Restaurant Brands Asia

Everstone Capital sells 2.16% stake in Restaurant Brands Asia for INR 113 Cr; Mirae Asset Mutual Fund acquires stake

IndustrySeptember 20, 2024

Everstone Capital, a promoter entity, sold a 2.16 percent stake in Restaurant Brands Asia for INR 113 crore on͏͏ Wednesday͏͏ through͏͏ an͏͏ open͏͏ market͏͏ transaction.͏͏ Meanwhile,͏͏ Mirae͏͏ Asset͏͏ Mutual͏͏ Fund͏͏ acquired͏͏ a͏͏ stake͏͏ in͏͏ the͏͏ company.͏͏...

Burger King’s India operator Restaurant Brands Asia narrows Q1 loss to INR 49 Cr

NewsJuly 30, 2024

Restaurant Brands Asia, the operator of Burger King and Popeyes ͏͏in͏͏ India an͏d͏ Ind͏onesia, ͏re͏p͏o͏͏rted ͏͏a redu͏c͏ed fir͏s͏t-͏qua͏rter͏ ͏l͏͏͏oss on͏ M͏o͏nday,͏͏͏ ͏͏͏at͏͏tributin͏g th͏e ͏͏imp͏͏rovement͏͏͏ t͏͏o͏ ͏i͏ncre͏ased ͏͏c͏ustom͏er͏ ͏t͏u͏rn͏o͏͏u͏t͏ ͏d͏͏ri͏ve͏n͏ by ͏off͏ers͏ a͏nd disc͏oun͏͏ts͏. T͏he͏͏ c͏om͏͏͏p͏a͏͏n͏y͏'s conso͏li͏date͏d͏͏ net͏...

Burger King operator Restaurant Brands Asia Q3 net loss narrows to INR 39.9 Crore, despite 14.7% revenue growth

NewsJanuary 29, 2024

Restaurant Brands Asia, the company managing the Burger King restaurant chain, recorded a net loss of INR 39.93 crore in the fourth quarter of...

Cloud kitchen sector in India faces uphill battle with continued inflation and funding constraints, threatening revenue growth

NewsJanuary 24, 2024

Continued inflation and a decrease in funding for startups might pose challenges for the cloud kitchen segment in India, making it difficult to maintain...

Burger King India reports positive Q2 results with menu and store expansion

NewsNovember 9, 2023

Restaurant Brands Asia, the franchisee of Burger King India, saw a positive turn in its quarterly financials on Wednesday. The strategic addition of more...

Everstone Capital cashes in on surging market, sells 25% stake in Restaurant Brands Asia

NewsSeptember 16, 2023

Everstone Capital, the promoter of Restaurant Brands Asia, recently completed a significant transaction on Friday by selling a 25 percent stake in the company...