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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
87 announcements match the current filters (relevance ≥ 5).
RBA FY26 Results: India Revenue Up 15.4%, Q4 SSSG Hits 12-Quarter High of 6.3%
Restaurant Brands Asia (RBA) reported a strong FY26 performance, with India revenue growing 15.4% YoY to INR 22,717 Mn and consolidated Company EBITDA (Pre-IND AS 116) doubling to INR 750 Mn. The India business saw significant margin expansion, with Q4 gross margins reaching 70.2% and SSSG peaking at 6.3%, the highest in three years. While the Indonesia business remains loss-making at the company level (IDR -100 Bn), the Burger King brand in that region has turned EBITDA positive. The company added 68 net new stores in India, bringing the total to 581, while focusing on digital-first initiatives and delivery profitability.
Key Highlights
India FY26 revenue grew 15.4% to INR 22,717 Mn, with Q4 SSSG reaching a 12-quarter high of 6.3%.
India Gross Margins improved to 69.0% for FY26, driven by menu mix and supply chain efficiencies.
Consolidated Company EBITDA (Pre-IND AS 116) surged 102.8% YoY to INR 750 Mn.
India store network expanded to 581 restaurants, with 91% of orders now coming through digital channels.
Indonesia's Burger King brand achieved a positive Restaurant EBITDA of IDR 8.2 Bn, though Popeyes remains in the investment phase.
👀 What to Watch
Investors should monitor the sustained momentum in India's SSSG and the narrowing losses in Indonesia as key drivers for a potential re-rating. The transition of the Indonesia Burger King brand to EBITDA positivity is a significant milestone for consolidated profitability.
RBA Q4 FY26: Standalone Revenue Up 17.1%, EBITDA Surges 27.6% with 6.3% SSSG
Restaurant Brands Asia reported a strong Q4 FY26 with standalone revenue reaching Rs. 5,735 million, a 17.1% year-on-year increase. The company achieved its highest same-store sales growth in 12 quarters at 6.3%, driven by both dine-in and delivery channels. Standalone EBITDA grew significantly by 27.6% to Rs. 992 million, with margins expanding to 17.3%. The company also expanded its footprint to 581 restaurants in India, adding 68 new locations over the past year.
Key Highlights
Standalone Revenue from Operations grew 17.1% YoY to Rs. 5,735 million.
Standalone EBITDA increased by 27.6% YoY to Rs. 992 million with a 17.3% margin.
Burger King India recorded 6.3% Same-Store Sales Growth (SSSG), the highest in 3 years.
Total restaurant count in India reached 581, with 68 net additions during the year.
Growth was supported by menu innovation, digital initiatives, and supply chain efficiencies.
👀 What to Watch
Investors should view the margin expansion and record SSSG as strong indicators of operational efficiency and brand strength. Monitor the sustainability of this growth momentum in the upcoming quarters.
RBA Q4 FY26 Revenue Up 17% to ₹5,735M; Net Loss Widens to ₹1,203M on Exceptional Item
Restaurant Brands Asia reported a 17% YoY increase in standalone revenue for Q4 FY26, reaching ₹5,734.61 million. However, the company posted a significantly wider net loss of ₹1,203.21 million compared to ₹254.24 million in the previous year, primarily due to a ₹1,200 million exceptional item. For the full year FY26, revenue grew 15.4% to ₹22,717.23 million, while the annual loss increased to ₹1,591.40 million. Operating expenses, particularly employee benefits and finance costs, continued to rise, impacting overall margins.
Key Highlights
Standalone Q4 revenue grew 17% YoY to ₹5,734.61 million compared to ₹4,897.74 million.
Net loss for Q4 widened significantly to ₹1,203.21 million, impacted by a ₹1,200 million exceptional charge.
Full-year FY26 revenue stood at ₹22,717.23 million, up from ₹19,677.59 million in FY25.
Annual net loss increased to ₹1,591.40 million from ₹875.78 million in the previous fiscal.
Finance costs rose to ₹1,687.99 million for FY26, up from ₹1,411.42 million in the prior year.
👀 What to Watch
Investors should scrutinize the nature of the ₹1,200 million exceptional item to confirm if it is a non-recurring event. While top-line growth remains healthy, the widening losses and increasing finance costs warrant a cautious approach.
