Westlife Foodworld Reports Over 85 Percent Decline in Quarterly Profit Following New Labour Code Charges

Westlife Foodworld reported a sharp profit decline for the quarter ended December 31. A one-time regulatory charge and local competition weighed on earnings.

Insights:
Westlife Foodworld Ltd , which serves as a McDonald's franchisee in India ININ, reported that its consolidated profit after tax for the quarter ended December 31, 2025, fell to 10.2 million rupees. This represents a decline of more than 85% from the 70.1 million rupees recorded during the same period a year earlier. The sharp decrease in profitability was primarily driven by a one-time charge of 96.9 million rupees linked to the implementation of India's new labour codes in November.
FILE PHOTO: People dine inside a McDonald's restaurant in Mumbai, India, February 26, 2024. REUTERS/Francis Mascarenhas/File Photo
FILE PHOTO: People dine inside a McDonald's restaurant in Mumbai, India, February 26, 2024. REUTERS/Francis Mascarenhas/File Photo
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