Business Standard

Friday, January 03, 2025 | 06:46 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

We are seeing a revival in consumer sentiment, says Westlife's Amit Jatia

Amit Jatia, vice-chairman, Westlife Development, tells Viveat Susan Pinto what has helped the firm post these numbers, and the way forward

Amit Jatia, vice-chairman, Westlife Development,
Premium

Amit Jatia, vice-chairman, Westlife Development,

Viveat Susan Pinto
Westlife Development, which runs McDonald’s restaurants in the west and south of India, reported its tenth consecutive quarter of same-store sales growth (SSG), at 20.7 per cent for the three months ended December 2017 — among the highest in the domestic fast-food space. Year-on-year revenue growth was also high at 26.2 per cent, with the company posting its third straight quarter of positive profit after tax (PAT), coming at a time when McDonald’s restaurants in the north and east territories, led by Vikram Bakshi, have suffered on account of a dispute between the two partners. Amit Jatia, vice-chairman, Westlife Development,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in