Restaurant Brands Asia Q3 FY26 Results: Net Loss Widens to ₹70.38 Crore
Restaurant Brands Asia reported a consolidated loss before tax of ₹479.43 crore for Q3 FY26, an increase from ₹547.10 crore in Q3 FY25. The company also approved revised amendments to its Articles of Association and special rights for identified shareholders, subject to shareholder approval.
The financial results show a negative trend with increased losses. Additionally, the proposed changes to the Articles of Association and special rights for certain shareholders could have a medium-term impact on corporate governance and strategic direction.
The company reported a widening loss on a consolidated basis for the quarter and nine months ended December 31, 2025, indicating a negative financial performance.
Restaurant Brands Asia Limited (formerly Burger King India Limited) announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, following a Board meeting held on February 03, 2026. The company reported a standalone loss before tax of ₹70.38 crore for the quarter, compared to a loss of ₹186.28 crore in the same period last year. For the nine months ended December 31, 2025, the standalone loss before tax stood at ₹388.19 crore.
On a consolidated basis, the company reported a loss before tax of ₹479.43 crore for the quarter ended December 31, 2025, widening from ₹547.10 crore in the corresponding quarter of the previous year. The consolidated loss before tax for the nine months ended December 31, 2025, was ₹1,567.02 crore.
The Board also reconsidered and approved revisions to the amendments to the Articles of Association and the special rights to be granted to identified shareholders, including Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, Mr. Aayush Madhusudan Agrawal (collectively, 'Acquirers'), and Inspira Agro Trading LLC ('IATL'). These revisions are subject to shareholder approval and are related to the share purchase agreement and securities subscription agreement executed on January 20, 2026. The changes include modifications to director nominations based on shareholding thresholds, appointment of alternate directors, and the right to appoint the Chief Executive Officer.
An exceptional item of ₹22.52 million was recorded due to the implementation of new Labour Codes in India, which amended the definition of 'wages'. This impact is considered non-recurring.
The meeting commenced at 02:22 p.m. IST and concluded at 04:42 p.m. IST.
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