Westlife Foodworld Sets 7% Same-Store Sales Growth Target by 2027, Reports Q1 Results

1 min read     Updated on 24 Jul 2025, 09:13 AM
scanxBy ScanX News Team
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Overview

Westlife Foodworld, McDonald's operator in West and South India, aims for 7% same-store sales growth by 2027. Q1 results show 6.70% revenue growth to Rs. 6,576.60 crore, 0.50% same-store sales growth, and 6.90% increase in Operating EBITDA. The company added 9 new restaurants, reaching 444 across 71 cities. Digital sales contribution rose to 75%. The board approved an interim dividend of Rs. 0.75 per share.

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*this image is generated using AI for illustrative purposes only.

Westlife Foodworld Limited , the company that owns and operates McDonald's restaurants in West and South India, has announced ambitious growth plans and released its financial results for the first quarter.

Growth Target

During a recent conference call, Westlife Foodworld revealed its target to achieve high single-digit same-store sales growth of approximately 7% by 2027. This strategic goal underscores the company's commitment to enhancing its market presence and operational efficiency in the coming years.

Q1 Financial Highlights

The company has reported a steady performance for the quarter ended June 30:

Metric Performance
Revenue Growth 6.70% year-over-year to Rs. 6,576.60 crore
Same-Store Sales Growth (SSSG) 0.50%
Operating EBITDA Grew by 6.90% year-over-year to Rs. 855.00 crore
Operating EBITDA Margin 13.00%
Profit After Tax Rs. 12.30 crore

Operational Highlights

  • Restaurant Expansion: Added 9 new restaurants during Q1, bringing the total count to 444 across 71 cities.
  • Digital Sales: Contribution reached 75%, growing by over 500 basis points year-over-year, driven by mobile apps and self-ordering kiosks.
  • On-Premise Sales: Grew by 8% year-over-year, contributing 59% to total sales.
  • Off-Premise Sales: Increased by 4% year-over-year, maintaining a 41% share of total sales.

Strategic Initiatives

Westlife Foodworld continues to focus on enhancing customer experience through various initiatives:

  • Drive-Thrus: Surpassed the milestone of 100 Drive-Thrus, now operating 106 such outlets.
  • Experience of the Future (EOTF): Implemented in 99% of restaurants, offering a modern McDonald's experience.
  • McCafé: Extended to 96% of restaurants, diversifying the product offering.

Management Commentary

Amit Jatia, Chairperson of Westlife Foodworld Limited, commented on the results: "Our Q1 performance, driven by continued positive SSSG, reflects our ability to effectively navigate dynamic market conditions while steadily building long-term capabilities. Our focused investments in omnichannel capabilities and store modernization are creating sustainable competitive advantages in the fast-evolving foodservice landscape."

Dividend Announcement

The Board of Directors has approved an interim dividend of Rs. 0.75 per equity share of face value Rs. 2 each. The record date for determining shareholder eligibility is set for August 4.

Westlife Foodworld's strategic focus on same-store sales growth, coupled with its expansion plans and digital initiatives, positions the company to capitalize on India's evolving consumption trends in the quick-service restaurant sector.

Historical Stock Returns for Westlife Foodworld

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%-6.28%-6.32%-7.72%-11.59%+96.77%
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Westlife Foodworld Announces Rs 0.75 Interim Dividend, Reports Q1 Results

2 min read     Updated on 23 Jul 2025, 03:00 PM
scanxBy ScanX News Team
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Overview

Westlife Foodworld Ltd has approved an interim dividend of Rs 0.75 per share for Q1 FY2025-26. The company's Q1 results show a 6.92% increase in total income to Rs 66,444.05 lakhs, but a 62.28% decrease in profit after tax to Rs 122.75 lakhs compared to the previous year. Revenue from operations grew by 6.70% to Rs 65,763.71 lakhs. The dividend record date is set for August 4, 2025, with payment to be made by August 22, 2025.

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*this image is generated using AI for illustrative purposes only.

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:

Particulars (Rs. in Lakhs) Q1 FY2025-26 Q1 FY2024-25 YoY Change
Revenue from Operations 65,763.71 61,632.87 6.70%
Total Income 66,444.05 62,144.31 6.92%
Profit Before Tax 166.02 451.68 -63.24%
Profit After Tax 122.75 325.46 -62.28%
Earnings Per Share (Rs.) 0.08 0.21 -61.90%

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.

Historical Stock Returns for Westlife Foodworld

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%-6.28%-6.32%-7.72%-11.59%+96.77%
Westlife Foodworld
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