financetom
Business
financetom
/
Business
/
Burger King's India operator posts smaller loss as cheaper menus draw more diners
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Burger King's India operator posts smaller loss as cheaper menus draw more diners
May 26, 2025 10:15 AM

May 19 (Reuters) - Restaurant Brands Asia, the

India franchisee of Burger King, reported a narrower

fourth-quarter loss on Monday, as its affordable menu appealed

to cost-conscious customers.

The company reported a net loss of 562.8 million rupees

($6.6 million) for the three months ended March 31, compared

with a loss of 852.60 million rupees a year earlier.

Indian operators of U.S. chains such as Pizza Hut, KFC,

McDonald's and Burger King face a double blow,

as they grapple not only with stiff competition from local

rivals but also shrinking consumer spending due to high living

costs and slow wage growth.

To counter this, they have relied on cheaper menu options to

draw in diners.

In the last quarter, Restaurant Brands Asia introduced deals

such as a bundle of two vegetarian burgers at 79 rupees and two

chicken burgers at 99 rupees.

Such efforts helped its overall revenue climb nearly 6% to

6.33 billion rupees. Same-store sales at Burger King restaurants

across India increased 5.1%, led by a growth in dine-in traffic.

Cheaper menu items also helped McDonald's franchisee

Westlife Foodworld double its profit last quarter,

although KFC and Pizza Hut franchisee Sapphire Food India

flagged a longer road to recovery, pressured by

competition from delivery-focused Domino's, operated by Jubilant

FoodWorks.

Restaurant Brands Asia, however, has slowed its new store

openings. It added just three new stores last quarter, out of a

total of 58 for the April-March fiscal year.

It continues to focus on keeping diners through such efforts

as last month's limited-time "Korean Spicy Fest" menu, which

included burgers, chicken wings and fries, to cash in on the

buzz around K-culture.

($1 = 85.3820 Indian rupees)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
T-Mobile US Unusual Options Activity
T-Mobile US Unusual Options Activity
Aug 8, 2025
Investors with a lot of money to spend have taken a bearish stance on T-Mobile US ( TMUS ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
Deutsche Bank on Restaurant Brands International's Q2
Deutsche Bank on Restaurant Brands International's Q2
Aug 8, 2025
02:05 PM EDT, 08/08/2025 (MT Newswires) -- Restaurant Brands International reported a mixed second-quarter print with better-than-expected global SSS, while EBITDA/EPS modestly missed (in part due to timing of expenses), writes Deutsche Bank. The company reiterated its 2025 guide for 8%+ organic AOI growth and ~3% unit growth, with both metrics to be more heavily weighted to the fourth quarter....
Oncolytics Biotech Down on Intention to Voluntary Delist From the TSX
Oncolytics Biotech Down on Intention to Voluntary Delist From the TSX
Aug 8, 2025
02:02 PM EDT, 08/08/2025 (MT Newswires) -- Oncolytics Biotech ( ONCY ) was last seen down 2.4% after the company said it is voluntarily delisting from the Toronto Stock Exchange (TSX) at the close of markets on August 22. The company said with the de-listing, it will cease to be treated as a Foreign Private Issuer for purposes of U.S....
Copyright 2023-2026 - www.financetom.com All Rights Reserved