Page 2 - Westlife Development

Burger King's stellar debut puts spotlight on QSR stks; Westlife soars 13%

Shares of BKIL were locked in the 20% upper circuit band, at Rs 199.25, on the BSE for the third straight day

Dine-in has come back quite well, says Westlife Development's Amit Jatia

'We exited the month of September at 70 per cent of pre-Covid sales.'

Westlife Development: Investors should await better sales growth, margins

Dine in go ahead in Maharashtra, cost optimisation to help improve show in Q3

Street ignores recovery hurdles faced by pricey McDonald's India franchise

Continued pressure on dine-in sales may hurt growth

Hit by Covid-19, Westlife Development posts net loss of Rs 57.5 cr in Q1

Westlife Development Ltd on Thursday reported a consolidated net loss of Rs 57.56 crore for the quarter ended June 2020, hit by the Covid-19 pandemic.

Lower share of delivery sales leaves Westlife's investors with bitter taste

A 7% decline in same-store sales is twice that of Jubilant's

Trusted QSRs will recover first, maybe in 6 months: Westlife's Amit Jatia

In an interview with Viveat Susan Pinto, Jatia indicates the road ahead for his company

Hike GST, but allow input tax credit for QSRs that employ many: Amit Jatia

In a Q&A, Vice-Chairman of Westlife Development which operates McDonald's in West and South India, says his outfit has neither laid off any of its 10,000 employees not cut their pay

FMCG firms see slow demand revival as growth triggers remain weak

According to experts, discretio­nary businesses like food services and jewellery continue to have a greater presence in urban areas versus rural areas, where consumption slowdown has been pronounced.

Higher gross margins, cost control initiatives aid Westlife's profitability

Despite a high base of last year, the company was able to post a same-store sales growth of 9.2%. The metric a year ago was 14.7%

Westlife Development zooms 18% on strong Q3 operational performance

The company reported a same-store sales (SSSG) growth of 9.2 per cent, over a high SSSG of 14.5 per cent reported during the same quarter last year.

Quick-service restaurants post 5-7% rise in sales, buck the slowdown trend

Jubilant FoodWorks saw its same-store sales growth (SSG) at nearly 5% in Q2

Quick service restaurants may not get mojo back soon, say analysts

Analysts believe moderation in same-stores sales growth would impact operating profitability and return ratios

Westlife Development dips 6% to hit 52-week low on disappointing Q1 results

The company's consolidated net profit more-than-halved in Q1FY20 to Rs 5.77 crore from Rs 11.6 crore in a year ago quarter.

Westlife Development soars 17% on robust Q1 results

Westlife Development has rallied 17% to Rs 408 after reported profit of Rs 116 million in Q1FY19 against loss of Rs 27 million in the same quarter year ago.

Westlife Development posts Rs 2.06-crore net profit in Q2

In the June quarter, it had reported a net profit of Rs 0.22 crore

Westlife Development hits 52-week high on heavy volumes

The stock surged 15% to Rs 283 on BSE in intra-day trade.