Westlife Foodworld Chairman Highlights 30 Years of McDonald's in India
Westlife Foodworld Ltd Chairman addressed the 43rd Annual General Meeting, marking 30 years of McDonald's in India. The company reported encouraging Q1 FY27 results with revenue reaching ₹736 crore (12% YoY growth) and same-store sales growing by 4.3%, driven by double-digit growth in guest counts. Digital channels now contribute 74% of sales, with over 55 million app downloads. The company is on track with its Vision 2027 ambition, aiming for 580-630 restaurants, and currently operates 482 restaurants across 79 cities. Expansion plans include opening over 60 restaurants in FY27. The Chairman emphasized continued focus on guest visits, restaurant economics, responsible expansion, and brand relevance.
Key Highlights
- Q1 FY27 revenue ₹736 crore, up 12% YoY.
- Same-store sales grew 4.3%, driven by guest count growth.
- Digital channels account for 74% of sales.
- On track to achieve 580-630 restaurants by 2027.
- Expansion plans include over 60 new restaurants in FY27.
Price Impact
More from WESTLIFE