Westlife Foods sinks more than 6% on NSE after Q2FY20 earnings show net profit plunged 98.5%

The Westlife Foodworld, India's master franchise holding company of McDonald's, fell nearly 5 per cent on the NSE (National Stock Exchange) after the company announced its earnings report for the second quarter of FY2015 and revealed that for the quarter under review Net profit declined by 98.5 percent.

Shares of Westlife Food World achieved opening price of Rs 799.95 per share on NSE (National Stock Exchange); The stock touched the day's low of Rs 752.05 per share on Indian stock exchanges.

Shares of Westlife Foodworld hit an all-time high of Rs 1,024.95 per share and 52-week high of Rs 957.00 per share on Indian stock markets. The shares were currently trading around Rs 763.80 per share in the Indian stock market.

Westlife Foodworld Q2 FY25

Westlife Foodworld Ltd, owner-operator of McDonald's restaurants in west and south India, reported a 98.4 per cent decline in consolidated profit after tax to Rs 35.78 crore for the second quarter ending September 2024 due to higher expenses and slow in-store business. of. Lakh, on Thursday.

PAT Q2 FY25

According to a regulatory filing by Westlife Foodworld Ltd (WFL), the company had reported a consolidated profit after tax (PAT) of Rs 22.37 crore for the corresponding quarter of the last financial year.

EBITDA Q2 FY25

For the quarter, the company's operating earnings before interest, taxes, depreciation and amortization (EBITDA) declined 20.7 per cent year-on-year to Rs 79 crore.

Operating EBITDA declined to 12.8 percent from 16.2 percent during the same period last year. Meanwhile, net profit margin shrank even further, to 0.1 percent from 3.6 percent during the same period last year.

total expenditure

At Rs 623.77 crore, total expenditure was higher than Rs 587.82 crore in the same period last year.