Westlife Development March-qtr net loss at Rs 6.53 cr

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26 Aug, 2025 12:21

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Restaurant chain operator Westlife Development today reported a consolidated net loss of Rs 6.53 crore for the quarter ended March 31, 2016.

The company, which operates McDonald's restaurants in West and South markets through its subsidiary Hardcastle Restaurants, had reported a loss of Rs 9.78 crore in the same quarter a year-ago, Westlife Development said in a statement.

Company's total revenues on consolidated basis during the quarter under review was Rs 212.62 crore as against Rs 180.78 crore in same period of the last fiscal.

For the fiscal year ended March, net profit stood at Rs 2.83 crore. The company had reported a net loss of Rs 29.11 crore for the same period a year earlier.

Total revenues stood at Rs 856.83 crore for the recently-concluded fiscal as against Rs 764.33 crore in 2014-15.