AFAIK, the health benefits come from the fasting ie
not putting food into the stomach over an extended period - 16 hrs or more.
You would need to cycle a lo-o-ng way to burn 1000 calories too ... probably more than 3hrs riding.
What you describe after your ride on Saturday sounds like a classic 'bonk' - running out of energy - which is restored very quickly by taking in some food.
It's a balance between reducing food consumption, enough exercise, not too much exercise (maybe the right kind ? gentle, not flat out ??), reduced food intake ...
I really should get the book from Mrs Scoosh and read it all myself !