Restaurant Brands Asia Q2 Loss Narrows to ₹19.58 Crore, Revenue Jumps 20% YoY
Restaurant Brands Asia reported a consolidated net loss of ₹19.58 crore for the July‑September quarter of FY27, compared with a loss of ₹58.6 crore in the same period of FY26. Consolidated revenue from operations increased to ₹844.85 crore, a 20.12% year‑on‑year rise from ₹703.42 crore in the corresponding quarter of the preceding fiscal year. Burger King India contributed 83% of revenue, Burger King Indonesia 15%, and Popeyes Indonesia 2%.
Operating profit, measured as EBITDA, rose more than 73% year‑on‑year to ₹91.8 crore in Q2 FY27, up from ₹53 crore in the September quarter of FY26. The increase was driven by Burger King India, which recorded a 14% same‑store sales growth (SSSG) and benefited from network expansion. Burger King Indonesia also showed a revival attributed to strategic initiatives.
Rajeev Varman, Whole‑time Director and Group Chief Executive Officer of Restaurant Brands Asia, said the quarter had been robust for Burger King India. He highlighted the 14% SSSG and network expansion as key drivers of revenue growth and profitability. Varman also announced that Sumit Zaveri will continue to lead the India business, reporting directly to him, and that future priorities would remain focused on sales growth, cost efficiencies and expanding the restaurant footprint.
The company’s equity shares closed 2.86% lower at ₹92.23 on the National Stock Exchange on Thursday, October 29, after the results were declared post‑market. Over the week, the shares had risen 7%, and they have climbed more than 45% year‑to‑date. The stock reached a 52‑week high of ₹111.15 on August 24, 2026, and had touched a year‑low of ₹57.15 on March 30, 2026. As of October 29, 2026, the firm’s market capitalisation stood at ₹6,568.79 crore.
Restaurant Brands Asia’s market capitalisation, as reported by NSE data on October 29, 2026, was ₹6,568.79 crore. The company’s financial performance, with a narrowed loss and a 20% rise in revenue, reflects changes in its core Burger King operations in India and Indonesia. The management’s focus on sales growth, cost control and network expansion is noted in the earnings release.