Urban Company Q4 FY26: NTV Surges 42% to ₹1,148 Cr; Core Business and International Turn Profitable
Urban Company reported a robust Q4 FY26 with consolidated NTV growing 42% YoY to ₹1,148 crores and revenue up 43% to ₹426 crores. The core India Consumer Services segment saw margin expansion to 4.1% for the full year, while the International business turned EBITDA positive with ₹6 crores in earnings. However, consolidated Q4 adjusted EBITDA remained a loss of ₹98 crores due to heavy investment in the new InstaHelp vertical, which lost ₹119 crores in the quarter. The company remains well-capitalized with ₹2,021 crores in cash and targets consolidated breakeven by Q3 FY28.
Key Highlights
Consolidated Q4 NTV grew 42% YoY to ₹1,148 crores, driven by a 24% increase in transacting users to 8.4 million.
India Consumer Services (ex-InstaHelp) delivered ₹131 crores in adjusted EBITDA for FY26, a significant turnaround from previous losses.
International segment (UAE & Singapore) turned profitable with ₹6 crores adjusted EBITDA on 75% annual NTV growth.
InstaHelp vertical scaled rapidly to 2.7 million orders in Q4, though it contributed a ₹119 crore adjusted EBITDA loss.
Management reaffirmed a long-term target of ₹1,000 crores in adjusted EBITDA by FY31 with a current cash balance of ₹2,021 crores.
👀 What to Watch
Investors should view the profitability of the core and international segments as a major milestone validating the platform's unit economics. Monitor the scaling of InstaHelp, as its path to narrowing losses will be the primary driver for consolidated breakeven by FY28.
Urban Company FY26 Revenue Up 36% to ₹1,556 Cr; Core Business Achieves ₹106 Cr EBITDA
Urban Company reported a strong FY26 with consolidated revenue growing 36% to ₹1,556 Cr and Net Transaction Value (NTV) rising 31% to ₹4,290 Cr. While the consolidated Adjusted EBITDA was ₹(129) Cr due to heavy investment in the new 'InstaHelp' vertical, the core business (excluding InstaHelp) turned profitable with an EBITDA of ₹106 Cr. The company maintains a robust cash reserve of ₹2,021 Cr and targets consolidated breakeven by Q3 FY28. International operations and the 'Native' brand also showed significant growth and improving margin profiles.
Key Highlights
Consolidated NTV grew 42% YoY in Q4 FY26 to ₹1,148 Cr, the highest growth in 15 quarters.
Core India Consumer Services generated ₹131 Cr Adjusted EBITDA in FY26 with 35% incremental revenue flow-through.
InstaHelp vertical scaled to 2.7 million orders in Q4 but incurred a ₹(119) Cr EBITDA loss due to aggressive subsidies.
International business (UAE & Singapore) turned profitable with ₹6 Cr Adjusted EBITDA for the full year.
Native brand NTV grew 122% to ₹345 Cr, with losses narrowing from 25.1% to 8.9% of NTV.
👀 What to Watch
Investors should monitor the burn rate in the InstaHelp vertical, but the profitability of the core business and strong cash reserves of ₹2,021 Cr provide a solid cushion. The accelerating growth in international markets and the Native brand suggests successful diversification beyond the core service model.
Urban Company Q4 Revenue Jumps 43% to ₹426 Cr; Core FY26 EBITDA Grows 9x to ₹106 Cr
Urban Company reported a robust Q4 FY26 with Net Transaction Value (NTV) growing 42% YoY to ₹1,148 Cr, marking its highest growth in 15 quarters. While the consolidated Adjusted EBITDA for FY26 remains at a loss of ₹129 Cr due to investments in the InstaHelp segment, the core business (Ex-InstaHelp) demonstrated strong profitability with a 9-fold increase in Adjusted EBITDA to ₹106 Cr. Full-year revenue reached ₹1,556 Cr, up 36% YoY, driven by a 24% increase in annual transacting users. The international segment also showed high momentum with 84% YoY growth in Q4.
Key Highlights
Q4 FY26 Revenue grew 43% YoY to ₹426 Cr, while NTV reached ₹1,148 Cr (+42% YoY).
Core Adjusted EBITDA (Ex-InstaHelp) for FY26 surged to ₹106 Cr from ₹12 Cr in the previous year.
International business (UAE & Singapore) recorded 84% YoY NTV growth in Q4 FY26.
InstaHelp segment delivered 2.7 million orders in Q4, showing rapid scale-up from 1.6 million in Q3.
