Restaurant Brands Asia Ltd, the operator of Burger King and Popeyes in India, cut its losses for the first quarter as key parameters showed healthy growth. On Thursday (July 31), the company reported a net loss of ₹41.9 crore for the April-June quarter versus ₹49.3 crore in the year-ago period.Revenue from operations increased 7.9% to ₹697.7 crore against ₹646.6 crore in the corresponding period of the preceding fiscal.
At the operating level, EBITDA surged 16.5% to ₹72.9 crore in this quarter over ₹62.6 crore year-on-year. The EBITDA margin expanded to 10.4% from 9.7% in Q1FY25.
Also Read: Restaurant Brands Asia to consider raising funds via QIPs on December 20
The increase in revenue was led by the addition of 63 stores over the last year and a same-store sales growth of 2.6%. Notably, traffic in its dine-in restaurants grew by over 6%, driven by the launch of its new Korean range of products, along with the focus on its value offerings.Rajeev Varman, Whole-time Director and Group Chief Executive Officer, said, “Innovation, along with operational excellence, has helped us navigate a dynamic environment. Our new Korean range of products has been well received, with guests appreciating the use of premium ingredients and authentic flavours.
At the operating level, EBITDA surged 16.5% to ₹72.9 crore in this quarter over ₹62.6 crore year-on-year. The EBITDA margin expanded to 10.4% from 9.7% in Q1FY25.
Also Read: Restaurant Brands Asia to consider raising funds via QIPs on December 20
The increase in revenue was led by the addition of 63 stores over the last year and a same-store sales growth of 2.6%. Notably, traffic in its dine-in restaurants grew by over 6%, driven by the launch of its new Korean range of products, along with the focus on its value offerings.Rajeev Varman, Whole-time Director and Group Chief Executive Officer, said, “Innovation, along with operational excellence, has helped us navigate a dynamic environment. Our new Korean range of products has been well received, with guests appreciating the use of premium ingredients and authentic flavours.
The new Whopper Deluxe Burgers and the BK Fusion range of shakes and sundaes launched earlier this month have also seen a good initial response. We continued to elevate our in-store experience, with BK Café and self-ordering kiosks now in 93% of all our restaurants.”
Also Read: Restaurant Brands Asia narrows Q4 loss to ₹60 crore; revenue up 6% on store expansion
The results came after the close of the market hours. Shares of Restaurant Brands Asia Ltd ended at ₹81.64, down by ₹1.14 or 1.38%, on the BSE.
(Edited by : Shoma bhattacharjee)
First Published: Jul 31, 2025 5:49 PM IS
