Corporate

Westlife Foodworld Q1 Net Profit Down 63% to ₹1.22 Cr, Sales at ₹653 Cr

The company had posted a consolidated net profit of ₹3.25 crore in the April-June quarter a year ago, according to a regulatory filing from Westlife Foodworld

Westlife
Westlife Foodworld, operator of McDonald's Photo: Westlife
info_icon

Westlife Foodworld, operator of McDonald's restaurants in West and South India, on Wednesday reported a decline of 62.5% in its consolidated net profit to ₹1.22 crore in the June quarter.

The company had posted a consolidated net profit of ₹3.25 crore in the April-June quarter a year ago, according to a regulatory filing from Westlife Foodworld.

However, its sale rose 6.45% to ₹653.25 crore in the June quarter of FY26. In the year-ago period, the same stood at ₹613.64 crore.

"The company delivered Same-Store Sales Growth (SSSG) of 0.5%, marking the third consecutive quarter of positive momentum, driven by stable guest counts and average check," Westlife Foodworld said in its earnings statement.

Total expenses of Westlife Foodworld in the June quarter climbed 7.43% to ₹662.78 crore.

In the June quarter, on-premise sales grew by 8% Year-on-Year (YoY), contributing 59% to total sales, while Off-Premise sales increased by 4% YoY.

"Off-Premise business salience at 41% remains in line with last 3-year average, reinforcing the strength and relevance of the company's robust omni-channel presence," it said, adding that "digital sales contribution reached 75%, growing by over 500 bps YoY driven by mobile apps and self-ordering kiosks." The company's total income, which includes other incomes, increased 7% to ₹664.44 crore in the June quarter In the June quarter, Westlife Foodworld added nine new restaurants, expanding its footprint to 444 restaurants across 71 cities. It also achieved a milestone of crossing the 100 Drive-Thrus mark.

"It currently operates 106 Drive-Thrus, which constitute approximately 24₹ of total restaurants," it said.

In a separate filing, Westlife Foodworld informed that its board in a meeting held on Wednesday approved an interim dividend of 75 paise per equity share of face value of ₹2 each for FY26.

This is on the basis of the financial performance by the company in the June quarter.

On the outlook, Chairperson Amit Jatia said: "As India's consumption story continues to evolve, we see significant opportunity in both existing and emerging markets." "Our Vision 2027 framework is designed to capitalise on these structural growth drivers. We believe that our three key strategic priorities of daypart leadership, omnichannel integration, and network expansion will not only enhance shareholder value but also redefine the QSR experience for consumers," Jatia added.

Shares of Westlife Foodworld Ltd on Wednesday settled at ₹776.50 apiece on the BSE, up 2.11% from the previous close. 

Published At:
×