WESTLIFE DEVELOPMENT LTD. - 505533 - Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Submission Of Audio Recording Of The Earnings Conference Call Held On 29Th July, 2022.
Submission of audio recording of earnings conference call for the quarter ended 30th June, 2022 held on 29th July, 2022.
Westlife Development zooms 8% as Q1 numbers beat estimates
Westlife plans to add 35-40 new restaurants in FY23 and over 200 new restaurants over the next three-four years with greater emphasis on smaller and emerging cities WESTLIFE DEVELOPMENT LTD. - 505533 - Intimation Of Appointment Of Mr. Tarun Kataria (Additional Independent Director) On The Board Of Hardcastle Restaurants Private Limited (Subsidiary Company)
In compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Regulations'), we hereby inform you that Mr. Tarun Kataria, Independent Director of the Company, has been appointed as an Additional Director (Independent Director) on the Board of the Company's material subsidiary, Hardcastle Restaurants Private Limited ('HRPL') w.e.f. 28th July, 2022, pursuant to Regulation 24(1) of the Regulations, in place and stead of Mr. P. R. Barpande, who ceased to be such Director of HRPL, each of such appointment and cessation being with effect from the close of business hours of 28th July, 2022. WESTLIFE DEVELOPMENT LTD. - 505533 - Announcement under Regulation 30 (LODR)-Investor Presentation
Westlife Development Ltd - Hardcastle Restaurants Pvt. Ltd. Q1 FY23 Earnings Presentation Q1FY23 Quarterly Result Announced for Westlife Development Ltd.
Restaurants company Westlife Development Announced Q1FY23 Result : Westlife continues its streak of record-breaking performance; posts highest ever quarterly sales of Rs. 5.38 bn in Q1 FY 23 Revenue at Rs 5,379 million, grew by 108% YoY and 18% QoQ Operating EBITDA at Rs 921 million was 18x YoY and grew 26% QoQ Operating EBIDTA margin at 17.1% vs 2% in Q1 FY22 Cash PAT of 551 million Same Store Sales Growth stood at 97% YoY Three consecutive quarters of strong performance with Rs. 60+ mn of Avg. Annualized Sales Per Store and 16%+ EBITDA margin The company witnessed a solid start to the first quarter of FY23 and recorded an all-time-high sales figure of Rs. 5,379 million, which is a strong jump of 108% YoY. Westlife witnessed strong performances for three quarters in a row with more than Rs. 60 million of Average Annualized Sales per store and over 16% EBITDA margin led by Menu innovations and Omni channel strategy. It posted a cash PAT of over Rs.551 million. The same store sales growth (SSG) saw a significant increase of 97% YoY. Mr. Amit Jatia, Vice-Chairman of Westlife Development Limited, said, “Our business performance in the last three quarters is a testament to the robust strategy we have been following as well as the trust and love we have managed to build for our iconic brand. We are proud to report our strong performance which reinforces the strength and resilience of our company. We have been making meaningful progress quarter on quarter against every strategic growth pillar of our omnichannel business, menu innovations, and store expansion plans. With a redefined cost structure, increased productivity, strong average unit volumes, and healthy restaurant cash flows, we are well-positioned to deliver accelerated business results and create long-term value for shareholders”. Result PDF WESTLIFE DEVELOPMENT LTD. - 505533 - Board Meeting Outcome for Compliance With Regulations 33 (3) And 30 Of The SEBI (LODR) Regulations, 2015; Submission Of Quarterly Financial Results For The Quarter Ended 30 June, 2022
In compliance with Regulations 33(3) and 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III Part-A, please find enclosed herewith the following: i. Consolidated Operating Performance statement for Q1 FY23. ii. Press Release dated 28th July, 2022. iii. Consolidated unaudited financial results of the Company for the quarter ended 30 June, 2022 together with the limited review report by M/s. BSR & Associates LLP, statutory auditors of the Company, as approved by the Board of Directors of the Company in its meeting held on 28th July, 2022. iv. Standalone audited financial results of the Company for the quarter ended 30th June, 2022 together with the limited review report by M/s BSR& Associates LLP, statutory auditors of the Company, as approved by the Board of Directors of the Company in its meeting held on 28th July, 2022. WESTLIFE DEVELOPMENT LTD. - 505533 - Compliance With Regulations 33 (3) And 30 Of The SEBI (LODR) Regulations, 2015; Submission Of Quarterly Financial Results For The Quarter Ended 30Th June, 2022
In compliance with Regulations 33(3) and 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III Part-A, please find enclosed herewith the following: i. Consolidated Operating Performance statement for Q1 FY23. ii. Press Release dated 28/07/2022 iii. Consolidated unaudited financial results of the Company for the quarter ended 30 June, 2022 together with the limited review report by M/s. BSR & Associates LLP, statutory auditors of the Company, as approved by the Board of Directors of the Company in its meeting held on 28th July, 2022. iv. Standalone audited financial results of the Company for the quarter ended 30th June, 2022 together with the limited review report by M/s BSR& Associates LLP, statutory auditors of the Company, as approved by the Board of Directors of the Company in its meeting held on 28th July, 2022. WESTLIFE DEVELOPMENT LTD. - 505533 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Westlife Development Limited has informed BSE regarding 'Intimation of Schedule of Earnings Conference Call and media interactions'. WESTLIFE DEVELOPMENT LTD. - 505533 - Board Meeting Intimation for To Approve The Unaudited Financials Of The Company For The Quarter Ended 30Th June, 2022.
WESTLIFE DEVELOPMENT LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2022 ,inter alia, to consider and approve Westlife Development Limited has informed BSE regarding Board Meeting of the Company which is scheduled to be held on Thursday, 28th July, 2022 titled "Intimation of Board Meeting of the Company".
Growth on track but inflation a roadblock for McDonalds, Domino's: Elara Capital
In a recent industry-wide survey, Elara Capital said it expects Q1FY23 to be a subdued quarter in terms of profitability for WLDL (Westlife Development), which owns McDonalds, and JUBI (Jubilant FoodWorks), which is the owner of Domino's, due to inflationary headwinds.