WESTLIFE FOODWORLD LIMITED has informed the Exchange regarding 'The Company submits to the Stock Exchanges the Business Responsibility and Sustainability Report for the Financial year 2024-25 which also forms a part of the Annual Report for the Financial year 2024 -25.'.
WESTLIFE · price
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Westlife Foodworld, the operator of McDonald's restaurants in West and South India through its subsidiary Hardcastle Restaurants, has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25. The company runs 438 restaurants plus 1 head office across 11 states, with a consolidated turnover of ₹2,491 crore and net worth of ₹603 crore. It employs 11,144 permanent staff (61% male, 39% female), with women making up 39% of the workforce. On ESG progress, 92% of restaurants now run on Energy Management Systems (target: 100% by FY30), 99% of cooking oil is recycled, and 100% of palm oil, paper, coffee, and fish are sustainably sourced. The company reported no material fines or corruption cases, and pledged to reach net-zero greenhouse gas emissions by 2050. Customer complaints rose sharply to 5,76,918 in FY25 from 3,46,348 in FY24, mostly related to order inaccuracies and food experience.
This is a routine regulatory disclosure (BRSR) that comes with the Annual Report, so it has no direct impact on the stock price. However, it offers investors visibility into Westlife's ESG practices, operational scale (438 restaurants), and workforce structure. Rising customer complaints and a 10-day increase in accounts payable (104 to 114 days) are minor watchpoints, while strong sustainability progress and zero regulatory penalties support a stable governance profile.