Restaurant Brands Asia Ltd Q3 FY24 consolidated loss reduces to Rs. 36.18 crores

Burger King India Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 607.729 crores during the period ended December 31, 2023 as compared to Rs. 628.183 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -36.181 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -46.025 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -0.73 for the period ended December 31, 2023 as compared to Rs. -0.93 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 607.729 crs	₹628.183 crs	-3.26%
Net Profit	₹-36.181 crs	₹-46.025 crs	21.39%
EPS	₹-0.73	₹-0.93	21.51%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 607.729 crores during the period ended December 31, 2023 as compared to Rs.534.302 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-36.181 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-50.417 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-0.73 for the period ended December 31, 2023 as compared to Rs.-1.02 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 607.729 crs	₹534.302 crs	13.74%
Net Profit	₹-36.181 crs	₹-50.417 crs	28.24%
EPS	₹-0.73	₹-1.02	28.43%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1853.808 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1571.976 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-132.683 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-147.865 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-2.68 for the 9 Months period ended December 31, 2023 as compared to Rs.-3 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1853.808 crs	₹1571.976 crs	17.93%
Net Profit	₹-132.683 crs	₹-147.865 crs	10.27%
EPS	₹-2.68	₹-3	10.67%

Shares of Burger King India Limited was last trading in BSE at Rs. 114.20 as compared to the previous close of Rs. 117.55. The total number of shares traded during the day was 749454 in over 5237 trades.

The stock hit an intraday high of Rs. 119.95 and intraday low of 113.45. The net turnover during the day was Rs. 87069870.00.

Source : Equity Bulls

Keywords

RestaurantBrandsAsia Q3FY24 9MFY24 ResultUpdate