Jubilant And Westlife

Westlife Foodworld Q2 results: Net profit declines 98.4% to Rs 35.78 lakh

The company had posted a consolidated profit after tax (PAT) of Rs 22.37 crore in the corresponding quarter previous fiscal, Westlife Foodworld Ltd (WFL) said in a regulatory filing

Multiple triggers to help Westlife Development maintain outperformance

Sales uptick in dine-in and delivery channels, new products and gradual royalty hikes are positives

Online food aggregators could keep QSRs hungry, dent stock performance

Despite a high base of 24-26 per cent in the June 2018 quarter (Q1FY19), analysts expect Jubilant and Westlife to report 6-8 per cent same-store sales growth (SSG) in Q1FY20

Sales growth to double Jubilant FoodWorks, Westlife Development margins

Improving operating leverage will boost profitability over next 3 years

Volume growth to spice up gains for Jubilant, Westlife

Expectations of high same-store sales growth and improving margins led to higher investor appetite