part in the walk and I did it nearly every year from then until Covid in Ennis,' Eimhear said, 'My parents encouraged me to support the cause. It's something unique to do and obviously it's a great cause to support. Then in 2023 my cousin died by suicide so it kind of added another layer to why we were supporting it and why we do the walk. After he died, I did the walk with my family and then I did it for the first time in London last year, and I'm doing it in London this year as well.' 'The walk is really nice, it kind of makes you remember your loved one and think about them,' Eimhear continued. 'Before Paudy died it was just something nice to do, I was just doing it to support the cause but now it's like I get that morning and that time where I can remember him.' As much as Eimhear had been exposed to mental health services and talking about suicide through things like DIL, she explained that it's really never something you expect to happen to your family. 'My cousin's name was Paudy Byrne and he grew up and lived in Dundalk in Louth,' Eimhear said. 'There was 12 of us cousins and he was the eldest, 16 years older than me, but we were always such great friends because our birthdays are two days apart. He had a really difficult childhood – he had brain cancer and really shouldn't have lived through what he did get through. I think it changes you or alters your brain in a way, to go through as much as he did and have as many surgeries as he did. Everyone tried their best, you know, he had a wonderful family, but it was really tough.' 'Despite all the hardship he had been through, Paudy got through school and went to a college for a while and he was actually working as a motivational speaker,' the Clare woman continued. 'He was working with charities that deal with childhood and teenage cancer as well. He had moved out and was living in assisted living and had gotten a dog, you know, all the big steps you would make out on your own. Then in January 2023, he sadly passed away.' 'It was honestly so shocking,' Eimhear explained. 'The crazy thing is that you just don't think you're gonna go through it at all, especially with a family member. Especially him. It was just so heartbreakingly devastating. He was always such a great friend to me, and I really miss him. I'm actually so glad to get to talk about him now and to get his name out there. He would love the attention. He used to do musicals and shows when he was younger as well, he loved the attention and the spotlight.' Eimhear said the most difficult part of Paudy's death was trying to understand how he could get through his health difficulties and then die by suicide. 'That was what no one could really understand, like he literally should have died when he was 15 years old, and he fought so hard for so many years,' Eimhear said. 'Paudy was so strong for so long to get through all the physical pain, the only way I feel like I could understand it was that with everything that happened, his brain must have been altered, like, he wasn't himself anymore. The Paudy in my head wouldn't have done that. I don't know whether it was because he had been through so much and his family had gone through so much with him, maybe that's why he felt like he couldn't ask again for help. I know that death and grief is so horrible and traumatising anyway, but I feel like with suicide it's just the next level. I think it's because you feel like it could have been prevented.' For the second year in a row, Eimhear will bring a small picture of Paudy with her on the Clapham Commons DIL walk. 'It means a lot more now when you see groups of people doing the walk,' Eimhear said. 'Obviously, most people there wouldn't have a clue that I've had that personal experience, but they're still just there supporting the cause anyway. And the same goes for me that obviously everyone else there, I don't know their stories, and I don't know why they're doing it, but it just feels like you're all kind of unified.' 'I didn't know what to expect last year doing DIL in England, but I think possibly everyone there was Irish, I actually met one of my brother's friends,' Eimhear laughed. 'I've explained the concept to a lot of my English friends, and I actually brought some of them last year and I'm hoping to get them doing it this year but they had never heard of it really. It's very different from doing the walk at home but it's really nice. People stayed afterwards and had some coffees and they had music and different things going on… It was kind of nice to not know everyone that was walking as well, which made it different from home. There were people arriving on their own and it was really nice to see the Irish thing of people being welcomed into groups that they didn't know and chatting away. It's like you get a little taste of home, which is always nice when you're abroad, especially because it's like an Irish community that is doing it.' Darkness Into Light takes place on May 10 from 4.15am in countries worldwide, with proceeds aiding Pieta House.
