Audited Standalone & Consolidated financial results of the quarter and year ended on March 31, 2026
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Restaurant Brands Asia (Burger King India) reported audited results for FY26. Standalone revenue grew 15.4% to Rs 22,717 million from Rs 19,678 million, while consolidated revenue rose 10.9% to Rs 28,284 million from Rs 25,507 million. However, the company continues to report significant losses: standalone loss widened to Rs 1,591 million from Rs 876 million, though consolidated loss narrowed to Rs 2,011 million from Rs 2,328 million (13.6% improvement). Exceptional items of Rs 1,223 million included Rs 1,200 million impairment of investment in Indonesian subsidiary PT Sari Burger Indonesia. The auditor issued an unmodified (clean) opinion. Operating cash flows remained positive at Rs 3,027 million for consolidated, but cash position dropped sharply from Rs 5,343 million to Rs 306 million due to heavy investing outflows (capex and intercompany loans).
The company shows improving consolidated profitability but widening standalone losses are concerning. The Rs 1,200 million subsidiary impairment signals challenges in Indonesia operations. The sharp reduction in cash reserves could limit future expansion flexibility, though positive operating cash flows indicate underlying business generating cash despite accounting losses.