Burger King India operator RBA posts 24% Q1 revenue growth; Motilal Oswal retains ₹125 target
Restaurant Brands Asia’s India operations recorded 24% year-on-year revenue growth in the June quarter, alongside 12.6% same-store sales growth and a 14% increase in store count. Motilal Oswal reiterated its Buy call and retained a ₹125 target price.
Burger King India operator Restaurant Brands Asia reported stronger-than-expected Q1 performance, with India revenue up 24%, store count up 14% and 12.6% same-store sales growth. Motilal Oswal reiterated Buy and retained its Rs 125 target price.
Why this matters
The result follows recent Q1 signals citing 18% revenue growth, a narrower loss, and record revenue and EBITDA at Restaurant Brands Asia.
Retail-company signals are accelerating, up +199443% QoQ.