Consolidated Financial Performance (Unaudited)

Quarter Ended September 30, 2026 (Q2 FY27)

  • Revenue from Operations: ₹48,080.32 lakh
  • Total Expenses: ₹48,284.30 lakh
  • Loss Before Tax: ₹(203.98) lakh
  • Tax Expense: ₹Nil
  • Loss After Tax: ₹(203.98) lakh
  • Other Comprehensive Loss: ₹(0.68) lakh
  • Total Comprehensive Loss: ₹(204.66) lakh

Quarter Ended September 30, 2025 (Q2 FY26)

  • Revenue from Operations: ₹36,362.12 lakh
  • Total Expenses: ₹33,591.18 lakh
  • Profit Before Tax (after exceptional items): ₹2,770.94 lakh
  • Tax Expense: ₹Nil
  • Profit After Tax: ₹2,770.94 lakh
  • Other Comprehensive Income: ₹2.01 lakh
  • Total Comprehensive Income: ₹2,772.95 lakh

Half Year Ended September 30, 2026 (H1 FY27)

  • Revenue from Operations: ₹79,086.90 lakh
  • Total Expenses: ₹79,232.20 lakh
  • Loss Before Tax: ₹(145.30) lakh
  • Tax Expense: ₹Nil
  • Loss After Tax: ₹(145.30) lakh
  • Other Comprehensive Loss: ₹(0.02) lakh
  • Total Comprehensive Loss: ₹(145.32) lakh

Half Year Ended September 30, 2025 (H1 FY26)

  • Revenue from Operations: ₹48,080.32 lakh
  • Total Expenses: ₹45,186.63 lakh
  • Profit Before Tax (after exceptional items): ₹2,893.69 lakh
  • Tax Expense: ₹Nil
  • Profit After Tax: ₹2,893.69 lakh
  • Other Comprehensive Income: ₹339.51 lakh
  • Total Comprehensive Income: ₹3,233.20 lakh

Exceptional Items (Consolidated)

For Q2/H1 FY26:

  • Gain on redevelopment transaction: ₹5,816.68 lakh (Refer Note 4)
  • Impairment of investment: ₹(536.07) lakh (Refer Note 5)

For H1 FY27:

  • Impact of new labour codes on gratuity: ₹(968.59) lakh (Refer Note 6)

Key Consolidated Financial Figures

Expense Breakdown for H1 FY27:

  • Cost of materials consumed: ₹48,080.32 lakh
  • Employee benefits expense: ₹21,604.45 lakh
  • Finance costs: ₹7,876.54 lakh
  • Depreciation and amortization: ₹12,186.19 lakh

Assets and Liabilities (as of September 30, 2026):

  • Total Assets: ₹293,859.75 lakh (vs. ₹283,020.50 lakh as of March 31, 2026)
  • Financial Assets: ₹120,132.0 lakh (includes Cash & Cash Equivalents: ₹2,603.70 lakh)
  • Property, Plant and Equipment: ₹90,590.17 lakh
  • Right-of-use assets: ₹120,349.55 lakh
  • Total Liabilities: ₹215,356.70 lakh
  • Borrowings: ₹33,582.30 lakh
  • Lease Liabilities: ₹157,929.31 lakh
  • Equity: ₹78,503.05 lakh (Share Capital: ₹3,118.82 lakh; Other Equity: ₹52,763.47 lakh)

Consolidated Cash Flows (H1 FY27):

  • Net Cash from Operating Activities: ₹18,525.69 lakh
  • Net Cash used in Investing Activities: ₹(11,208.83) lakh
  • Net Cash used in Financing Activities: ₹(6,363.30) lakh
  • Net Increase in Cash: ₹953.56 lakh

Standalone Financial Performance (Unaudited)

Quarter Ended September 30, 2026 (Q2 FY27)

  • Total Income: ₹66.57 lakh (Dividend Income: ₹62.15 lakh; Net gain on fair value changes: ₹2.94 lakh; Other Income: ₹1.48 lakh)
  • Total Expenses: ₹39.88 lakh
  • Profit Before Tax: ₹26.69 lakh
  • Profit After Tax: ₹26.69 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.04

Half Year Ended September 30, 2026 (H1 FY27)

  • Total Income: ₹697.22 lakh (Dividend Income: ₹629.15 lakh; Net gain on fair value changes: ₹57.70 lakh; Other Income: ₹10.37 lakh)
  • Total Expenses: ₹73.93 lakh
  • Profit Before Tax: ₹623.29 lakh
  • Profit After Tax: ₹623.29 lakh
  • Earnings Per Share (Basic & Diluted): ₹0.40

Subsidiary Information

The consolidated results include:

1. Westlife Foodworld Limited (Holding Company)

2. Hardcastle Restaurants Private Limited (Wholly Owned Subsidiary)

3. Westlife ESOS Trust (Subsidiary)

The unaudited interim financial statement of a subsidiary (assumed to be Hardcastle Restaurants Pvt. Ltd.) reflects total assets of ₹4,466.41 lakh as at September 30, 2026, total revenues of ₹3.26 lakh for both Q2 and H1 FY27, and a net loss after tax of ₹0.91 lakh (Q2) and ₹0.92 lakh (H1).

Dividend Information

For H1 FY27, an interim dividend was paid, resulting in a cash outflow of ₹594.20 lakh (consolidated) and ₹598.52 lakh (standalone).

Notes to Accounts

Note 4: In Q2 FY26, the Group completed a redevelopment transaction involving one of its ownership store properties in Mumbai, resulting in a net aggregate gain of ₹5,816.68 lakh.

Note 5: In Q2 FY26, the results include an exceptional item of ₹536.07 lakh towards impairment of investment by its wholly owned subsidiary HRPL.

Note 6: Effective November 21, 2025, the Government of India consolidated multiple labour legislations into four labour codes. The Group has disclosed an incremental impact of ₹968.59 lakh on gratuity due to changes in wage definition, presented as an exceptional item.