Mcdonald's India

Focus on volumes, even if average ticket size of orders falls: Akshay Jatia

Westlife Foodworld CEO Akshay Jatia says the focus is now on driving volumes, digital adoption and customer frequency as McDonald's targets 600 stores by 2027

McDonald's operator target price cut after Q2 results; check outlook

Westlife Foodworld shares fell as analysts cut the target price of the stock after it reported its September quarter earnings

McDonald's Corporation opens largest office outside US in Hyderabad

This makes it the fast-food chain's largest office outside the US

Healthy push: McDonald's, Bollywood, cricket fuel wellness craze in India

Protein has been infused into cottage cheese - a vegetarian favourite - as well as ice creams, water, chips and 60-cent tiny bottles of blueberry milkshakes. Indian flatbreads are next

Westlife Foodworld Q1 results: PAT dips 62% despite rise of 6% in sales

Westlife Foodworld, operator of McDonald's restaurants in West and South India, on Wednesday reported a decline of 62.5 per cent in its consolidated net profit to Rs 1.22 crore in the June quarter. The company had reported a consolidated net profit of Rs 3.25 crore in the April-June quarter a year ago, according to a regulatory filing from Westlife Foodworld. However, its sale rose 6.45 per cent to Rs 653.25 crore in the June quarter of FY26. In the year-ago period, the same stood at Rs 613.64 crore. Total expenses of Westlife Foodworld in the June quarter climbed 7.43 per cent to Rs 662.78 crore. Westlife Foodworld's total income, which includes other incomes, increased 7 per cent to Rs 664.44 crore in the June quarter In a separate filing, Westlife Foodworld informed that its board in a meeting held on Wednesday approved an interim dividend of 75 paise per equity share of face value of Rs 2 each for FY26. This is on the basis of the financial performance by the company in the J

CPRL to double McDonald's store count to 600 by 2030, invest up to $150 mn

Connaught Plaza Restaurants Pvt Ltd (CPRL), the master franchiser for McDonald's restaurants in India for north and east regions, has plans to invest up to USD 150 million (Rs 1,280.7 crore) in next three to four years for expansion of network of quick service restaurant outlets, said a top company official. It has plans to take the store count by 300 by the end of this year from its existing 245 and then double it in the next three to four years from there, as part of its aggressive expansion plans, said Anant Agarwal, Vice Chairman- MMG Group & CPRL. Besides, CPRL, part of USD 1.2 billion MMG Group, is also expanding McCafe, the in-restaurant caf brand of McDonald's, from its 125 outlets presently to 200 by the end of this year. The group, which acquired CPRL in 2020 following a bitter tussle between the Chicago-based QSR (quick service restaurant) major and its former Indian partner, is modernising the existing stores and upgrading them to the EOTF (experience of the future) ...

McDonald's partners with T'gana govt for global office in Hyd, to hire 2K

The Telangana government on Wednesday announced a major partnership with global fast-food chain McDonald's, which will set up its Global Office in Hyderabad. The Global Office is being planned with an initial headcount of 2,000 employees, a release from the CMO said. Telangana Chief Minister A Revanth Reddy and McDonald's Chairman and CEO Chris Kempczinski closed a major partnership spanning several areas, including McDonald's investing in the Global Capability Centre (GCC), it said. "In a meeting with McDonald's Chairman and CEO Chris Kempczinski, who was accompanied by Skye Anderson, President Global Business Services, Jon Banner, Chief Global Impact officer and Deshant Kaila, Head, GBS India, the two sides reached a final agreement," the release said. CM Revanth Reddy expressed delight that McDonald's Global Office in India was going to be located in Hyderabad, after he personally ensured the state gave the best offering to the multinational to ensure a positive outcome in the .

Westlife Foodworld share price up 3% on elevating Akshay Jatia as CEO

Westlife FoodWorld stock rose after it elevated Akshay Jatia, presently executive director (whole-time director) as chief executive officer (CEO), in place of Amit Jatia, effective March 19

McDonald's India operator Westlife Q3 PAT falls 59% as consumers spend less

The restaurant operator's consolidated profit after tax stood at Rs 7.01 crore ($810,123.66) for the three months to Dec. 31, lower than Rs 17.25 crore a year ago

McDonald's sees sales slump in India amid ongoing Israel-Gaza conflict

McDonald's India faces a steep sales decline due to geopolitical turmoil in West Asia, with some stores in West and South India seeing sales drop to less than half of pre-crisis levels

McDonald's global sales fall more than expected on muted demand: Report

McDonald's CEO Chris Kempczinski said the company was focused on affordability as customers continue to be mindful about spending

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

Turning the tables: How quick service restaurants are tackling slowdown

While high levels of food inflation continue to impact raw material prices, lingering effects of inflation are making consumers pull back on discretionary spends, lending to the sector's slowdown

Westlife Foodworld posts Q1 profit drop on higher costs, weak demand

Revenue from operations was little changed at Rs 616 crore

McDonald's can't use term 'Big Mac' for poultry products rules Europe court

The ruling can be appealed to the Court of Justice of the European Union, Europe's highest

McDonald's can't use term 'Big Mac' for poultry products rules Europe court

The ruling can be appealed to the Court of Justice of the European Union, Europe's highest

Burger King to launch $5 value meal, offering planned ahead of McDonald's

The company's existing value offerings include a $2.99 chicken wrap and a $5 deal that includes two Whopper Jr. burgers

McDonald's misses profit estimates as consumers turn budget-conscious

McDonald's faced backlash from its franchises in some Muslim countries in October following a move by the company's Israeli restaurants to give free meals to the Israeli military

McDonald's set for weak sales growth amid muted fast-food traffic in US

'We expect traffic to continue to be negative, believe the average check will remain under pressure from the heavy discounting to recover lower-income consumer traffic,' BTIG analyst Peter Saleh said

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