Summary

Westlife Foodworld, the company that owns and operates McDonald’s restaurants in West and South India, has reported a revenue of 6.42 billion for Q2 FY26. Despite a subdued out-of-home consumption environment, the company demonstrated strong operational resilience with gross margins expanding by 270 bps YoY and 80 bps QoQ to reach 72.4%. The company added 8 new restaurants, taking the total to 450 across 72 cities, and remains on track to achieve its Vision 2027 target of 580-630 restaurants by FY27.

Key Highlights

1. 1

   Revenue: 6.42 billion, reflecting steady performance despite industry headwinds

2. 2

   Operating EBITDA: 759 million, margin at 11.8% supported by cost optimisation initiatives

3. 3

   Gross margin: Expanded by 270 bps YoY and 80 bps QoQ to reach 72.4%, led by supply chain efficiencies

4. 4

   Added 8 new restaurants in Q2, taking the total to 450 across 72 cities

5. 5

   Cash PAT stood at 807 million, or 12.6% of sales

6. 6

   Same Store Sales Growth (SSSG) was -2.8% for the quarter

7. 7

   Digital channels contributed nearly 75% of sales

8. 8

   Robust app ecosystem with 47 million cumulative downloads and approximately 3 million monthly active users (MAUs)