Standalone Financial Results (₹ in millions, except per share data)

Quarterly Performance (Q1 FY27)

  • Revenue from operations: ₹3,283.85
  • Other income: ₹17.39
  • Total income: ₹3,301.24
  • Expenses:
  • Cost of food and beverages consumed: ₹1,179.88
  • Employee benefits expense: ₹612.46
  • Other expenses: ₹959.11
  • Total expenses: ₹2,751.45
  • EBITDA: ₹549.79
  • Finance costs: ₹175.45
  • Depreciation and amortization expense: ₹313.02
  • Profit before tax: ₹61.32
  • Tax expense: ₹0 (No current tax, adjustment of prior years tax, or deferred tax)
  • Profit after tax: ₹61.32
  • Other comprehensive loss: ₹(1.03) [Remeasurement losses on defined benefit plan ₹(1.38) net of tax effect ₹0.35]
  • Total comprehensive income: ₹60.29
  • Paid-up equity share capital (Face value ₹5 each): ₹195.43
  • Earnings per equity share:
  • Basic: ₹1.57
  • Diluted: ₹1.55

Comparative Performance

| Particulars | Jun-26 | Mar-26 | Jun-25 | FY26 |

| Revenue from operations | 3,283.85 | 2,782.35 | 2,289.36 | 10,254.04 |

| Profit/(Loss) after tax | 61.32 | (113.54) | (169.56) | (585.64) |

| Total comprehensive income/(loss) | 60.29 | (115.24) | (169.77) | (589.76) |

| Basic EPS (₹) | 1.57 | (2.91) | (4.34) | (15.00) |

Consolidated Financial Results (₹ in millions, except per share data)

Quarterly Performance (Q1 FY27)

  • Revenue from operations: ₹4,258.99
  • Other income: ₹12.38
  • Total income: ₹4,271.37
  • Expenses:
  • Cost of food and beverages consumed: ₹1,456.69
  • Employee benefits expense: ₹870.14
  • Other expenses: ₹1,233.59
  • Total expenses: ₹3,560.42
  • EBITDA: ₹710.95
  • Share of profit of associate: ₹0
  • Finance costs: ₹229.47
  • Depreciation and amortization expense: ₹457.14
  • Profit before tax: ₹24.34
  • Tax expense: ₹1.26 [Current tax ₹1.18, Deferred tax ₹0.08]
  • Profit after tax: ₹23.08
  • Profit attributable to:
  • Owners of the Company: ₹30.93
  • Non-controlling interest: ₹(7.85)
  • Other comprehensive income/(loss): ₹(0.17)
  • Total comprehensive income/(loss): ₹22.91
  • Total comprehensive income/(loss) attributable to:
  • Owners of the Company: ₹30.93
  • Non-controlling interest: ₹(8.02)
  • Paid-up equity share capital (Face value ₹5 each): ₹195.43
  • Earnings/(Loss) per equity share:
  • Basic: ₹0.79
  • Diluted: ₹0.78

Comparative Performance

| Particulars | Jun-26 | Mar-26 | Jun-25 | FY26 |

| Revenue from operations | 4,258.99 | 3,603.96 | 2,969.81 | 13,387.02 |

| Profit/(Loss) after tax | 23.08 | (150.70) | (166.75) | (619.11) |

| Profit attributable to owners | 30.93 | (134.08) | (164.09) | (591.31) |

| Basic EPS (₹) | 0.79 | (3.43) | (4.20) | (15.13) |

Geographical Segment Revenue (Consolidated)

  • India: ₹3,873.57 (Q1 FY27)
  • Overseas: ₹385.42 (Q1 FY27)

Key Corporate Updates and Notes

Company Name Change

The company name changed from "Barbeque-Nation Hospitality Limited" to "United Foodbrands Limited" effective September 18, 2025, approved by the Registrar of Companies.

Acquisition of Willow Gourmet Private Limited

  • On February 3, 2025, the company executed agreements to acquire up to 51% equity share capital of Willow Gourmet Private Limited (WGPL), which operates ice-cream brand 'Omm Nom Nomm'.
  • Initially acquired 42.36% stake on March 11, 2025, making WGPL an associate
  • Completed acquisition of 51% stake on June 30, 2025, making WGPL a subsidiary

Subsidiary Amalgamation

  • The Board of Red Apple Kitchen Consultancy Private Limited and Blue Planet Foods Private Limited (subsidiaries) approved a Scheme of Amalgamation
  • Hon'ble NCLT Bengaluru Bench approved the scheme on May 29, 2026
  • Approved share exchange ratio: 0.1215 (4 equity shares of Transferee Company for every 33 equity shares held in Transferor Company)
  • Scheme effective from Appointed Date of April 1, 2024, after filing with RoC
  • The amalgamation constituted a business combination among entities under common control with no impact on Group's total assets, liabilities, revenue, EBITDA, or cash flows
  • Comparative figures have been restated to reflect revised allocation between equity holders and non-controlling interest

International Expansion

  • On December 16, 2025: Barbeque Nation MENA Holding Limited (wholly owned subsidiary) purchased shares of United Foodbrands Thai Holding Co., Ltd. and United Foodbrands Thai Co., Ltd. (Thailand)
  • On February 24, 2026: Incorporated Barbeque Nation Restaurant W.L.L. (Barbeque-Qatar) in Doha, Qatar
  • Both entities became step-down subsidiaries (operations not yet commenced)

Labour Code Impact

  • Government of India notified four Labour Codes on November 21, 2025, consolidating 29 existing labour laws
  • The company assessed incremental impact from changes in wage definition
  • Recognized impact for year ended March 31, 2026:
  • Standalone: ₹46.68 million towards gratuity and ₹14.20 million towards long-term compensated absences
  • Consolidated: ₹55.13 million towards gratuity and ₹19.58 million towards long-term compensated absences
  • Impact recognized under "Employee benefits expense"
  • Company continues to monitor finalization of Central/State Rules for further accounting effects

Tax Adjustments

  • During FY26, pursuant to favourable Appellate Orders from Income-tax authorities, the company reversed ₹61.42 million relating to Income-tax provisions created in earlier years
  • Recognized under "Adjustment of tax relating to earlier years"

Loan Transactions

  • During FY26, granted unsecured loan of ₹100 million to subsidiary Red Apple Kitchen Consultancy Private Limited for capex and business expansion
  • Disbursed ₹14 million during FY26
  • Tenor: 4 years with 12-month moratorium
  • Interest rate: Average bank interest rate (presently 8.5% p.a.) + 0.5% p.a., subject to minimum not lower than prevailing Government Security yield
  • Transaction undertaken on arm's length basis

Loan Write-off

  • Company had impaired loan advanced to Barbeque Nation MENA Holding Limited and recognized provision for impairment in FY19
  • RBI approved write-off of loan and interest accrued thereon ₹273.72 million without prejudice
  • Company wrote off such loan and interest accrued during quarter and year ended March 31, 2026

Segment Information

  • The company operates in only one segment: operating restaurant business
  • This determination is based on similar economic characteristics, nature of service provided, and production/distribution processes

Auditor Review

  • Financial results reviewed by S.R. Batliboi & Associates LLP, Chartered Accountants
  • Limited review conducted in accordance with Standard on Review Engagements (SRE) 2410
  • Consolidated results include 8 subsidiaries reviewed by their auditors and 3 subsidiaries with unaudited results provided by management