Westlife Foodworld Q1 net profit down 63% to Rs 1.22 cr, sales at Rs 653 cr

author-image
NewsDrum Desk
Updated On
New Update
McDonald's Coke Fries Junk Food

Representative image

New Delhi: Westlife Foodworld, operator of McDonald's restaurants in West and South India, on Wednesday reported a decline of 62.5 per cent in its consolidated net profit to Rs 1.22 crore in the June quarter.

The company had posted a consolidated net profit of Rs 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 per cent to Rs 653.25 crore in the June quarter of FY26. In the year-ago period, the same stood at Rs 613.64 crore.

"The company delivered Same-Store Sales Growth (SSSG) of 0.5 per cent, 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 per cent to Rs 662.78 crore.

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

"Off-Premise business salience at 41 per cent 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 per cent, 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 per cent to Rs 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 per cent 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 Rs 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 Rs 776.50 apiece on the BSE, up 2.11 per cent from the previous close.

McDonald's Q1 results McDonald Westlife Foodworld McDonald's India