Westlife Q3 Net Profit Down 86% Despite Revenue Rise
Westlife Foodworld reports Q3 FY26 net profit of Rs 1 crore, down 85.7 per cent year-on-year, with revenue at Rs 670 crore and Ebitda at Rs 97 crore
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McDonald’s India Franchisee Westlife Foodworld Sees 99% YoY Jump In Net Profit In Q4
- by BW Retail World Bureau
- May 14, 2025
Westlife Foodworld expanded with 18 new restaurants in the quarter, bringing the total restaurant count to 438 across 69 cities as of 31 March 2025
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FSSAI Confirms McDonald’s India Uses 100% Real Cheese Following Allegations Of Substitute Use
- by BW Retail World Bureau
- March 5, 2024
The Food Safety and Standards Authority of India (FSSAI) has confirmed that McDonald’s India utilises 100 per cent genuine cheese, Westlife Foodworld stated in a regulatory filing on Tuesday. “The verification confirms the brand’s assertion that it uses 100% Real Cheese and that it does not use any cheese analogues or substitutes in any of […]
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Westlife Foodworld Misses Estimates, Q3 Profit Falls On Weak Demand
- by BW Retail World Bureau
- February 2, 2024
Westlife Foodworld, the operator of McDonald’s restaurants in west and south India, failed quarterly profit projections on Wednesday, citing sluggish demand. Consolidated profit after tax fell nearly 53 per cent to 172.4 million rupees (USD 2.08 million) in the three months ended 31 December, according to an exchange filing. Analysts, on average, had expected profit […]
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Food Industry Urges To Restore Input Tax Credit For Revival
- by Poonam Singh
- January 24, 2024
The food and hospitality sector stands united, appealing to the government for the restoration of input tax credit for GST, citing the escalating costs faced by the industry As Finance Minister Nirmala Sitharaman is gearing up to unveil the Union Budget 2024 on 1 February, all sectors have articulated their expectations from the government. The […]
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Westlife Foodworld To Install Solar Panels On One-third of New Restaurants In FY24
- by BW Retail World Bureau
- June 6, 2023
To mark World Environment Day 2023, Westlife Foodworld, owner and operator of McDonald’s restaurants in West and South India will progressively install rooftop solar panels on one-third of its new restaurants in FY24. This move is part of the company’s goal to increase the use of renewable energy., according to an official statement. In the […]
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Amit Jatia Appointed Chairperson Of Westlife Foodworld, Smita Jatia Becomes Vice Chairperson
- by BW Retail World Bureau
- May 15, 2023
Westlife Foodworld (formerly Westlife Development) has designated Amit Jatia as the new chairperson of the company. Jatia previously served as the Vice Chairman of Westlife Foodworld. Following the new role of Jatia, now Smita Jatia will be taking over as Vice Chairperson of the company. Amit, widely regarded as the country’s pioneer of the QSR […]
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Saurabh Kalra Appointed As MD Of Westlife Foodworld
- by BW Retail World Bureau
- March 21, 2023
Saurabh Kalra has been promoted to the position of Managing Director of Westlife Foodworld’s subsidiary, which operates McDonald’s restaurants in western and southern India. He takes over from Smita Jatia, who had been the Managing Director since 2010. Kalra, who previously served as the Chief Operating Officer, will be responsible for the overall business strategy […]