QSR Stocks Rally on Mixed Q3 Earnings Amid Optimism on Urban Demand Recovery
2 days agoBusiness
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8 SourcesMundra, India
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QSR Stocks Rally on Mixed Q3 Earnings Amid Optimism on Urban Demand Recovery

Shares of quick service restaurant (QSR) companies, including Westlife Foodworld and Devyani International, surged up to 13% amid strong trading volumes despite mixed quarterly earnings. Westlife Foodworld reported a 2.6% revenue rise and 10.6% EBITDA growth but an 85% net profit decline in Q3 FY26. Devyani International posted an 11.3% revenue increase but a net loss of 10.3 crore. Analysts remain cautiously optimistic on urban demand recovery and have issued buy recommendations for select stocks, including Devyani International and Emami, which reported a 14.5% profit rise.

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