McDonald's India operator Westlife posts narrower quarterly loss
Today 08:05
McDonald's India operator Westlife posts narrower quarterly loss Oct 23 (Reuters) - Westlife Foodworld WEST.NS, which operates some McDonald's MCD.N restaurants in India, posted a narrower quarterly loss on Friday.
The franchisee said loss before tax and exceptional items stood at 26.95 million rupees ($283,900.87) for the second quarter ended September 30 against a loss of 158.5 million rupees a year earlier.
($1 = 94.9275 Indian rupees)
(Reporting by Praveen Paramasivam in Chennai and Aishwarya Jain in Bengaluru; Editing by Harikrishnan Nair)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
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