Restaurant Brands Asia announced Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- Q4FY24 Rs 4,391 million against Q4 FY23 Rs 3,649 million; grew by 20.3%; SSSG 1.9%
- Co. EBITDA (Pre Ind AS 116) of Rs 106 million in Q4FY24; 96% increase YoY
- 16 restaurants opened in Q4FY24 and 2 restaurants closed in Q4FY24
FY24 Financial Highlights:
- FY24 Rs 17,601 million against FY23 Rs 14,397 million, grew by 22.3%, SSSG 2.9%
- Highest ever Co. EBITDA (Pre Ind AS 116) of Rs 753 million in FY24; 109% increase YoY
- Opened net 64 restaurants in FY24
- 455 operational restaurants as on Mar 31, 2024 with 351 BK Cafés