Annual transacting users grew to 8.4 million, a 24% increase compared to the previous fiscal year.
👀 What to Watch
Investors should monitor the narrowing consolidated losses as the core business remains profitable and the high-growth InstaHelp segment scales. The strong 9x growth in core EBITDA suggests significant operational leverage and a clear path to overall profitability.
Urban Company FY26 Results: Board Appoints BSR & Co. as Auditors; KSA Exit Delayed
Urban Company Limited has approved its audited financial results for the quarter and fiscal year ended March 31, 2026, receiving an unmodified audit report. The Board has proposed the appointment of BSR & Co. LLP as the new Statutory Auditors for a five-year term, replacing Price Waterhouse & Co. Additionally, the company reported a delay in the winding up of its Saudi Arabian subsidiary, Urban Company Arabia, which is now expected to take another 5-6 months due to geopolitical factors. The financial results indicate a net loss for the group, though specific consolidated figures were not disclosed in the cover letter.
Key Highlights
Approved audited consolidated and standalone financial results for the fiscal year ended March 31, 2026.
Proposed BSR & Co. LLP as Statutory Auditors for a 5-year term from the 12th AGM to the 17th AGM.
Winding up of step-down subsidiary in Saudi Arabia delayed by 5-6 months due to geopolitical complexities.
Appointed M/s DPV & Associates LLP as Secretarial Auditors for a 5-year term (FY 2026-27 to 2030-31).
Statutory auditors Price Waterhouse & Co issued an unmodified audit opinion on the annual results.
👀 What to Watch
Investors should review the detailed profit and loss statements to assess the trajectory of the reported net loss. The auditor rotation and secretarial appointments are routine governance matters and do not signal immediate operational risks.
Urban Company Receives ₹8.70 Crore GST Show Cause Notice for FY 2022-23
Urban Company Limited has received a Show Cause Notice (SCN) from the GST authorities in Chennai, Tamil Nadu, for the financial year 2022-23. The notice demands a total of ₹8,70,03,806, which includes interest and penalties related to alleged discrepancies in turnover reporting and excess Input Tax Credit (ITC) claims. The company clarifies that the dispute arises from the tax officer incorrectly classifying e-commerce operator turnover as the company's own turnover. Urban Company intends to contest the notice and maintains that there is no immediate impact on its financial or operational activities.
Key Highlights
Total GST demand of ₹8.70 crore including interest and penalty for the period April 2022 to March 2023
Notice issued by the Commercial Tax Officer, Guindy, Chennai South, Tamil Nadu
Allegations involve differences in turnover between GSTR 1 and GSTR 3B and alleged excess ITC claims
Company contends the officer incorrectly included Section 9(5) e-commerce turnover as company turnover
Management believes they have a strong case on merits and will respond within prescribed timelines
👀 What to Watch
Investors should monitor the final order from the GST authorities as the company contests the ₹8.70 crore demand. While the amount is not immediately material to operations, it highlights ongoing regulatory scrutiny in the e-commerce sector.
Urban Company Grants 1.54 Crore Stock Options Under ESOP Scheme 2015
Urban Company Limited has approved the grant of 1,54,29,253 stock options to eligible employees under its 2015 Employee Stock Option Scheme. Each option is convertible into one equity share of face value ₹1 at a highly discounted exercise price of ₹1 per share. This move is intended to incentivize and retain talent by aligning employee interests with long-term company performance. The options are exercisable within 10 years from the date of vesting and carry no lock-in period for the resulting shares.
Key Highlights
Grant of 1,54,29,253 stock options to eligible employees approved by the NRC.
Each stock option is convertible into one fully paid-up equity share of face value ₹1.
Exercise price is set at a nominal value of ₹1 per stock option.
Options can be exercised within a period of 10 years from the date of vesting.
Equity shares allotted upon exercise will not be subject to any lock-in period.
👀 What to Watch
Investors should note the potential equity dilution and the impact of non-cash employee compensation expenses on future earnings. While ESOPs are standard for talent retention in tech-driven firms, the deep discount in exercise price is a key factor to watch.
RBA to Invest IDR 35 Billion in Indonesian Subsidiary PT Sari Burger Indonesia
Restaurant Brands Asia (RBA) has approved a capital infusion of IDR 35 billion into its Indonesian subsidiary, PT Sari Burger Indonesia, via redeemable cumulative non-convertible preference shares. The investment is aimed at meeting the subsidiary's business requirements as it manages 133 outlets. However, the subsidiary has faced a declining revenue trend, with turnover dropping from IDR 1,130 billion in FY23 to IDR 965 billion in FY25. This move highlights RBA's ongoing support for its international operations despite recent financial headwinds in the Indonesian market.
