McDonald's India operator misses profit estimates as competition bites

Westlife Foodworld

23/07/2025 09:48

July 23 (Reuters) - Westlife Foodworld WEST.NS, a McDonald's MCD.N franchisee in India, missed quarterly profit estimates on Wednesday, as restaurant chains faced stiff competition from local cafes and online kitchens.

The restaurant operator posted a consolidated profit after tax of 12.3 million rupees ($142,303) for the first quarter ended June 30, compared with a profit after tax of 32.5 million rupees a year ago.

Analysts had expected 50.8 million rupees of profit, according to data compiled by LSEG.

($1 = 86.4350 Indian rupees)

 (Reporting by Praveen Paramasivam in Chennai and Ananta Agarwal in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Ananta.agarwal@thomsonreuters.com;))