Westlife Foodworld's Profit Slumps as Sales Rise in Q1 FY26
Westlife Foodworld, the operator of McDonald's in West and South India, saw a 62.5% drop in Q1 FY26 net profit to Rs 1.22 crore. Despite rising sales, increased expenses contributed to the decline. The company announced a 75 paise interim dividend amidst the financial results.
- Country:
- India
Westlife Foodworld, which operates McDonald's outlets in West and South India, announced a steep 62.5% decline in its consolidated net profit for the June quarter, dropping to Rs 1.22 crore from last year's Rs 3.25 crore.
Despite a sales growth of 6.45% to Rs 653.25 crore, the company faced increased expenses, climbing 7.43% to Rs 662.78 crore, impacting profitability. Total income also saw a 7% rise to Rs 664.44 crore.
In light of these results, Westlife Foodworld's board has approved an interim dividend of 75 paise per equity share, with shares trading at Rs 770.25 on the BSE, up by 1.29%.
(With inputs from agencies.)
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