Restaurant Brands Asia Q3 FY26: Revenue Up, Net Loss Widens Amidst Strategic Revisions
Restaurant Brands Asia reported consolidated revenue of ₹21,158.02 million for the nine months ended December 31, 2025, up from ₹19,181.71 million. The consolidated net loss widened to ₹1,567.02 million. The Board approved revised amendments to the Articles of Association and special rights for identified shareholders, subject to shareholder approval.
The financial results show mixed performance with increased revenue but also a wider loss. The proposed amendments to the Articles of Association and changes in promoter status could have a significant long-term impact on corporate governance and control, contingent on shareholder approval.
While revenue saw an increase, the net loss also widened. The company is undergoing significant corporate actions related to changes in shareholding and Articles of Association, which introduces complexity. The financial performance is mixed, and the corporate restructuring is still subject to approvals.
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. The company's Board of Directors, in a meeting held on February 03, 2026, approved these results.
For the nine months ended December 31, 2025, consolidated revenue from operations stood at ₹21,158.02 million, an increase from ₹19,181.71 million in the same period last year. However, the consolidated loss for the period widened to ₹1,567.02 million from ₹1,723.53 million in the prior year. Standalone revenue from operations for the nine months was ₹16,982.62 million, up from ₹14,779.85 million, with a standalone loss of ₹388.19 million compared to ₹621.54 million in the previous year.
The Board also re-considered and approved revisions to amendments to the Articles of Association and special rights to be granted to identified shareholders, subject to shareholder approval. These revisions pertain to the share purchase agreement dated January 20, 2026, and include changes in director nomination rights based on shareholding thresholds, appointment of alternate directors, and the right to appoint the chief executive officer. The company will issue a corrigendum to the notice of the extraordinary general meeting in this regard.
Additionally, an exceptional item of ₹22.52 million was recorded due to the implementation of new Labour Codes impacting gratuity and long-term compensated absences. The meeting commenced at 02:22 p.m. (IST) and concluded at 04:42 p.m. (IST). The financial results are available on the company's website and the websites of BSE and NSE.
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