Restaurant Brands Asia Ltd consolidated Q1FY24 loss at Rs. 50.47 crores

Burger King India Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 617.896 crores during the period ended June 30, 2023 as compared to Rs. 518.262 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -50.477 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -73.368 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -1.02 for the period ended June 30, 2023 as compared to Rs. -1.48 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 617.896 crs	₹518.262 crs	19.22%
Net Profit	₹-50.477 crs	₹-73.368 crs	31.20%
EPS	₹-1.02	₹-1.48	31.08%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 617.896 crores during the period ended June 30, 2023 as compared to Rs.502.228 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-50.477 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-47.503 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-1.02 for the period ended June 30, 2023 as compared to Rs.-0.96 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 617.896 crs	₹502.228 crs	23.03%
Net Profit	₹-50.477 crs	₹-47.503 crs	6.26%
EPS	₹-1.02	₹-0.96	6.25%

Shares of Burger King India Limited was last trading in BSE at Rs. 118.35 as compared to the previous close of Rs. 116.80. The total number of shares traded during the day was 162551 in over 2919 trades.

The stock hit an intraday high of Rs. 119.90 and intraday low of 115.10. The net turnover during the day was Rs. 19238062.00.

Source : Equity Bulls

Keywords

RestaurantBrandsAsia Q1FY24 ResultUpdate