Key Highlights
Subscription of 35,000 preference shares at IDR 1,000,000 each, totaling IDR 35 billion.
PT Sari Burger Indonesia operates 133 outlets as of March 31, 2026.
Subsidiary turnover declined from IDR 1,130.16 billion in FY23 to IDR 965.17 billion in FY25.
The transaction is expected to be completed within a period of two months through cash consideration.
👀 What to Watch
Investors should closely monitor the Indonesian segment's performance for signs of a turnaround, as the declining revenue trend despite capital support is a point of concern. Watch for management commentary on store-level profitability and market recovery in Indonesia.
Urban Company to Consider Q4 and FY26 Audited Results on May 08, 2026
Urban Company Limited (URBANCO) has scheduled a Board Meeting for May 08, 2026, to approve its audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The company will also host an earnings conference call on the same day from 6:30 PM to 7:30 PM IST to discuss the financial performance. As per SEBI regulations, the trading window for the company's securities will remain closed and will only re-open 48 hours after the results are declared. This annual disclosure is critical for investors to evaluate the company's growth trajectory and fiscal health.
Key Highlights
Board meeting scheduled for May 08, 2026, to approve Q4 and FY26 audited financial results.
Earnings conference call for analysts and investors set for May 08, 2026, at 06:30 p.m. IST.
Trading window for company securities to re-open 48 hours post-result declaration.
The results will encompass both standalone and consolidated financial statements for the period ending March 31, 2026.
👀 What to Watch
Investors should monitor the financial results on May 08 for updates on revenue growth and profitability margins. Attending the earnings call is recommended to gain insights into management's guidance for the upcoming fiscal year.
Urban Company's 'InstaHelp' Crosses 1 Million Monthly Bookings; Fastest-Growing Vertical
Urban Company's quick-service housekeeping vertical, InstaHelp, has achieved a significant milestone by crossing 1 million monthly delivered bookings in March 2026. This follows a strong performance in February where the vertical recorded over 50,000 daily orders, making it the fastest-scaling unit in the company's history. Currently operational in five major Indian cities, the service provides housekeeping tasks within a 10-15 minute response time. This rapid growth indicates strong consumer demand for high-frequency, immediate home services, potentially diversifying the company's revenue streams.
Key Highlights
InstaHelp crossed 1 million monthly delivered bookings in March 2026 with 3 days remaining in the month.
The vertical recorded over 50,000 daily orders in February 2026, marking it as the fastest-scaling business unit.
Currently operational across 5 major metros: Mumbai, Bengaluru, Delhi NCR, Hyderabad, and Pune.
Service offers 10-15 minute response times for tasks including cleaning, dishwashing, and meal preparation.
9M FY26 average monthly net earnings for active service professionals (excluding InstaHelp) reached INR 28,322.
👀 What to Watch
Investors should monitor the impact of this high-volume vertical on overall margins, as quick-service models often have different unit economics than traditional home services. The rapid scaling suggests a strong product-market fit that could significantly contribute to top-line growth.
Urban Company Allots 8 Crore Equity Shares to ESOP Trust; Capital Increases to ₹154.22 Cr
Urban Company Limited has approved the allotment of 8,00,00,000 equity shares of ₹1 face value to its ESOP Trust under the 2015 Employee Stock Option Scheme. This allotment has increased the company's total paid-up equity share capital from ₹146.22 crore to ₹154.22 crore. The shares are intended for transfer to eligible employees upon the exercise of their options. This move results in an equity dilution of approximately 5.47% for existing shareholders.
Key Highlights
Allotment of 8,00,00,000 equity shares to the Urban Company ESOP Trust.
Total paid-up share capital increased from ₹1,46,21,80,603 to ₹1,54,21,80,603.
Shares issued at an exercise price of ₹1 per share, matching the face value.
The allotment represents an equity dilution of approximately 5.47% of the pre-issue capital.
👀 What to Watch
Investors should account for the 5.47% equity dilution when calculating future earnings per share (EPS) metrics. This is a standard talent retention mechanism common in tech-led service companies.
