India's Restaurant Brands Asia gains after quarterly loss narrows

Restaurant Brands Asia

04/08/2026 05:58

** Shares of India's Restaurant Brands Asia RESR.NS rise as much as 15% to 81.35 rupees, their highest level since June 25, 2026; last up 11.1% 
** Stock on track for its biggest intraday percentage gain since May 18, 2023
** Indian Burger King operator reports June-quarter loss narrows to 31.74 million rupees from 115.69 million rupees a year earlier
** Revenue from operations rises 23.5% Y/Y in the quarter
** More than 31.2 million shares change hands, about 4.3x the 30-day average volume - LSEG compiled data
** Stock rated "buy" on average by 12 analysts; median PT is 89 rupees - LSEG compiled data
** Stock up 25% YTD

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))