India's Westlife Foodworld drops on Q1 profit drop
BUZZ-India's Westlife Foodworld drops on Q1 profit drop ** Shares of Westlife FoodworldWEST.NS fall as much as 3.5% to 472 rupees
** McDonald's MCD.N restaurants operator in west and south India's Q1 profit after tax dropped 52% to 5.9 million rupees y/y
** Q1 rev jumped 11.4% while expenses rose about 12%
** Twenty two analysts have a "hold" rating on avg; median PT is 536 rupees - data compiled by LSEG
** YTD, WEST down 11.5%
(Reporting by Urvi Dugar in Bengaluru)
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Brief: Westlife Foodworld Q1 Consol PAT 5.9 Million Rupees