Latest news with #WestlifeFoodworld
Business Standard
14-05-2025
- Business
- Business Standard
Westlife Foodworld consolidated net profit rises 100.00% in the March 2025 quarter
Sales rise 7.63% to Rs 594.89 crore Net profit of Westlife Foodworld rose 100.00% to Rs 1.52 crore in the quarter ended March 2025 as against Rs 0.76 crore during the previous quarter ended March 2024. Sales rose 7.63% to Rs 594.89 crore in the quarter ended March 2025 as against Rs 552.70 crore during the previous quarter ended March 2024. For the full year,net profit declined 82.44% to Rs 12.15 crore in the year ended March 2025 as against Rs 69.21 crore during the previous year ended March 2024. Sales rose 4.47% to Rs 2474.13 crore in the year ended March 2025 as against Rs 2368.22 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 594.89552.70 8 2474.132368.22 4 OPM % 12.9513.56 - 12.9315.60 - PBDT 54.1751.90 4 217.15278.07 -22 PBT 1.341.95 -31 13.0595.84 -86 NP 1.520.76 100 12.1569.21 -82
Time of India
14-05-2025
- Business
- Time of India
Westlife Foodworld's Q4 FY25 revenue rises 7.3%, EBITDA grows 3.2%
New Delhi: Westlife Foodworld , McDonald's restaurants operator in West and South India, on Wednesday, has reported a consolidated net profit of Rs 1.52 crore for the quarter ended March 31, 2025, more than doubling from Rs 0.76 crore in the same period last year. However, this marked a sequential decline from Rs 7.01 crore in the December 2024 quarter, according to a regulatory filing. Its revenue from operations for the quarter stood at Rs 603.14 crore, rising 7 per cent year-on-year from Rs 562.28 crore in Q4 FY24. Sequentially, however, revenue dropped by 8 per cent compared to the Rs 653.71 crore clocked in Q3 FY25. Total expenses during the quarter increased to Rs 611.76 crore, up from Rs 565.51 crore in Q4 FY24. The rise was driven by higher material and employee costs. For the full year FY25, the company posted a consolidated net profit of Rs 12.15 crore, sharply down from Rs 69.21 crore in FY24. The drop in annual profit comes despite a 4 per cent rise in revenue from operations, which grew to Rs 2,491.19 crore from Rs 2,391.81 crore last year. Annual expenses rose to Rs 2,502.62 crore from Rs 2,314.43 crore in FY24, impacting the bottom line. Key cost drivers included material costs (Rs 745.28 crore) and other expenses (Rs 1,066.27 crore), both of which saw year-on-year increases. Profit before tax for FY25 came in at Rs 13.05 crore, significantly lower than Rs 95.84 crore reported in FY24.
Business Recorder
14-05-2025
- Business
- Business Recorder
McDonald's India operator posts higher quarterly profit as cheaper menu draws consumers
Westlife Foodworld, the operator of McDonald's in parts of India, reported a jump in fourth-quarter profit on Wednesday, as its cheaper menu items attracted budget-conscious consumers. The restaurant operator's consolidated profit after tax rose to 15.2 million rupees ($178,163.28) for the quarter ended March 31 from 7.6 million rupees a year ago. Indian operators of US chains of KFC and Burger King are launching more cheaper items, including $1 pizza and burger, to compete with local rivals at a time when the high cost of living is prompting consumers to cut back discretionary spending. McDonald's records first sales miss in nearly 4 years on slow international business During the quarter, Westlife actively advertised its breakfast options and coffee, starting at a little more than $1. The efforts helped the franchisee report a 7.2% increase in revenue from operations to 6.03 billion rupees. Westlife's shares were up 0.2% after the results.
Reuters
14-05-2025
- Business
- Reuters
McDonald's India operator posts higher quarterly profit as cheaper menu draws consumers
May 14 (Reuters) - Westlife Foodworld ( opens new tab, the operator of McDonald's (MCD.N), opens new tab in parts of India, reported a jump in fourth-quarter profit on Wednesday, as its cheaper menu items attracted budget-conscious consumers. The restaurant operator's consolidated profit after tax rose to 15.2 million rupees ($178,163.28) for the quarter ended March 31 from 7.6 million rupees a year ago. Indian operators of U.S. chains of KFC (YUM.N), opens new tab and Burger King ( opens new tab are launching more cheaper items, including $1 pizza and burger, to compete with local rivals at a time when the high cost of living is prompting consumers to cut back discretionary spending. During the quarter, Westlife actively advertised its breakfast options and coffee, starting at a little more than $1. The efforts helped the franchisee report a 7.2% increase in revenue from operations to 6.03 billion rupees. Westlife's shares were up 0.2% after the results. ($1 = 85.3150 Indian rupees)
Yahoo
14-05-2025
- Business
- Yahoo
McDonald's India operator posts higher quarterly profit as cheaper menu draws consumers
(Reuters) -Westlife Foodworld, the operator of McDonald's in parts of India, reported a jump in fourth-quarter profit on Wednesday, as its cheaper menu items attracted budget-conscious consumers. The restaurant operator's consolidated profit after tax rose to 15.2 million rupees ($178,163.28) for the quarter ended March 31 from 7.6 million rupees a year ago. Indian operators of U.S. chains of KFC and Burger King are launching more cheaper items, including $1 pizza and burger, to compete with local rivals at a time when the high cost of living is prompting consumers to cut back discretionary spending. During the quarter, Westlife actively advertised its breakfast options and coffee, starting at a little more than $1. The efforts helped the franchisee report a 7.2% increase in revenue from operations to 6.03 billion rupees. Westlife's shares were up 0.2% after the results. ($1 = 85.3150 Indian rupees) Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
