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WESTLIFE Westlife Foodworld News Story

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McDonald's India operator profit rises as cheaper menu attracts cost-conscious consumers

May 14 (Reuters) - Westlife Foodworld WEST.NS, the operator of McDonald's MCD.N in parts of India, reported a jump in profit on Wednesday, as its cheaper menu items attracted budget-conscious consumers.

The restaurant operator posted consolidated profit after tax of 15.2 million Indian rupees ($178,163.28) for the fourth quarter ended March 31, compared with profit after tax of 7.6 million rupees a year ago.

($1 = 85.3150 Indian rupees)

 (Reporting by Praveen Paramasivam in Chennai and Shivani Tanna in Bengaluru)

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

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