Restaurant Brands Asia Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating improved operational performance despite continuing losses. The company, which operates the Burger King franchise in India and Indonesia, showed significant progress in reducing its losses while maintaining strong revenue growth.

Financial Performance Overview

The company's standalone financial results revealed a mixed but improving picture for Q3FY26. While the company continued to report losses, the magnitude decreased substantially compared to the previous year.

Nine Months Performance

For the nine months ended December 31, 2025, Restaurant Brands Asia showed consistent improvement across key metrics. Revenue from operations reached ₹1,698.26 crore compared to ₹1,477.99 crore in the corresponding period last year, marking a growth of 14.90%.

Consolidated Results

On a consolidated basis, which includes the company's Indonesian operations, Restaurant Brands Asia reported revenue from operations of ₹714.65 crore for Q3FY26, up from ₹639.06 crore in Q3FY25. The consolidated net loss for the quarter stood at ₹479.43 crore compared to ₹547.10 crore in the previous year.

Exceptional Items and Regulatory Impact

The company recorded an exceptional item of ₹22.52 crore during the quarter due to the implementation of new Labour Codes by the Government of India on November 21, 2025. This impact resulted from changes in the definition of "wages" under the Code on Wages, 2019, affecting the actuarial valuation of gratuity and long-term compensated absences.

Corporate Developments

The Board of Directors reconsidered and approved revisions to amendments in the Articles of Association and special rights to be granted to identified shareholders. These changes relate to a share purchase agreement dated January 20, 2026, involving Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, and other entities as acquirers.

Key Highlights

• Equity Share Capital: ₹582.75 crore as of December 31, 2025
• Earnings Per Share: Basic and diluted EPS of ₹(0.12) for Q3FY26
• QIP Utilization: ₹278.54 crore utilized out of net proceeds of ₹480.09 crore from the Qualified Institutional Placement
• Board Meeting: Results approved at the Board meeting held on February 03, 2026

The company continues to focus on expansion and operational efficiency improvements while managing the challenging operating environment in the quick-service restaurant sector.

Restaurant Brands Asia Limited has completed the allotment of 70,830 equity shares under its BK Employee Stock Option Scheme, 2015, following the exercise of stock options by eligible employees. The allotment was approved by the company's Nomination and Remuneration Committee during a meeting held on February 3, 2026.

Meeting Details and Approval

The Nomination and Remuneration Committee meeting commenced at 10:09 a.m. (IST) and concluded at 10:55 a.m. (IST) on Tuesday, February 3, 2026. The committee approved the allotment of 70,830 fully paid-up equity shares with a face value of Rs. 10 each. The allotment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share Capital Impact

The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects. The allotment has resulted in a consequent increase in the company's issued and paid-up equity share capital.

ESOP Scheme Framework

The allotment was executed under the BK Employee Stock Option Scheme, 2015, which enables eligible employees to exercise their stock options and acquire equity shares in the company. This employee stock option scheme forms part of the company's employee compensation and retention strategy.

Regulatory Compliance

The company has informed both BSE Limited (Scrip Code: 543248) and National Stock Exchange of India Limited (Symbol: RBA) about the allotment in compliance with the SEBI Listing Regulations. The notification was signed by Company Secretary and Compliance Officer Shweta Mayekar (Membership No.: A23786) and submitted to the respective stock exchanges for record purposes.