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Restaurant Brands Asia (RBA) investor relations material
Restaurant Brands Asia Q1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
India business reported 12.6% revenue growth year-over-year, with strong dine-in traffic and 63 net new restaurants added over the past year.
Restaurant EBITDA rose 23% and company EBITDA increased 28.6% compared to the same quarter last year.
Indonesia operations showed positive momentum, with Burger King achieving positive store-level EBITDA for the first time in several quarters, though overall revenue declined 7.3% YoY due to store closures.
Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, with continued losses at both levels.
Limited review reports from auditors found no material misstatements in the financial disclosures.
Financial highlights
India revenue from operations grew 12.6% YoY to ₹5,522.92 million, with SSSG at 2.6%.
Standalone net loss for the quarter was ₹115.69 million, improving from a loss of ₹269.45 million in the same quarter last year.
Consolidated revenue from operations reached ₹6,977.23 million, compared to ₹6,466.86 million year-over-year.
Consolidated net loss was ₹454.30 million, compared to a loss of ₹521.89 million in the same quarter last year.
Restaurant EBITDA margin in India improved by 0.8% year-over-year to 9.7%.
Outlook and guidance
Guidance to add 60–80 restaurants annually in India, targeting ~800 by FY29 and a gross profit margin of 70%.
Expectation of continued positive dine-in traffic and margin improvements as cost initiatives scale.
Indonesia to continue rationalizing store portfolio and piloting new fast-casual models for Popeyes.
Management continues to focus on expansion and operational improvements, with capital allocated for new restaurant openings in India.
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