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By Manu Vardhan Kannan
Published on August 5, 2026
Restaurant Brands Asia Limited (RBA), one of India's leading quick-service restaurant (QSR) operators, has reported strong financial results for the first quarter ended 30 June 2026, driven by higher revenues, improved profitability and steady network expansion.
During the quarter, the company's consolidated restaurant network expanded to 752 outlets, with nine new restaurants added in India since 31 March 2026.
On a consolidated basis, revenue from operations increased 17.9% year-on-year to ₹8,226 million, while Company EBITDA (Pre-Ind AS 116) surged 265.7% to ₹435 million, compared to ₹119 million in the same quarter last year.
The India business delivered an even stronger performance. Burger King India recorded a same-store sales growth (SSSG) of 12.6%, its highest level in the past 15 quarters. The company also achieved its highest-ever quarterly revenue and EBITDA.
Standalone revenue from operations rose 23.6% year-on-year to ₹6,829 million. Restaurant EBITDA (Pre-Ind AS 116) grew 68.1% to ₹900 million, with margins improving from 9.7% to 13.2%. Meanwhile, Company EBITDA (Pre-Ind AS 116) increased 133.6% to ₹527 million, with margins expanding from 4.1% to 7.7%.
Alongside its quarterly performance, Restaurant Brands Asia announced the completion of Inspira Global's acquisition of a controlling 42% stake in the company.
As part of the transaction, Inspira Global, which owns leading home-grown QSR brands including Chinese Wok, has invested ₹1,050 crore through the issuance of fresh equity shares and warrants. Upon exercising the warrants, the company will invest an additional ₹450 crore, increasing its shareholding in Restaurant Brands Asia to 48%.
The fresh capital is expected to strengthen the company's balance sheet and provide greater financial flexibility to support restaurant expansion, brand-building initiatives, digital capabilities and long-term growth plans.
Commenting on the results, Rajeev Varman, Whole-time Director and Group Chief Executive Officer of Restaurant Brands Asia, said:
“Q1 FY27 has been an important milestone in our journey towards sustainable and profitable growth in India. We have built upon positive momentum from the second half of last year and delivered strong growth in restaurant and company operating profits. Our continued focus on value, menu innovation, digital capabilities and disciplined execution enabled us to achieve our strongest quarterly SSSG in the last fifteen quarters. Burger King Indonesia business is also improving, with higher Restaurant EBITDA. Our new promoter Inspira Global brings deep industry expertise and a strong understanding of the food service business. Together, we are focused on improving operational efficiency, accelerating growth and creating long-term value for our shareholders.”
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