Westlife Development

The company is looking for an almost three-fold jump in sales, between Rs 4,000 crore and Rs 4,500 crore, in the next five years by 2027

Sales uptick in dine-in and delivery channels, new products and gradual royalty hikes are positives

Analysts believe that the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment, and discretionary purchases bounce back from Covid-19 pandemic

This new restaurant, operated by Westlife Development, McDonald's India's franchise partner, is located in the vicinity of the Statue of Unity

Value players, or those catering to price sensitive customers, may see growth and profitability concerns, they said

In a Q&A, the chief of McDonald's master franchisee, talks about his company's strategy to expand its presence in more towns as it increases its store count

Westlife Development Ltd reported a multifold jump in its consolidated net profit to Rs 20.82 crore for the third quarter ended December 2021.

Westlife Development Ltd owns Hardcastle Restaurants, the master franchisee of McDonald's restaurants for West and South India

QSR to expand its ever-hungry 'foodprint' by doubling outlets, increasing average unit volume by 40% in 5 years

Motilal Oswal Financial Services (MOFSL) expects Burger King India to rise as much as 117 per cent in the next three years

Strong growth in convenience format, margin improvement would support financials

Amit Jatia, vice-chairman, Westlife Development, talks about the road ahead for the company

Strong growth in convenience format, margin improvement would support financials

This was helped by higher income

Westlife Development operates McDonald's restaurants in southern and western region in India

Amid second wave of Covid-19 in India, analysts believe investors will be better off if they avoid QSR, multiplex, or travel-related stocks till the situation improves

Margins could improve further on operating leverage and cost optimisation

Margins could improve further on operating leverage and cost optimisation

Month-on-month the business has been getting better, as the government relaxed restrictions

Westlife Development, the company that holds the master franchise in western India and South India for McDonald's, has a market cap of Rs 7,312 crore