Westlife Foodworld Ltd , formerly known as Westlife Development Ltd, has declared an interim dividend and released its financial results for the first quarter of the fiscal year 2025-26.

Dividend Declaration

The Board of Directors of Westlife Foodworld Ltd has approved an interim dividend of Rs 0.75 per equity share with a face value of Rs 2 each. This decision was made based on the company's quarterly financial performance for the period ended June 30, 2025.

Key details of the dividend:

• Record Date: August 4, 2025
• Payment Date: On or before August 22, 2025

Shareholders whose names appear on the company's register on the record date will be eligible to receive the dividend.

Q1 Financial Performance

For the quarter ended June 30, 2025, Westlife Foodworld reported the following consolidated financial results:

The company witnessed a year-on-year growth in revenue, with total income increasing by 6.92% to Rs 66,444.05 lakhs. However, profit after tax decreased by 62.28% to Rs 122.75 lakhs compared to the same quarter last year.

Operational Highlights

• Sale of products rose to Rs 65,325.26 lakhs, up from Rs 61,364.88 lakhs in the corresponding quarter of the previous year.
• Other operating income stood at Rs 405.39 lakhs, compared to Rs 244.61 lakhs in Q1 FY2024-25.
• The company reported a net gain on fair value changes of Rs 33.06 lakhs.

Expense Analysis

• Cost of materials consumed increased to Rs 18,670.53 lakhs from Rs 18,008.32 lakhs in the year-ago quarter.
• Employee benefits expenses rose to Rs 9,370.36 lakhs, up from Rs 8,625.95 lakhs.
• Finance costs saw an increase, reaching Rs 3,543.30 lakhs compared to Rs 2,982.73 lakhs in Q1 FY2024-25.

Segment Information

Westlife Foodworld focuses on establishing and operating McDonald's restaurants across West and South India through its wholly-owned subsidiary, Hardcastle Restaurants Private Limited (HRPL). The management considers these restaurants to constitute a single business segment.

The company's financial results reflect its continued efforts in the quick-service restaurant sector, despite facing challenges that have impacted profitability. The declaration of an interim dividend signals the company's commitment to delivering value to its shareholders, even as it navigates a competitive market environment.

Investors and stakeholders will be watching closely to see how Westlife Foodworld's strategies unfold in the coming quarters, particularly in terms of managing costs and driving revenue growth in its McDonald's restaurant operations.

Westlife Foodworld Ltd. , the company behind McDonald's restaurants in West and South India, has reported its financial results for the quarter ended June 30, showing a mixed performance with revenue growth but a decline in profit.

Revenue Growth

Westlife Foodworld's consolidated revenue from operations for Q1 reached ₹657.64 crore, marking a 6.7% increase from ₹616.33 crore in the corresponding quarter of the previous year. This growth in revenue demonstrates the company's ability to drive sales despite challenging market conditions.

Profit Decline

Despite the revenue growth, the company's consolidated net profit saw a substantial decrease. Westlife Foodworld reported a net profit of ₹1.23 crore for Q1, down significantly from ₹3.25 crore in the same quarter last year. This represents a 62.3% year-on-year decline in profit.

Financial Highlights

Here's a breakdown of Westlife Foodworld's Q1 financial performance:

Dividend Announcement

The Board of Directors of Westlife Foodworld has approved an interim dividend of ₹0.75 per equity share with a face value of ₹2 each. The record date for determining shareholder eligibility for this dividend has been set as August 4. The dividend will be paid by August 22.

Company Operations

Westlife Foodworld operates McDonald's restaurants across West and South India through its wholly-owned subsidiary Hardcastle Restaurants Private Limited (HRPL). The company continues to focus on expanding its presence in these regions.

Looking Ahead

While the company has shown the ability to grow its revenue in the face of economic challenges, the significant drop in net profitability may raise concerns among investors. As Westlife Foodworld moves forward, it will be crucial to monitor how the company balances its growth strategies with cost management to improve its bottom line in the coming quarters while maintaining its positive trajectory in revenue growth.