Urban Company Partners with ILO to Expand e-Shram Registration for 59,000+ Professionals
Urban Company has announced a strategic collaboration with the International Labour Organization (ILO) to accelerate e-Shram registration for its service professionals. The initiative aims to move from the current 20% registration rate to 100% coverage for its workforce of over 59,000 partners. By integrating registration into its onboarding and training ecosystem, the company is proactive in aligning with India's Code on Social Security. This move strengthens the company's ESG profile and mitigates potential regulatory risks associated with gig worker formalization.
Key Highlights
Collaboration with ILO to achieve 100% e-Shram registration for over 59,000 service professionals.
Currently, only about 20% of the company's active partners are registered on the government portal.
Registration will be integrated into the UC partner app, training centers, and UC Mitra kiosks.
9M FY26 data reveals average monthly net earnings of INR 28,322 for active service professionals.
Existing partner benefits include life insurance up to INR 10 lacs and disability cover up to INR 6 lacs.
👀 What to Watch
Investors should view this as a positive step toward ESG compliance and regulatory de-risking in the gig economy. The healthy partner earnings data indicates a sustainable business model capable of retaining skilled service professionals.
Urban Company Shareholders Approve ESOP Scheme Amendments and Trust Route with 94.76% Majority
Urban Company Limited (URBANCO) has successfully passed four special resolutions via postal ballot, all receiving a strong 94.76% majority vote. The resolutions include amendments to the 2015 ESOP scheme and its extension to employees of subsidiary and associate companies globally. Shareholders also approved the implementation of the ESOP scheme through a Trust Route, supported by an interest-free loan from the company to the ESOP Trust. This move is designed to enhance talent retention and align employee incentives with the company's long-term growth.
Key Highlights
All four special resolutions passed with a consistent 94.76% majority of votes in favor.
ESOP benefits extended to employees of Group, subsidiary, and associate companies both in India and overseas.
Approval granted for the implementation of the ESOP Scheme 2015 via a dedicated Trust Route.
Authorization provided for an interest-free loan to the Urban Company ESOP Trust for scheme execution.
Total paid-up share capital confirmed at Rs. 146.22 crore consisting of 146.22 crore equity shares of Re 1 each.
👀 What to Watch
Investors should view this as a positive sign of shareholder confidence in management's talent retention strategy. While ESOPs can lead to minor equity dilution, the high approval rate suggests strong alignment between the board and shareholders regarding long-term incentive structures.
Urban Company's InstaHelp Crosses 50,000 Daily Bookings Within One Year of Launch
Urban Company's quick-service housekeeping vertical, InstaHelp, achieved a significant milestone by recording 51,520 bookings on February 22, 2026. Launched in March 2025, the vertical reached the 50,000 daily booking mark in less than a year, a feat that took the company's core business six years to accomplish. The service is currently operational across five major metros and focuses on high-frequency tasks with a 10-15 minute response time. Management highlighted that this growth is contributing to improved unit economics and higher repeat usage on the platform.
Key Highlights
InstaHelp recorded 51,520 bookings on Feb 22, 2026, crossing the 50k milestone in under 12 months.
The vertical achieved this scale 6x faster than Urban Company's core India Consumer Services business.
Currently operational in 5 major metros: Mumbai, Bengaluru, Delhi NCR, Hyderabad, and Pune.
Average monthly net earnings for active service professionals (ex-InstaHelp) reached INR 28,322 in 9M FY26.
Top 5% of service professionals earned an average of INR 51,673 per month during the same period.
👀 What to Watch
Investors should view this as a strong indicator of Urban Company's ability to scale high-frequency verticals and improve platform stickiness. Monitor upcoming quarterly results for the impact of InstaHelp on consolidated margins and customer acquisition costs.
RBA Shareholders Approve Preferential Issue and Capital Increase at EGM
Restaurant Brands Asia Limited (RBA) has successfully passed all four resolutions proposed at its Extra-ordinary General Meeting held on February 13, 2026. Key approvals include a preferential issue of equity shares and warrants on a private placement basis and an increase in the company's authorized share capital. While most resolutions passed with over 99% support, the proposal for granting special rights to identified shareholders saw some institutional resistance with 9.62% of total votes cast against it. Additionally, shareholders cleared the remuneration package for Group CEO Rajeev Varman with near-unanimous support.
Key Highlights
Approved preferential issue of Equity Shares and Warrants on a private placement basis with 99.57% votes in favor.
Authorized Share Capital increase and MoA alteration passed with 99.88% shareholder approval.
