Restaurant Brands Asia narrows Q4 loss to ₹60 crore; revenue up 6% on store expansion

Restaurant Brands Asia Ltd, the operator of Burger King and Popeyes in India, on Monday (May 19) reported a net loss of ₹60.4 crore for the fourth quarter that ended March 31, 2025.

In the corresponding quarter of the previous fiscal, Restaurant Brands Asia posted a net loss of ₹92 crore. The company’s revenue from operations increased 5.9% to ₹632.5 crore as against ₹597.1 crore in the corresponding period of the preceding fiscal.

At the operating level, EBITDA was up 6.1% to ₹73.2 crore in the fourth quarter of this fiscal over ₹69 crore in the corresponding period in the previous fiscal. EBITDA margin was flat at 11.6%.

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Restaurant Brands Asia reported that Burger King India’s restaurant count reached 513 at the end of Q4 FY25, reflecting an addition of 58 outlets compared to the same period last year.

The company also expanded its café footprint, adding 113 BK Cafés across existing and new locations, bringing the total café count to 464. Same-store sales grew by 5.1% during the quarter, driven by a continued focus on value offerings.

Rajeev Varman, Whole-time Director and Group Chief Executive Officer of Restaurant Brands Asia, said, “I am proud of the efforts of our teams who helped drive growth in sales and another quarter of improved profitability. We have introduced attractive value offerings that have helped our performance, especially in dine-in traffic and sales.

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We aim to leverage our strong customer value proposition and stride ahead with our restaurant growth strategy. From a development standpoint, we will continue to expand our footprint across the country and increase our Burger King restaurants in India from 513 to around 800 by FY29.”

The results came after the close of the market hours. Shares of Restaurant Brands Asia Ltd ended at ₹81.83, down by ₹0.46 or 0.56% on the BSE.