Westlife Foodworld Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Westlife Foodworld Ltd reported a 5.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8.5%.
- Its expenses for the quarter were up by 4.2% QoQ and 11.7% YoY.
- The net profit increased 1847.2% QoQ and decreased 59.3% YoY.
- The earnings per share (EPS) of Westlife Foodworld Ltd stood at 0.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 656.66 | 624.47 | 604.96 | 5.2% | 8.5% |
Total Expenses | 650.17 | 623.77 | 581.86 | 4.2% | 11.7% |
Profit Before Tax | 6.49 | 0.70 | 23.10 | 827.1% | -71.9% |
Tax | -0.52 | 0.35 | 5.85 | -248.6% | -108.9% |
Profit After Tax | 7.01 | 0.36 | 17.24 | 1847.2% | -59.3% |
Earnings Per Share | 0.50 | 0.00 | 1.10 | - | -54.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Westlife Foodworld Ltd is a prominent player in the food and beverage sector, primarily known for its operations in fast-food retailing in India. The company is the master franchisee of McDonald's restaurants in West and South India, operating under the umbrella of Hardcastle Restaurants Pvt. Ltd. Westlife Foodworld has been focusing on expanding its footprint across these regions, leveraging its brand association with McDonald's to drive growth. Recent strategic initiatives may include enhancing the customer experience through digital integration and menu innovation, though specific details of recent developments are not provided in the data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Westlife Foodworld Ltd reported a total income of ₹656.66 crores, reflecting a 5.2% increase from the previous quarter (Q2FY25) where the total income was ₹624.47 crores. On a year-over-year basis, the total income increased by 8.5% from ₹604.96 crores in Q3FY24. This growth in total income suggests a positive trajectory in revenue generation over both the sequential and annual periods. The consistent rise in revenue could be attributed to various factors such as increased customer footfall, menu innovation, or expansion of outlets, although specific drivers are not detailed in the provided data.
Profitability
The profitability metrics for Westlife Foodworld Ltd indicate a significant variation over the analyzed periods. The profit before tax (PBT) in Q3FY25 was ₹6.49 crores, which marks a substantial increase of 827.1% from ₹0.70 crores in Q2FY25. However, when compared to Q3FY24, the PBT decreased by 71.9% from ₹23.10 crores. The tax component for Q3FY25 shows a reversal, with a negative ₹0.52 crores compared to a positive tax of ₹0.35 crores in Q2FY25 and ₹5.85 crores in Q3FY24. Consequently, the profit after tax (PAT) for Q3FY25 was ₹7.01 crores, a remarkable increase from ₹0.36 crores in Q2FY25 but a decline from ₹17.24 crores in Q3FY24. These fluctuations in profitability may be influenced by various operational costs, tax benefits, or changes in revenue streams, though specific factors are not specified in the data.
Operating Metrics
The detailed operating metrics for Westlife Foodworld Ltd show notable changes over the quarters. Earnings per share (EPS) in Q3FY25 stood at ₹0.50, transitioning from a negligible value in Q2FY25, indicating an improvement in shareholder returns for the quarter. However, when compared year-over-year, EPS decreased by 54.5% from ₹1.10 in Q3FY24. The total expenses for Q3FY25 were ₹650.17 crores, which is a 4.2% increase quarter-over-quarter from ₹623.77 crores in Q2FY25 and an 11.7% increase year-over-year from ₹581.86 crores in Q3FY24. These expense figures suggest an increase in operational costs over the periods analyzed. Significant trends in these metrics may reflect the company's efforts in managing its cost structure amidst revenue fluctuations, although precise operational strategies are not detailed in the provided data.
