Westlife Foodworld Q2 FY27 Results: Consolidated Net Loss ₹2.04 Crore on Total Income of ₹753 Crore

Summary

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Revenue from operations rose 16.3% year on year to ₹746.73 crore, while other income fell 45.2% to ₹5.86 crore. Other income is now 0.8% of total income, so the top line is almost entirely operating revenue.

Finance costs were ₹40.00 crore, or 5.3% of total income, up 10.2% from ₹36.29 crore a year earlier. Depreciation rose 7.8% to ₹61.90 crore, which is 8.2% of total income.

The quarter's loss before tax was ₹2.70 crore, and a tax credit of ₹0.66 crore brought the net loss to ₹2.04 crore. The year-earlier quarter's profit of ₹27.71 crore followed a tax charge of ₹9.24 crore and included the exceptional items the notes describe: a gain of ₹58.17 crore on a redevelopment transaction of a Mumbai store property, and an impairment of ₹5.36 crore on an investment, which the notes say was booked by the subsidiary Hardcastle Restaurants Private Limited. Netted, the two came to ₹52.81 crore.

Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.

Standalone total income was ₹34.65 lakh, made up of ₹29.42 lakh of net gain on fair value changes and ₹5.23 lakh of other income. The quarter ended 30 Jun 2026 showed total income of ₹6.63 crore, including dividend income of ₹6.29 crore. The notes say the shareholders of the subsidiary Hardcastle Restaurants Private Limited approved a final dividend for FY 2025-26 on 18 Jun 2026, and that this dividend has been considered as revenue from operations.

Expenses of ₹34.05 lakh, including finance costs of ₹0.14 lakh, left a profit before tax of ₹0.60 lakh, against a loss of ₹13.25 lakh a year earlier. Tax was nil in every period shown. Basic EPS was ₹0.00, against ₹0.40 in the previous quarter and a loss of ₹0.01 a year earlier.

For the half year to 30 Sep 2026, standalone profit before tax was ₹6.23 crore, against ₹14.39 crore a year earlier. Interim dividend paid in the half year was ₹5.99 crore, against ₹11.70 crore in the half year to 30 Sep 2025.

Inference

In a filing on 23 Oct 2026, the company submitted unaudited consolidated and standalone results for the quarter and half year ended 30 Sep 2026, approved by the board on 23 Oct 2026. The statutory auditors, SR B C & Co LLP, carried out a limited review of both; their standalone report found nothing to suggest a material misstatement, and their consolidated report relies on another auditor's review of one subsidiary, with the conclusion not modified for that reliance.

The filing gives no reason for the move in consolidated profit before tax from ₹78.80 lakh in the quarter ended 30 Jun 2026 to a loss of ₹2.70 crore in this quarter, and it gives no effect of the new labour codes on these quarters.

Reference: Original filing (PDF)