Restaurant Brands Asia Ltd Q3 FY23 consolidated loss widens to Rs. 50.41 crores

Burger King India Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 534.302 crores during the period ended December 31, 2022 as compared to Rs. 535.446 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -50.417 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -49.945 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -1.02 for the period ended December 31, 2022 as compared to Rs. -1.01 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹534.302 crs	₹535.446 crs	-0.21%
Net Profit	₹-50.417 crs	₹-49.945 crs	0.95%
EPS	₹-1.02	₹-1.01	0.99%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.534.302 crores during the period ended December 31, 2022 as compared to Rs.438.80 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-50.417 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-22.682 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-1.02 for the period ended December 31, 2022 as compared to Rs.-0.59 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹534.302 crs	₹438.80 crs	21.76%
Net Profit	₹-50.417 crs	₹-22.682 crs	122.28%
EPS	₹-1.02	₹-0.59	72.88%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1571.976 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1103.376 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-147.865 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-128.854 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-3 for the 9 Months period ended December 31, 2022 as compared to Rs.-3.36 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1571.976 crs	₹1103.376 crs	42.47%
Net Profit	₹-147.865 crs	₹-128.854 crs	14.75%
EPS	₹-3	₹-3.36	10.71%

Shares of Burger King India Limited was last trading in BSE at Rs. 106.65 as compared to the previous close of Rs. 106.40. The total number of shares traded during the day was 58391 in over 907 trades.

The stock hit an intraday high of Rs. 107.30 and intraday low of 105.65. The net turnover during the day was Rs. 6236342.00.

Source : Equity Bulls

Keywords

RestaurantBrandsAsia Q3FY23 9MFY23 ResultUpdate