Latest news about Restaurant Brand Asia (Burger King)
Restaurant Brands Asia Reports Compliant QIP Fund Utilization and Revenue Growth in Q1 1 day ago
Restaurant Brands Asia (RBA) reported compliant utilization of its INR 500 crore QIP proceeds and solid Q1 financial results. The company used INR 186.67 crore for debt repayment, new restaurant setup, and corporate purposes. Q1 saw a 7.9% increase in consolidated revenue to INR 6,977.23 crore, with India operations growing 12.6%. RBA added 63 new stores in India, bringing the total to 519. The company is focusing on menu innovation, digital transformation, and value leadership to drive growth. RBA aims to open 60-80 new restaurants annually in India, targeting 800 restaurants by FY2029.
Restaurant Brands Asia Reports Compliant QIP Fund Utilization in Q1 FY2026 1 day ago
Restaurant Brands Asia Reports Q1 Results: Revenue Up 12.6%, Losses Narrow 1 day ago
Restaurant Brands Asia Q4 Results: Revenue Up, Dolat Capital Downgrades to 'Sell' May 20, 2025
Restaurant Brands Asia: Q4 Loss Narrows, Revenue Grows on Store Expansion May 19, 2025
More news about Restaurant Brand Asia (Burger King)
29Apr 25
Investors Eye Stake in Burger King India Amid Fast-Food Market Growth
Burger King India, a subsidiary of Restaurant Brands Asia, is reportedly drawing interest from potential investors looking to acquire a stake in the company. This development could lead to capital infusion, strategic partnerships, and increased market confidence. The news comes amid robust growth in India's fast-food industry, driven by changing consumer preferences, urbanization, and a growing young population. While Restaurant Brands Asia has not officially commented, the potential stake acquisition could significantly impact Burger King India's competitive position and growth strategies in the market.
01Apr 25
MIT Invests ₹92 Crore in Restaurant Brands Asia's ₹500 Crore QIP
Restaurant Brands Asia (RBA) has completed a ₹500 crore Qualified Institutional Placement, with MIT as the largest investor contributing ₹92 crore. The funds will be used for new store openings, debt reduction, and strengthening the balance sheet. RBA currently operates 510 stores across India under the Burger King, Popeyes, and Tim Hortons brands.
26Mar 25
Restaurant Brands Asia Raises Funds Through QIP at Rs 60 Per Share
Restaurant Brands Asia Ltd. has successfully completed its qualified institutional placement (QIP) at Rs 60.00 per share, representing a 3.72% discount to the floor price. The company aims to raise up to Rs 500.00 crore, with proceeds earmarked for debt prepayment and capital expenditure. The QIP closed on March 26, 2025, with share credit scheduled for March 27 and trading to commence on April 1, 2025.
25Mar 25
Restaurant Brands Asia Launches Qualified Institutions Placement with ₹62.32 Floor Price
Restaurant Brands Asia Limited (RBA) has opened a Qualified Institutions Placement (QIP) on March 24, 2025, with a floor price of ₹62.32 per equity share. The QIP, approved by shareholders and the board, allows for a potential 5% discount on the floor price. RBA has filed the preliminary placement document with stock exchanges, complying with SEBI regulations. The capital raising initiative aims to strengthen RBA's financial position for potential expansion or strategic initiatives.
24Mar 25
Restaurant Brands Asia Launches QIP, Aims to Raise Up to Rs 500 Crore
Restaurant Brands Asia Ltd. has announced a qualified institutional placement (QIP) to raise up to Rs 500 crore. The floor price is set at Rs 62.32 per share, with a potential 5% discount. The QIP follows board and shareholder approvals from December 2024 and January 2025, respectively. This move comes as the fast-food industry faces challenges including legal disputes and competition from quick-commerce companies.