Burger King operator Restaurant Brands Asia Ltd.'s stock price soared as high as 15% after the company's net loss for the first quarter of the financial year 2027 narrowed.
RBA posted a consolidated net loss of Rs 28.3 crore, compared to a loss of Rs 41.9 crore in the year-ago period. Revenue jumped 18% to Rs 823 crore from Rs 698 crore.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) surged 37.6% to Rs 100 crore from Rs 72.8 crore, and Ebitda margins expanded to 12.2% from 10.4%.
ALSO READ: LIC Shares Tumble 8% As Govt Launches OFS To Sell Up To 6.5% Stake
RBA scrip pared some gains to trade 10.8% higher at Rs 78.40 apiece on the NSE as of 10:45 a.m., compared to a 0.78% decline in the benchmark Nifty index.
The share price has risen over 28% year-to-date, but fallen nearly 1% in the last 12 months.
Restaurant Brands Q1 (Cons, YoY)
- Net loss at Rs 28.3 crore versus loss of Rs 41.9 crore.
- Revenue up 17.9% to Rs 823 crore versus Rs 698 crore.
- Ebitda up 37.6% to Rs 100 crore versus Rs 72.8 crore.
- Ebitda margin at 12.2% versus 10.4%.
In its preview of the Q1 results, Motilal Oswal said that RBA's stock may register a 75% going ahead. The Burger King India operator maintained industry-leading same-store sales growth at 13%, well supported by healthy traction across both dine-in and delivery channels, aided by value offerings, adds the brokerage.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