Special rights for identified shareholders and AoA amendments approved with a 90.38% majority.
CEO Rajeev Varman's remuneration package approved with 99.90% of total votes cast.
Total voter turnout for the meeting represented 68.15% of the company's outstanding shares.
👀 What to Watch
Investors should view the approval of the preferential issue as a positive signal for the company's growth and capital-raising capabilities. However, monitor the long-term implications of the special rights granted to specific shareholders, which faced higher institutional dissent compared to other resolutions.
RBA Approves INR 1,500 Cr Fundraise; Inspira Global to Acquire Controlling Stake
Restaurant Brands Asia (RBA) has approved a significant fundraise of approximately INR 1,500 Crores through a preferential issue of equity and warrants at INR 70 per unit. This move facilitates Inspira Global's acquisition of a controlling interest in the company, which will trigger a mandatory open offer for minority shareholders. The proceeds are earmarked for strengthening operational flexibility and funding the expansion of the Burger King and Popeyes brands. Additionally, shareholders approved increasing the authorized share capital to INR 900 Crores and amending the Articles of Association to reflect the new promoter structure.
Key Highlights
Issuance of 12.86 crore equity shares and 8.57 crore warrants at INR 70 each to raise ~INR 1,500 Crores
Inspira Global to take controlling interest, triggering a mandatory open offer for shareholders
Authorized share capital increased from INR 700 Crores to INR 900 Crores to accommodate the issue
Capital intended to support growth strategy and financial flexibility for future expansion in Asia
Approval of remuneration for Group CEO Rajeev Varman and adoption of restated Articles of Association
👀 What to Watch
Investors should monitor the formal open offer announcement and compare the INR 70 offer price with the current market price. The entry of a new strategic promoter and fresh capital is a long-term positive for the company's aggressive expansion plans.
Urban Company Faces ₹7.30 Cr GST Demand as Appellate Authority Rejects Appeal
Urban Company Limited has received an adverse order from the Commissioner (Appeals-II) CGST, Mumbai, upholding a tax demand of ₹7.30 crore for the period July 2017 to March 2022. The dispute involves the classification of housekeeping services, where the authority argues for an 18% GST rate instead of the 5% discharged by the company. Additionally, there is a dispute regarding the place of supply for platform fees collected from Maharashtra. The company intends to file a further appeal, maintaining that it has a strong legal case and that the order will not impact current operations.
Key Highlights
Appellate Authority upheld a GST demand of ₹7.30 crore plus applicable interest and penalties.
The dispute covers the period from July 2017 to March 2022 regarding service classification and tax rates.
Tax authority seeks 18% GST on housekeeping services versus the 5% currently paid by the company.
Dispute includes the taxability of platform fees in Maharashtra instead of Haryana where it was previously paid.
Urban Company plans to challenge the order before a higher appropriate authority.
👀 What to Watch
Investors should monitor the progress of the subsequent appeal as a final adverse ruling could establish a higher tax liability precedent for the company's service model. While the current demand is ₹7.30 crore, the classification dispute could have broader implications for future margins.
RBA Q3 FY26 Results: Revenue Up 16.5% to ₹577 Cr, Highest Ever EBITDA at ₹40.6 Cr
Restaurant Brands Asia reported a strong Q3 FY26 with revenue growing 16.5% YoY to INR 577 crores and its highest-ever EBITDA of INR 40.6 crores. The India business achieved a 4.5% SSSG, marking the 11th consecutive quarter of positive growth, while gross margins improved to 69.9%. The company expanded its footprint to 577 stores and is on track to reach 600 by the end of the fiscal year. In Indonesia, the Burger King business showed recovery with four quarters of positive SSSG, though the Popeyes segment remains a focus area for improvement.
Key Highlights
Revenue increased 16.5% YoY to INR 577 crores with a 4.5% SSSG in India.
Reported highest-ever company EBITDA of INR 40.6 crores, up 31.5% YoY.
Gross margins improved by 2.1% YoY to 69.9%, driven by supply chain efficiencies.
Digital adoption reached 92% of all orders, with a 47% growth in monthly active users.
Store network expanded to 577 locations, with a target of 600 stores by March 31, 2026.
👀 What to Watch
Investors should view the consistent SSSG and margin expansion as a sign of strong operational execution in a tough environment. Monitor the turnaround progress in Indonesia and the scaling of the Popeyes brand as potential future growth drivers.
