<p>US-based quick service restaurant chain Yum Brands Inc on Thursday reported an over two-fold jump in system sales of KFC and Pizza Hut in the Indian market.</p>.<p>System sales is a business term used in the franchising industry to assess the growth of a franchised brand and its sales. It represents the total sales of all outlets that use a brand, or that use all the franchised brands owned by one franchisor.</p>.<p>The Louisville, Kentucky-headquartered firm witnessed system sales growth of 221 per cent in the KFC business and 163 per cent for Pizza Hut in Q2 period in India, Yum Brands said in a post-earnings statement.</p>.<p>The Indian market witnessed a nationwide lockdown in the April-June quarter last year when the government had imposed strict restrictions to curb the spread of COVID-19.</p>.<p>Though the April-June quarter this year too witnessed restrictions on account of the second wave, it was not as strict as the previous one.</p>.<p>Yum Brands operates quick service restaurants globally under brands like Taco Bell, KFC and Pizza Hut.</p>.<p>The Indian business represents less than 1 per cent of both KFC's and Pizza Hut's global system sales.</p>.<p>Commenting on the results, KFC India Managing Director Samir Menon said, "The quarter ending June (Q2 2021) recorded a 221 per cent system sales growth for India and area countries. This period was marked by the severe second wave of the COVID-19 pandemic across the whole region."</p>.<p>The company's operations were affected due to localised lockdowns and restrictions on movement.</p>.<p>"We are opening up restaurants per the guidelines of the different states, and remain cautiously optimistic that the second half of 2021 will be better than the first half," Menon added.</p>
<p>US-based quick service restaurant chain Yum Brands Inc on Thursday reported an over two-fold jump in system sales of KFC and Pizza Hut in the Indian market.</p>.<p>System sales is a business term used in the franchising industry to assess the growth of a franchised brand and its sales. It represents the total sales of all outlets that use a brand, or that use all the franchised brands owned by one franchisor.</p>.<p>The Louisville, Kentucky-headquartered firm witnessed system sales growth of 221 per cent in the KFC business and 163 per cent for Pizza Hut in Q2 period in India, Yum Brands said in a post-earnings statement.</p>.<p>The Indian market witnessed a nationwide lockdown in the April-June quarter last year when the government had imposed strict restrictions to curb the spread of COVID-19.</p>.<p>Though the April-June quarter this year too witnessed restrictions on account of the second wave, it was not as strict as the previous one.</p>.<p>Yum Brands operates quick service restaurants globally under brands like Taco Bell, KFC and Pizza Hut.</p>.<p>The Indian business represents less than 1 per cent of both KFC's and Pizza Hut's global system sales.</p>.<p>Commenting on the results, KFC India Managing Director Samir Menon said, "The quarter ending June (Q2 2021) recorded a 221 per cent system sales growth for India and area countries. This period was marked by the severe second wave of the COVID-19 pandemic across the whole region."</p>.<p>The company's operations were affected due to localised lockdowns and restrictions on movement.</p>.<p>"We are opening up restaurants per the guidelines of the different states, and remain cautiously optimistic that the second half of 2021 will be better than the first half," Menon added.</p>