Restaurant Brands Asia Q4 Results Review: Dolat Capital Downgrades Rating To 'Sell' On Recent Stock Run-Up

Restaurant Brand Asia’s (consolidated) revenue grew by 5.9% YoY to Rs 6.3 billion in Q4 FY25. Gross margin expanded by 100 bps to 65.3% on a YoY basis. A 100/70 bps decline in raw material/ employee cost was fully offset by 180bps increase in other expenses. Consequently, Ebitda margin remained flat on YoY basis at 11.6% in Q4 FY25.Ebitda grew by 5.7% YoY to Rs 732 million in Q4 FY25. Adjusted net loss stood at Rs 604 million in Q4 F...